Turkish businessmen to be encouraged from EU to African markets

Caglayan assessed the foreign trade prospects for 2011.

Turkish businessmen to be encouraged from EU to African markets

Turkish State Minister for Foreign Trade Zafer Caglayan said on Sunday that they estimated Turkey's exports to rise to 127 billion USD and imports to reach 199.5 billion USD in 2011.

In an exclusive interview with the AA, Caglayan assessed the foreign trade prospects for 2011. He said the Justice and Development (AK) Party government eyed 160 billion USD of exports for 2013.

Caglayan said the world economies would revive in 2011 and economic growth would continue. He said Turkish economy was expected to grow in 2011 as the government adopted an approach based on creation of jobs and exports in the medium term program for 2011-2013. He said the recovery in global trade was expected to continue in the mean term and this would have a positive impact on Turkish exports. He said the government eyed 160 billion USD of exports for 2013.

Caglayan said exports has been the main propelling force behind economic growth recently, adding that their main goal was to increase Turkey's share in the global trade and boost the country's competitive power. He said the government targeted to increase annual Turkish exports to 500 billion USD until 2023 under the "2023 Strategy".

He said the government was exerting efforts to establish an integrated approach where manufacturing and exports were viewed together in order to ensure sustainable exports.

Caglayan pointed out that they wanted to divert businessmen from the EU or other traditional market to emerging African markets which recorded high growth rates.


AA

Last Mod: 09 Ocak 2011, 18:11
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