Turkey says to open more border crossings with Iraq

The Turkish state minister for foreign trade forecast on Wednesday exports in June to be around 9 billion USD.

Turkey says to open more border crossings with Iraq

The Turkish state minister for foreign trade forecast on Wednesday exports in June to be around 9 billion USD.

Turkey's State Minister Zafer Caglayan predicted Turkey's exports in June 2010 to be close to those in May 2010, i.e around 9 billion USD.

"According to figures of exporters assembly, our exports were up 13.1 percent year-on-year on June 29," Caglayan told reporters in the Iraqi city of Irbil.

Caglayan said exports were up 3.8 percent month-on-month on June 29.

"Our year-end export projection was 107.5 billion USD in the medium-term program and our 12-month exports were around 106.5 billion USD on June 29," he said.

Caglayan said he hoped Turkey would make more exports in 2010 than it forecast.

"The figures of the Turkish Statistical Board, TurkStat, and the exporters assembly indicate that Turkey's exports will be around 53 billion USD in June 2010," he said.

Earlier on Wednesday, TurkStat said Turkey's exports rose 34.5% year-on-year in May 2010, and reached 9,885 million USD.

Caglayan also forecast year-end growth figure as 5-5.6 percent.

TurkStat announced earlier on Wednesday that Turkey's economy grew 11.7% in the Q1 of 2010.

On his meetings in Iraq, Caglayan said he thought Turkey and Iraq could cooperate in energy and make investments on hydroelectrical power plants.

Caglayan said 145 Turkish construction, food, informatics and furniture companies held talks with Iraqi companies.

"Our exports to Iraq were 2.5 billion USD in the first half of 2010, and we made almost 70 percent of our exports to the regional administration in the north of Iraq," the minister
said.

Caglayan underlined importance of messages of the regional administration in north of Iraq regarding PKK violence, and said the timing of his visit was not coincidental.

"Our political relations will improve as our trade increases, and we want all parts of Iraq to be developed and to make trade and politics with every part of Iraq," he said.

Caglayan said he would visit Kirkuk soon and bring together Turkish and Turkmen businessmen.

The minister also said Turkey would open more border crossings with Iraq as soon as the central government was formed in Iraq.


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Güncelleme Tarihi: 30 Haziran 2010, 15:32

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