10/7/2009

Hormats: US sees Turkey as a strong economic partner

AA - Robert Hormats, Undersecretary for Economic, Energy and Agricultural Affairs at the US Department of State, said on Monday that his country is impressed with Turkey's economic achievements. Hormats said Turkey is an important economic partner of the United States in addition to the long-standing strategic alliance. Hormats is currently in Istanbul for the annual meetings of the International Monetary Fund (IMF) and the World Bank, and participated in a dinner hosted by US companies in Turkey. Prior to the meeting, Hormats told reporters that everybody appreciates Turkey's policies and leadership during the global crisis. Hormats said Turkey is pursuing the right policies during the crisis, and has a strong economic performance. The Undersecretary said the Turkish financial system has successfully overcome the storm, and that Turkish companies could still compete well. Hormats said one of the reasons for their visit to Turkey is to increase trade and investments between the two countries, and that the United States sees Turkey as a strong economic partner, rather than just a security or strategic partner.