UK aims to double trade with Turkey

United Kingdom Trade & Investment stated that it aimed to double the commerce with Turkey.

UK aims to double trade with Turkey

 

United Kingdom Trade & Investment (UKTI) stated that it aimed to double the commerce with Turkey.

UKTI said on Wednesday that it would work to double the trade within the next five years, and help investors within that scope.

It stated that the current trade between the two countries was nine billion USD.

UKTI Chief Andrew Cahn said that Turkey, which was an economic power, was a big potential for UK companies. He added that Turkey, with its 11 percent growth rate, hinted that it could be the second biggest economy of Europe by 2050.

Cahn noted that Turkey, as it took place between western and eastern worlds, would help companies to open to the Middle East, Europe and Central Asia markets.

Within that scope, UKTI stated that it will help UK companies which will invest in Turkey.

UKTI works with UK-based businesses to ensure their success in international markets. UKTI was formed in 1999 as British Trade International, comprising two parts: Trade Partners UK (for export) and Invest UK (for inward investment).
 

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Güncelleme Tarihi: 28 Temmuz 2010, 17:23
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