Turkey hopes over $1-bln exports in defense industry sector

Turkey's foreign trade minister said current projections on country's defense industry exports showed that they would exceed well over $1 billion next year.

Turkey hopes over $1-bln exports in defense industry sector


Turkey's foreign trade minister on Tuesday said current projections on country's defense industry exports showed that they would exceed well over $1 billion next year.

Zafer Caglayan said he expected the sector's turnover would reach $3 billion in 2011 from a current $2.3 billion, adding that it was $832 million in 2009.

Caglayan said the Turkish armed forces now procured 46 percent of their defense requirements from national producers, adding that the ratio had been as low as 20 percent in the past.
 

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Güncelleme Tarihi: 10 Ağustos 2010, 13:30
YORUM EKLE