Türkiye, US determined to revitalize economic ties – trade minister

Türkiye, US determined to revitalize economic ties – trade minister

Türkiye and the US are decided to revitalize and additional bilateral financial relations, Turkish Trade Minister Omer Bolat stated.

“In the economic field, the governments of both countries are determined to revitalize and further develop relations,” Bolat instructed Anadolu in an unique interview on Thursday.

His remarks got here on the sidelines of the thirty ninth American-Turkish Conference in Washington which is a premier venue for US and Turkish business leaders to interact in business diplomacy.

Pointing out that Türkiye and the US have been allies for greater than 70 years, Bolat stated that though there are some tensions within the political and financial fields occasionally, there may be an growing commerce quantity between the 2 nations.

Bolat added that the US has greater than $2 trillion of imports and famous that Türkiye’s exports to the US are round $14 billion.

Türkiye and the US need to attain a $100-billion commerce quantity goal set by the leaders of the 2 nations, he careworn.

The minister stated greater than 120 managers from large- and medium-sized firms of the US will probably be in Istanbul subsequent week on the Trade Winds occasion to carry conferences with their counterparts from the business world for 3 days.

– Türkiye’s stance on Israel is ‘clear’

About Israeli Foreign Minister Israel Katz’s claims of Ankara easing its commerce ban with Israel, Bolat stated they had been “completely inconsistent.”

“Since it was written in Hebrew, it is a text that seems to have been given to satisfy its own public and political supporters. It is a product of imagination, has nothing to do with reality, and is incompatible with the seriousness of statesmanship,” he added.

Katz claimed on X that Turkish President Recep Tayyip Erdogan lifted lots of the commerce restrictions he imposed on Israel.

Stating that Türkiye’s stance on this challenge is evident, Bolat emphasised that Turkish Foreign Ministry has been making intense efforts to cease the “brutal attacks” carried out by Israel since Oct. 7, 2023 on the Gaza Strip.

On May 2, the Turkish Trade Ministry introduced that Ankara suspended all export and import operations with Israel because of its “aggression against Palestine in violation of international law and human rights.”

Turning to the Pro-Palestine school campus protests unfold throughout the US and another EU nations, Bolat stated: “This cry began to echo all over the world.”

The minister suggested firms buying and selling with Israel to seek out new export markets and to not disrupt their commerce.

Pointing out that there’s extra essential humanitarian downside right here than commerce, Bolat stated Türkiye couldn’t be anticipated to stay detached to the homicide of greater than 35,000 folks, principally ladies and kids.

Israel has pounded the Gaza Strip in retaliation for a Hamas-led assault in October, which killed lower than 1,200 folks.

More than 34,900 Palestinians have since been killed in Gaza, the overwhelming majority of whom have been ladies and kids. Over 78,500 others have been injured, in response to Palestinian well being authorities. Thousands stay lacking.

Seven months into the Israeli warfare, huge swathes of Gaza lay in ruins, pushing 85% of the enclave’s inhabitants into inner displacement amid a crippling blockade of meals, clear water and medication, in response to the UN. Most of the displaced have sought refuge in Rafah following earlier Israeli evacuation orders.

Israel is accused of genocide on the International Court of Justice. An interim ruling in January stated it’s “plausible” that Tel Aviv is committing genocide within the coastal enclave, and ordered Tel Aviv to cease such acts and take measures to ensure that humanitarian help is supplied to civilians

Source: www.anews.com.tr