Vice President Cevdet Yılmaz on Thursday mentioned Türkiye has made billions of {dollars} value of direct investments in Romania and mentioned the 2 international locations search to additional broaden their bilateral commerce.
“Our direct investments in Romania have reached a really excessive stage of $7.5 billion when the third nation investments are included,” Yılmaz advised a gathering with businesspeople within the Romanian capital of Bucharest.
In phrases of direct investments, Romania is among the many high 10 international locations amongst European Union member states the place Turkish corporations make investments, and within the contracting sector, it’s a nation that ranks first in Europe, he mentioned.
He mentioned commerce figures within the first three months of this 12 months point out that there can be “a very serious increase this year.”
“I hope we are going to attain $13 billion, however we intention for a a lot larger commerce quantity within the medium and long run,” he mentioned.
“Our bilateral trade volume has surpassed the $10 billion mark and we are very pleased about this. We have full confidence that this momentum will continue,” he famous.
The whole commerce quantity elevated to $10.6 billion final 12 months. Türkiye’s exports amounted to $6.9 billion, whereas imports totaled $3.6 billion.
“Romania’s geographical proximity to our nation, current transportation services and the presence of businesspeople and contractors working right here enhance the potential for commerce and cooperation between the 2 international locations,” he mentioned.
He added that Romania is among the international locations with which Türkiye has the very best stage of political, financial, navy and cultural relations in Europe and the Balkans.
Source: www.dailysabah.com
