7/17/2009

Caglayan: Turkey fulfilled its obligations for investment

AA - Turkish State Minister Zafer Caglayan said on Wednesday that Turkey has attracted USD 70 billion of foreign capital in the past six years. "Turkey fulfilled structural reforms, ensured political stability, thus meeting all requirements for investment in the past seven years", said Caglayan while addressing the Turkey-Chile Business Forum organized in Santiago, Chile. Caglayan said the business forum, bringing together the businessmen of the two countries, will form a platform that will boost foreign trade figures. "A Free Trade Agreement (FTA) between Turkey and Chile will add significant momentum to bilateral commercial relations. Chile will be able to gain access to new markets in the Caucasus, the East, Middle East and Africa", said Caglayan. Meanwhile, Chile’s Foreign Minister Mariano Fernandez, while addressing the forum, said Turkey and Chile are important players in the global economy and that they attract very important investments. Fernandez said an FTA with Turkey is very important and underlined that it is an opportunity for them to enter the Asian market. He said the agreement will open doors from Columbia to Canada for Turkey.

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