'Pacific Summit' organized by TUSKON

Ministers and high-ranking officials from 14 Pacific countries as well as representatives of companies are attending the Summit held in the framework of "Turkey-Pacific trade bridge" meetings.

'Pacific Summit' organized by TUSKON
"The center of economy shifts from the Atlantic Ocean to the Pacific. This shift from East to West goes through Turkey," said State Minister Kursad Tuzmen at the "Pacific summit" on Saturday.

Ministers and high-ranking officials from 14 Pacific countries as well as representatives of small and medium sized companies are attending the Summit that is held in the framework of "Turkey-Pacific trade bridge" meetings, organized by Confederation of Businessmen and Industrialists (TUSKON) with the support of Undersecretariat for Foreign Trade (DTM) in Istanbul.

Minister Tuzmen who delivered a speech at the Summit, said southeast Asia and Pacific region has become the center of attraction for global economy.

"Approximately one third of world trade is made in this region as of 2006" said Tuzmen, adding this amounts to a total of 6 trillion USD foreign trade volume.

Tuzmen, who stated that the role of Pacific region will increase in the coming 25 years, continued "Pacific Ocean is gradually gaining significance. Economic center shifts from Atlantic Ocean to Pacific Ocean. The shift from West to East goes through Turkey. We want to partake in this with you." Tuzmen who pointed to the developments in the Turkish economy in recent years, said "Turkey has an export target of 100 billion USD and foreign trade target of 250 billion USD for 2007."

Turkish minister said the trade volume between Pacific countries and Turkey is currently 23 billion USD, whereas Turkey's exports to these countries is only 3 billion USD. Tuzmen said, "we should balance this."

"Our aim is not to sing, we want to dance with you," said Tuzmen as he called the participants from Pacific countries to cooperate with Turkish businessmen, especially in construction projects in their countries.

Murat Yalcintas, Chairman of Istanbul Chamber of Trade (ITO),Turkish Exporters' Assembly (TIM) Chairman Oguz Satici, TUSKON Chairman Rizanur Meral were among the participants of the summit.

Cooperation in construction material, petroleum products, ready-to-wear sectors, mining, textile and food sectors will be discussed at the meeting.

Several ministers, bureaucrats and businessmen from Australia, New Zealand, Papua New Guinea, South Korea, Japan, Singapore, Brunei, Thailand, Laos, Cambodia, Malaysia, Indonesia, Burma and Vietnam are attending the meeting that will end on April 8th.

Source: AA

Güncelleme Tarihi: 20 Eylül 2018, 18:16