Baku, Azerbaijan, Sept. 27
By Rufiz Hafizoglu - Trend:
Turkish Minister of Trade Ruhsar Pekcan urged the US companies to invest in the Turkish economy, Turkish media reported Sept. 27.
“We want to see US investors in Turkey,” the minister said.
The minister also noted that over the past 10 years, the trade turnover between Turkey and the US has doubled and reached $20 billion.
She reminded that Turkey and the US have huge potential for increasing trade turnover.
On Sept. 20, Turkish President Recep Tayyip Erdogan following a meeting with the heads of US companies held in Ankara said that the Turkish-US relations will be strengthened through trade.
"Turkey has opened its doors to all foreign investors and has implemented large-scale economic reforms over the past 16 years," Erdogan said.
After the deterioration of relations between the US and Turkey, President Erdogan urged foreign companies to invest in the Turkish economy.
The relations between Washington and Ankara have deteriorated recently, in particular due to the case of the American pastor Andrew Brunson, detained by the Turkish authorities in 2016.
After that, President Donald Trump said that he authorized a double increase in duties on aluminum and steel exported from Turkey to the United States, to 20 and 50 percent, respectively. This decision caused the collapse of the Turkish lira to a historical minimum.
The court of the Turkish city of Izmir refused again on August 17 to release from house arrest the American pastor accused of aiding terrorists.
On August 1, the US Treasury Department imposed sanctions against the Minister of Internal Affairs of Turkey Suleyman Soylu, and Minister of Justice, Abdulhamit Gul due to the fact that Ankara did not allow Brunson to return home.
The Turkish Foreign Ministry condemned the US decision and urged to abandon it.
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