U.S. Ambassador: Türkiye and USA can raise trade three-folds


AA - The top US diplomat in Türkiye said on Tuesday that Türkiye and the United States could raise their trade volume by three fold. James Jeffrey, the US Ambassador to Türkiye, stressed the importance of ties between the two countries and underlined the need for stronger economic relationship.


The United States is supporting improvement of commercial and economic ties with Türkiye, said Jeffrey during a dinner held on the occasion of the sixth anniversary of the establishment of the American Business Forum in Türkiye (ABFT).


Jeffrey said two countries need a stronger economic relationship that also includes private sector. Two countries have almost USD 15 billion of trade volume, Jeffrey noted. The ambassador also stressed that this figure could be raised by three-fold in a few years.


The ABFT serves as the American Chamber of Commerce in Türkiye and represents approximately 60 prestigious US firms operating in Türkiye. Founded with a mission to improve the business and investment environment for US companies in Türkiye, ABFT has remained focused on this objective through advocacy and business development initiatives.