Turkish Minister hopeful about British trade rise

Speaking at Turkey-Britain Business Forum in London on Tuesday, Caglayan said that commercial relations between Turkey and Britain were strengthening each day. He added that despite the regression in trade volume due to global economic crisis, the figures would hopefully increase as of this year.

Caglayan said that total foreign trade volume with Britain was 14 billion USD in 2008, 13.5 billion USD in 2008, and 9.5 billion USD in 2009.

He said that Turkey exported industrial products to Britain, and imported chemical materials from that country.

Noting that British businessmen made a total of 85 billion USD of investments in 2009, adding that the amount of British investments in Turkey was five billion USD.


/World Bulletin/