World Bulletin / News Desk

Turkish Prime Minister Recep Tayyip Erdogan has said that the annual trade volume between Turkey and Denmark could reach five billion USD by the end of 2015.

Turkish and Danish delegations met under the leadership of Erdogan and Danish Prime Minister Helle Thorning-Schmidt in Copenhagen on Wednesday.

Erdogan said that the annual bilateral trade volume reached 1.7 billion USD by the end of 2012.

Currently, 550 Danish companies were operating in Turkey, said Erdogan, expressing belief that Turkish-Danish economic relations would be developed further by the end of 2015.

Erdogan also thanked Denmark as it sent military experts while Patriot defense systems were being installed in Turkey as well as for its support to Turkey's EU membership process.

Meanwhile, Danish minister said that there were very sound relations between Turkey and Denmark, adding that the commerce and investments between the two countries were increasing each day.

Schmidt also said that they envisaged to increase Denmark's exports to Turkey by 50 percent till 2016.