Turkish State Minister for foreign trade Zafer Caglayan attended a ground-breaking ceremony for a fruit and vegetable market to be constructed by F.O.R.T. Limited Company, a Turkish-Russian partnership, in the Russian city of Rostov.
Delivering a speech in the ceremony, Caglayan said that trade volume between Turkey and Russia which was 4.5 billion U.S. dollars in 2000 has reached 38 billion U.S. dollars in the recent period.
Caglayan said establishment of fruit and vegetable market in Rostov was an important project that would contribute to commercial ties between the two countries.
Trade volume between Turkey and Rostov was 570 million U.S. dollars and nearly 50 Turkish businessmen had investments worth over 100 million U.S. dollars in Rostov, Caglayan said.
"We attach a great importance to Turkish businessmen's investments in Russia. We consider them permanent representatives of Turkey," he said.
Yury Osintsev, Deputy Minister of Regional Development of the Russian Federation, said that they supported this project and it was of great importance for logistic development of Rostov.
F.O.R.T. Executive Board Chairman Burak Bozkir said the project would cost 35 million U.S. dollars and employ nearly 1,500 people. It was expected to be completed in February 2011, he said.
AAGüncelleme Tarihi: 28 Temmuz 2010, 09:31