Turkish Economy Minister Zafer Caglayan on Monday met with Deputy Premier, Economy and Finance Minister of Baden Wurttemberg state of Germany Dr. Nils Schmid in the Turkish capital of Ankara. Speaking to reporters while meeting Schmid, Caglayan said that Turkey and Germany shared important diplomatic, economic and commercial ties. "In 2013, we will be celebrating the 250th anniversary of diplomatic relations with Germany," Caglayan stated. "One of the greatest ties between Turkey and Germany are the more than 3 million Turkish nationals living in Germany. Turks have around 70,000 businesses in Germany and these businesses create a business volume of around 35 billion euros," Caglayan stressed. "Difficulties arising from visas, the quotas placed on the free movement of Turkish products, and the fact that Turkey can not sign Free Trade Agreements with countries who have already FTAs with the EU all cause unfair competition for Turkey," Caglayan underlined. "Turkish Prime Minister Recep Tayyip Erdogan sent a letter to the US President Barack Obama so that the US continued talks with Turkey for a Free Trade Agreement simultaneously with the EU," Caglayan noted. "I would like to express that if the status quo continued, we may have to put the Customs Union (with the EU) on table as the Customs Union is now working against Turkey," Caglayan said. Touching on Israel's recent apology to Turkey, Caglayan underlined that the apology would reflect positively on commercial and economic relations between Turkey and Israel. Dr. Schmid, in his part, said that they wanted to visit various Turkish provinces to introduce their incentive mechanisms. "Europe would get stronger with Turkey. We think that Turkey's entry into the EU, after fulfilling the criteria, is important," Dr. Schmid also said.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor