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

Trade target with Russia to contribute to relations with Tatarstan

by Daily Sabah

ISTANBUL Mar 29, 2015 - 12:00 am GMT+3
by Daily Sabah Mar 29, 2015 12:00 am
Turkey's Economy Minister Nihat Zeybekci said that a free trade agreement or preferential trade agreement to be signed with Russia will lend great impetus to Russia-Turkey relations and will have positive contributions to commercial relations with Tatarstan. During his visit to the Republic of Tatarstan for a series of official talks and inaugurations, Zeybekci answered the questions of an Anadolu Agency correspondent in an interview.

In reference to the Economy Ministry's support for active marketing in health tourism in Russia, Zeybekci said that if a company operating in Turkey opens offices in Russia and Tatarstan, the ministry aids them in areas such as rent payments. Zeybekci also remarked that with such supports and the measures taken, he does not expect a decline in the number of Russian tourists coming to Turkey this season, adding that Russian tourists might not take trips to other countries, but they will continue to come to Turkey. In February, the government announced that in order to prevent cancellations of vacation reservations, the government would grant $6,000 in fuel support for each plane arriving from the Commonwealth of Independent States - Russia, Ukraine and Belarus - and Iran since the tourism sector may face problems this year.

According to Zeybekci, during the recent meeting, which was held between the leaders of Turkey and Russia, the two countries set a target to take the current bilateral foreign trade volume of $32.5 billion to $100 billion in the shortest possible time. Saying that this target is far from being a dream, Zeybekci stated that it would easily be achieved if the ability of Turkish entrepreneurs and idle resources and facilities in Russia were combined. The deceleration in Turkey's foreign trade with Russia in the first two months of 2015 is a temporary situation, Zeybekci said. The minister stated that opportunities in Russia would continue increasing, adding that problems experienced between Russia and the Western world constitute a permanent opportunity for Turkey. He said: "This is why I encourage Turkish investors to continue their investments and production in Russia during this period. We must increase the use of the lira and the ruble in trade with Russia so that the two countries are less affected by external factors."
  • shortlink copied
  • Last Update: Mar 29, 2015 8:48 pm
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    business
    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
    Wildfires, sunsets and tears: Top pictures of the week
    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