Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Turkish transporters offer Greece 400 million euros per year through transit trade

by Daily Sabah with AA

ISTANBUL Jul 07, 2015 - 12:00 am GMT+3
by Daily Sabah with AA Jul 07, 2015 12:00 am
The International Transporters Association (UND) of Turkey called on crisis-hit Greece to cooperate with Turkish transporters to enlarge its transit land trade capacity that would contribute an annual 400 million euros to the cash-stripped country's economy.

Under the slogan "Let's Create a New Silk Road," the UND urged the Greek government to facilitate and ease the procedures of transit trade with Turkey through a statement published on its website.

"Each day, 750 trucks can pass from Turkey to Bulgaria, while this number is 150 to 200 trucks for Greece. Turkey employs 136 people at the İpsala Border Gate with Greece, while 31 people work on Greece's side. Bulgaria has annual income of 350 to 400 million euros from Turkey's export transportation and transit passages. Greece can make this money too," Fatih Şener, UND's Chairman of the Executive Board, said. "Bulgaria, with an approximate 400,000 vehicle traffic per year, is a good example in that regard, and modelling after Bulgaria would provide an important income for Greece."

Şener said that not only Greece, but also Turkey can make important gains through this cooperation. Many trade routes are being redrawn between Europe and Asia, Şener said, stating that Turkey is included in some of these routes while Greece is not included into these new routes, spanning to China.

Şener said that Greece has recently revoked the invitation requirement for truck drivers in visa applications through negotiations. "These are nice developments but if the capacity of the İpsala Border Gate is increased and trucks can pass without obstacles, traffic bound to Europe could pass from Greece, and then use Ro-Ro ships in the Adriatic to Italy."

Pointing to Turkey's $92 billion trade volume from Aegean ports, Şener said that easing the transit passage conditions and enabling Ro-Ro lines to be established for ports like Thessaloniki and Lavrion would seriously reduce logistics costs, while providing a source of income for these areas and means of fast transport for Greek commodities.

Turkey's exports to Greece are worth around $1.5 billion, while importing $4 billion worth of goods from Greece.
  • shortlink copied
  • Last Update: Jul 07, 2015 6:36 pm
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    homepage
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    High tide floods Venice as dam system fails to activate
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021