Turkey to form a new working system similar to USA

Turkish Foreign Trade Minister talked about Turkey's new working system in U.S.

Turkey to form a new working system similar to USA


Turkish foreign trade minister said on Thursday that they would form a new working system based on states in USA.

State Minister Zafer Caglayan gave a conference at the Center for Strategic and International Studies (CSIS) in Washington, D.C.

Economic cooperation between Turkey and the United States was not sufficient, he said. "Our exports to the United States amounted to 3.2 billion U.S. dollars. Imports from the United States amounted to 8 billion U.S. dollars. Trade volume is about 11-12 billion U.S. dollars," Caglayan said.

Mutual investments and investments in the third countries should be discussed, he said.

Caglayan said Turkey should work in the United States with different models and some states were among the largest economies of the world. "We have started to form a working system based on states in this country," he said.

He said that they prepared a very important action plan for six states; California, Texas, New York, Georgia, Florida and Illinois.

Caglayan added that Turkish businessmen would pay a visit to the United States in July.


Caglayan who met with the executives of the leading U.S. companies and finance institutions, said the executives told him that Turkey would be a very important power in its region.

"The executives of U.S. companies said 8 of every 10 refrigerators used in houses in Britain were manufactured in Turkey. Investment opportunities in Turkey should be explained well to the other countries. We should very well explain labor force costs and Turkey's logistic and geographical advantages to them," Caglayan said.

Caglayan said he met with the executives of United Technologies company and the company expressed eagerness to open maintenance and operation section in Turkey's Sabiha Gokcen airport. He said the company also thought of making investment in manufacturing of helicopters.

"The company wants to manufacture aircraft engines in Turkey. They also want to invest in Turkey to sell some models of Sikorsky helicopters to the whole region," he said.

Caglayan said he also thanked the U.S. companies for the support and lobbying activities they extended to Turkey during the Armenian resolution.

Caglayan said, "when we were asked about Turkey's trade with Iran, we told them that it was more than the trade with U.S." He said Turkey would become peaceful transition corridor in case the deal in Tehran was put into effect.

Caglayan said they also assessed the problems between the two countries, adding that actual process would start from now on.

Responding to a question, Caglayan said Turkish Coalition of America (TCA) fulfilled important social responsibility project and within the scope of the project it sent indians, minorities in the United States and children of Armenians to Turkey.

Caglayan said TCA supported increase in investments in several like fields mine, construction, infrastructure and education in places like Arizona where indians were overwhelmingly populated.

Caglayan later left Washington, D.C. for Turkey.



Last Mod: 21 Mayıs 2010, 14:57
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