12/1/2008

Tuzmen: “Foreign trade and investments best way to counter crisis"

Dunya - Kursad Tuzmen, State Minister for Foreign Trade, and his French counterpart Anne-Marie Idrac, last week attended a working meeting in Istanbul held by the Foreign Economic Relations Board (DEIK). Speaking at the meeting, Tuzmen said that rising foreign trade and investments were the best remedies to the global economic crisis, adding that Ankara recently signed free trade agreements with France, the Netherlands, Saudi Arabia and Montenegro. "Given these agreements, we can say that Turkey is among the countries that will come out of the crisis with minimal damage," Tuzmen said. Turkey, as a safe harbor for investments with an economy in good condition, is one of the chief destinations for foreign investments, he added. Also speaking at the ceremony, Idrac said many French companies have investments in Turkey and employ thousands of people, adding that they do well in Turkey and expect new French entrepreneurs in the country. Idrac said this shows their confidence in Turkey.