8/28/2009

Turkey to export boron to D-8 countries

Turk.net - D-8, a group of developing countries with large Muslim populations, is willing to work together with Turkey on renewable energy and also to import boron, said the Turkish Energy Minister Taner Yildiz on Wednesday. Following his meeting with Dipo Alam, Secretary-General of D-8, Yildiz said they focused on energy and that D-8 countries demanded boron from Turkey, one of world's largest boron producers. He added that Turkey could also export some other minerals to these countries. Yildiz noted that some D-8 countries, such as Malaysia and Indonesia, want Turkey to invest in renewable energy projects. Yildiz also stated that the Turkish government will encourage Turkish companies to invest in these countries. D-8 consists of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey. The group was established following an announcement in Istanbul, Turkey on June 15, 1997. Turkey's trade volume with D-8 countries rose 27 percent to USD 18 billion in 2008.

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