Türkiye and China set to increase bilateral trade


AA - Türkiye and China will cooperate to further develop trade relations. Husnu Ozyegin, Chairman of the Türkiye-China Business Council under the Foreign Economic Relations Board of Türkiye (DEIK), met with Chinese Ambassador to Ankara, Song Aiguo, to discuss ways of developing trade ties between the two countries.


Ozyegin called for bilateral visits of executives from both countries to assess the investment opportunities available and stated that he would like to host a Chinese delegation in Istanbul and give a briefing about Türkiye’s commercial opportunities.


He also told Aiguo that Turkish-Russian energy cooperation will be boosted substantially over the next five years and suggested developing similar relations between China and Türkiye in the same field. Meanwhile, Ozyegin added that work is ongoing to open a representative office for DEIK in China.


Currently 67 Turkish companies have offices in China, while some 305 Chinese companies are operating in Türkiye. The Türkiye-China trade volume stood at USD 12.6 billion in 2008.


DEIK; husnu ozyegin; song aiguo; china; trade; commerce; turkey