Minister of Transport and Infrastructure Abdulkadir Uraloğlu said, “We aim to operate more than 200 regular block container trains between China and Turkey via the Central Corridor and BTK railway line in the medium term. On the other hand, with the countries of the region, we have also focused on making the Caspian transit, another
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May 29, 2020
NEW OPPORTUNITIES ARISE FOR TURKISH FIRMS AFTER CORONA CRISIS
With the new type of coronavirus (Covid-19) epidemic, global trade is being discussed again through concepts such as supply chain, strategic products, security, trust, joint action, logistics, the experts note that Turkey will be in an advantageous position according to many factors like its geographical location, logistics networks, disruptions in the supply chain, emergency response
March 13, 2020
GARMENT IMPORTERS SEEKING ALTERNATIVE ROUTES TO CHINA TURNED THEIR DIRECTION TOWARDS TURKEY
Mamas Lina Founder Barman, Turkey said it would be looking for an alternative to the address of garment importers due to coronavirus, “We are currently exported mainly to Europe and the Middle East, including the Gulf countries all textile products from Turkey to take the race,” he said. Turkey realized last year to 17 billion
March 13, 2020
THE SITUATION IN CHINA OPENS NEW OPPORTUNITIES TO TURKEY’S INDUSTRY
According to Turkish Enterprise and Business Confederation (TÜRKONFED) Chairman Tarkan Kadooğlu, economic crisis in China could make Turkey the production base and the new address for the investors who is going to leave these countries will be Turkey. Stating that the economic growth has lost momentum in recent years in China, the expansion of the
August 29, 2019
THE LUXURY SHOPPING DESTINATION: TURKEY
The shopping amount that foreign tourists done in Turkey, increased %70 this year comparing to the same month last year. As well as in the first 7 months of this year the number of Chinese tourists coming to Turkey also seems to be an increase in their expenditures compared to last year. This year, the
March 29, 2019
CHINA’S DEVELOPMENT PLANS IN TURKEY
The second biggest country of world trade China, focused on logistics, energy, electronics, tourism and real estate investments in Turkey. After the entry of country’s two largest banks, Bank of China and ICBC to Turkey, it has accelerated the entries of Chinese companies to Turkey and the number of Chinese companies in Turkey reached one
February 12, 2019
TURKEY IN 2030
The British financial institution Standard Chartered reported its economic forecasts for 2030. According to the report, China will be the world’s largest economy after 11 years. India will follow it. US economy will fall to 3rd place. According to Standard Chartered report, Turkey will rise as well to the 5th largest economy in the World
January 3, 2019
TURKEY CHINA RELATIONS
Turkey is preparing to borrow from the Chinese market in order to manage their foreign debt. President Erdogan, in the meeting of 100-day goals, announced that they would turn to foreign markets in China. Currently, there are no legislative barriers to borrowing in the Chinese bond market. Turkey not only in borrowing in the coming
September 14, 2018
TURKEY’S EXPORT-IMPORT ANALYSIS
The trade volume and the exchange in the export- import figures of Turkey and its trade partnership countries have been very positive in the last few years. Exports Germany ranked top 1 in Turkey’s export countries list with 15.1 billion USD in 2017. Exports reached $ 12.9 billion in 2008 with this country, which makes
June 8, 2017
NEW TECHNOLOGY INVESTMENTS IN TURKEY
New world is trending to be a technology world. Many countries are building their infrastructures to be a main player. Under these changes, new projects and funds are developed by governments. Turkey, as a new developing and growing country, making huge steps to catch the world. Let’s focus on the advantages. First advantage is the
May 22, 2017
TURKEY ASIA RELATIONS
The Asian countries need a strong platform to enable them to use their economical and labour force efficiently and Turkey has the dynamics to lead this platform. There is a need for new forms to lead and support big projects and make Asian countries move forward, an alternative to World Bank and IMF policies for