British govt eyes to double trade with Turkey until 2015

The document says Turkey is expected to become Europe's second largest economy by 2050.

British govt eyes to double trade with Turkey until 2015

England aims to double its trade with Turkey until 2015, revealed the Trade White Paper, the major trade and investment strategy document of the British Government.

The new Trade White Paper announced by the ruling Conservative-Liberal Democrat coalition of England emphasizes that trade and investment is key to growth and economic development.

According to the new document, the England's coalition government led by Premier David Cameron sees Turkey as an important trade partner which offers significant opportunities.

The document emphasizes Britain's support to Turkey's accession to the EU, and says Turkey is expected to become Europe's second largest economy by 2050.

Cameron's Trade Advisor Leon Brittan told AA on Thursday that the goal to doubling the trade volume could not be achieved overnight. He said the government was providing incentives but the success of the task lied with the private sectors of the two countries, noting that the government was ready to introduce further incentives if they are proven insufficient.

Brittan pointed out that the trade volume between the two countries was 9 billion British pounds. He said England was Turkey's second largest trade partner as of 2010.

AA

Last Mod: 10 Şubat 2011, 13:44
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