Turkish FM invites US firms to nuclear energy investment

Türkiye Materials 5 June 2008 16:52 (UTC +04:00)

Turkish Foreign Minister and Chief Negotiator for EU talks Ali Babacan invited U.S. companies to cooperate with Turkey on nuclear energy, reported TimeTurk.

Meeting the U.S. Secretary of Energy Samuel Bodman on Wednesday, Babacan told Bodman that "Turkey is located in a region between energy producers and energy consumers".

Babacan reminded Bodman that 70 percent of all energy sources in the world are situated in Turkey's region.

In his meeting with the U.S. Secretary of Treasury Henry Paulson, Babacan informed Paulson about the economic reform process in Turkey and privatizations since 2002.

Paulson told Babacan that "Turkey is a success story as a free market economy".

Babacan later met the U.S. House of Representatives House Majority Whip James Clyburn and discussed diverse issues, including energy topics, Turkey's role in the Middle East peace process, Turkey's contributions in the dialog between Pakistan and Afghanistan, Turkey's role in Kosovo and Bosnia-Herzegovina.

Babacan informed Clyburn that Turkey is getting ready to open 15 new embassies in Africa.

Ali Babacan told Clyburn that Turkey is against Iran's plans to possess nuclear weapons.

"Turkey believes that dialog with Iran is better than isolating this country", Babacan told Clyburn.