Turkish PM heads for Latin America

Erdogan will depart from Turkey on Tuesday to pay formal visits to Brazil, Argentina and Chile.

Turkish PM heads for Latin America

Turkish Prime Minister Recep Tayyip Erdogan will depart from Turkey on Tuesday to pay formal visits to Brazil, Argentina and Chile.

Erdogan will attend third forum of the Alliance of Civilizations that would be organized in Rio de Janeiro on May 28 and 29, 2010.

These visits will be the the first of its kind in prime ministerial level.

The visits aim to deepen Turkey's developing cooperation opportunities with the countries in Latin America and the Caribbeans.

Erdogan is scheduled to meet Brazilian President Luiz Inacio Lula da Silva and exchange views on daily international and regional matters within the scope of bilateral relations, G-20, and United Nations Security Council membership.

Several agreements are also expected to be signed by Turkey and Brazil.

Erdogan will meet Michel Elias Temer, President of the Chamber of Deputies of Brazil, and later formally inaugurate Turkey's Consulate General in Sao Paulo.

Erdogan is also expected to meet Turkish citizens living in Brazil and visit Brazilian Oil Company PetroBras, which carried out joint oil research activities with Turkey's TPAO in the Black Sea.

Turkish prime minister will proceed to Rio de Janeiro on May 27, 2010 to attend Third Forum of the Alliance of Civilizations which will take place on May 28 and 29, 2010.

Erdogan will address the opening of the forum and attend lunch which will be hosted by Brazilian President Silva.

He will proceed from Brazil to Argentina where 100th anniversary of the establishment of diplomatic relations would be marked.

On May 31, Erdogan will meet Argentina's President Cristina Fernandez de Kirchner and sign "Air Transportation" and "Cooperation on Customs" agreements.

On June 1, Erdogan will proceed to Chile and meet President Sebastian Pinera within the scope of formal talks.

The two leaders are expected to take up bilateral economic and commercial relations within the scope of Free Trade Agreement signed in July 2009.

Erdogan will return to Turkey on June 2, 2010.

Turkish State Minister for foreign trade Zafer Caglayan will also accompany Erdogan.

A delegation of 134 businessmen will also join the tour.

Caglayan is set to hold talk with his Brazilian, Argentine and Chilean counterparts. He will also attend business forums together with Turkish businessmen.

"Economic ties"

Turkish exports to Brazil amounted to 318 million USD in 2008 and its imports from this country were about 1.42 billion USD.

In 2009, exports rose 22 percent to 388 million USD while imports fell 22 percent to 1.1 billion USD.

Exports climbed by 134 percent and imports reduced by 23 percent in the January-March period of 2010. Turkey exported automotive, machinery, iron and steel, tobacco, fertilizer, nut, and transformers while it imported tobacco, soy bean, coffee, cotton and machinery.

Turkey-Argentina trade volume reached 897 million USD in 897. Turkish exports to Argentina amounted to 107 million USD and its imports from Argentina amounted to 790 million USD.

In 2009, the global financial crisis had a negative impact on Turkey-Argentina commercial relations. Exports fell 31 percent to 74 million USD and imports reduced 71 percent to 226 million USD.

Trade volume has begun increasing again in the first quarter of 2010. Exports climbed 76 percent to 26 million USD and imports rose 8 percent to 45 million USD. Turkey mainly exported motor vehicles, machinery, iron and steel and tobacco while it imports soy bean, vegetable oil, tobacco, rice and machinery.

Trade volume between Turkey and Chile amounted to 474 million USD in 2008. The global financial crisis also affected Turkey-Chile economic and commercial relations reducing trade volume 49 percent to 238 million USD.

Exports to Chile fell 75 percent to 37 million USD and imports decreased 37 percent to 200 million USD in 2009.

In the first quarter of 2010, exports climbed 170 percent to 15 million USD and imports rose 247 percent to 68 million USD.

Iron and steel, industrial machinery, textiles, motor vehicles, machinery and chemicals are the products exported by Turkey to Chile. Turkey mainly imported copper, fruits and vegetables, chemicals, iron and steel, coffee, tea, spice, cacao and several grain-cereals.


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Last Mod: 25 Mayıs 2010, 14:00
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