Turkish, U.S. Investment Agencies sign good-will agreement

Investment agencies of Turkey and the U.S. signed a good-will agreement in Ankara.

Turkish, U.S. Investment Agencies sign good-will agreement

Investment agencies of Turkey and the U.S. signed a good-will agreement on Tuesday in Ankara.

The agreement between the "Invest in America" operating under U.S. Secretary of Commerce-International Trade Authority and the Investment Support and Promotion Agency (ISPAT) operating under Turkish Prime Ministry, was signed by U.S. Asst. Sec. of Commerce Michael Camunez and Chairman of ISPAT Ilker Avci.

Under the agreement the parties will serve as a "contact point" for actual and potential investors from the two countries who are in search of investment opportunities and leads. Parties will also facilitate meetings between investors in their countries and their counterparts and sector representatives in the target country.

During the signature ceremony, Ayci said U.S. technology investments in Turkey with added value was of great importance for Turkey.

"Turkey's young and qualified work force and the cost advantages it offers, enhance the competitive power of foreign investors. We believe this agreement which manifests our determination to continue and promote our cooperation will bear beneficial results for to the two countries," said Ayci.


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Last Mod: 26 Ocak 2011, 09:37
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