Turkey says seeks new ways to get more share from world trade

The Turkish state minister for foreign trade said on Sunday that Turkey sought ways to get more share from the world trade.

Turkey says seeks new ways to get more share from world trade

The Turkish state minister for foreign trade said on Sunday that Turkey sought ways to get more share from the world trade.

Releasing a written statement on Turkey's export figures in July, Turkish State Minister Zafer Caglayan said Turkey aimed at both increasing its current exports and finding new markets to sell its products to as rules of competition changed during the global crisis.

"We are seeking ways to get more share from the world trade. This is not a shift in axis, but making use of our country's geopolitical position in the best way," Caglayan said.

Caglayan noted that Turkey's exports recorded a 6 percent year-on-year increase in July 2010 and reached 9.4 billion USD, moreover, exports in the first 6 months amounted to 54.8 billion USD as announced by Turkish Exporters' Assembly (TIM).

Caglayan said Turkish exports in the first 7 months reached 64.2 billion USD when TurkStat and TIM's figures were assessed together.

"Exports in the last 12 months have reached 110 billion USD. This shows that we will easily achieve the 107.5 billion USD target as set in the medium-term program," he said.

The minister noted that Germany was at the top of Turkey's exports list in July, followed by Britain, Italy, Iraq and France.

Caglayan also said Turkey's exports to 20 countries exceeded 1 billion USD each in the first 7 months of 2010, adding such figure was 16 in the same period of 2009.


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Güncelleme Tarihi: 01 Ağustos 2010, 16:10

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