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Turkish foreign trade minister evaluates his Africa trade talks

Caglayan said his ministry would soon display efforts to sell Turkish-made construction products to Ghana.
Friday, 17 December 2010 14:13

The Turkish state minister for foreign trade said on Friday that Turkey did not have the option to overlook any country or market as it desired to increase its exports to 500 billion
USD.

Speaking to reporters on the last day of his tour of Nigeria, Ghana and Equatorial Guinea, Turkish State Minister Zafer Caglayan said it was important to improve political and diplomatic ties with all countries.

Describing commerce as the key to political relations, Caglayan said Turkey desired to sell products to every region of the world.

Pointing to Africa’s 1.1 trillion USD foreign trade volume, the minister said Turkey’s trade volume with the continent amounted to nearly 17 billion USD.

“Turkey has no option to overlook any country or market”, Caglayan said, underscoring Turkey’s efforts to increase its exports to 500 billion USD by the year 2023.

Caglayan said Turkish contractors carried out successful activities in North Africa, besides, Africa had a great importance in terms of the supply security of raw materials, mines
and metals used in the production of the goods Turkey exported.

Caglayan said Equatorial Guinea had rich mine resources, while almost 200 Turkish firms operated in Ghana and Nigeria was planning a 10-billion USD energy investment in the next 10 years.

The minister said Ghana also needed 1 million houses and it was currently looking for finance opportunities.

Commenting on the construction projects conducted by Korean firms in Ghana, Caglayan said his ministry would soon display efforts to sell Turkish-made construction products to this country.

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