Turkish state bank soon to open branch in Iraq's Irbil

Turkish state-owned lender Ziraat Bank is planning to open a branch soon in the Iraqi city of Irbil, Turkey's foreign trade minister said on Friday.

Turkish state bank soon to open branch in Iraq's Irbil

Turkish state-owned lender Ziraat Bank is planning to open a branch soon in the Iraqi city of Irbil, Turkey's foreign trade minister said on Friday.

Following his meeting with Sinan Celebi, industry and trade minister of the regional administration in the north of Iraq, Turkish State Minister for foreign trade Zafer Caglayan said that a Ziraat branch in Irbil would boost economic and commercial ties.

Calling on Turkish firms to invests in northern Iraq and entire country, Caglayan warned them not to be late to operate in Iraq.

About planned flights between Turkey and Irbil, Caglayan said Turkey's flag carrier Turkish Airlines, or THY, was ready to launch flights.

"THY officials told me that they could start flights to Irbil in July," he said.

Caglayan also said that Turkish government plans to open two more border gates with Iraq. However, he said works for opening of these gates would begin following the formation of new central government in Iraq.


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Last Mod: 04 Haziran 2010, 14:55
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