Turkish Minister hopeful about British trade rise

The Turkish state minister for foreign trade said on Wednesday that Turkey and Britain could raise their trade volume over 20 billion USD.

Turkish Minister hopeful about British trade rise

The Turkish state minister for foreign trade said on Wednesday that Turkey and Britain could raise their trade volume over 20 billion USD.

Turkey's State Minister Zafer Caglayan said Turkey and Britain had the capacity to raise their trade volume over 20 billion USD within two or three years.

"We will discuss how we can boost our cooperation, and seek possible cooperation opportunities in other countries," Caglayan said during the Turkish-British Business Forum in London, Britain.

Turkish-British trade volume was 14.5 billion USD in 2007, and dropped to 13.5 billion USD in 2008. The figure dropped to 9.4 billion USD in 2009.

Turkey's exports to Britain was up by four-folds between 2001 and 2008, and climbed from 2.1 to 8.4 billion USD. Also, Turkey's imports from Britain rose from 1.9 to 5.3 billion USD in the mentioned period.

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Güncelleme Tarihi: 17 Mart 2010, 15:18

SeydiAli

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