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FinancialNews


  • 26-09-20

    Turkey to carry on combating protectionism

    (MENAFN) On Friday September 25 the country's top trade official stated that Turkey will carry on holding up a worldwide trading system based on opposition and rules, before increasing protectionist tendencies.

    Ruhsar Pekcan Trade Minister stressed throughout a conference with firms in Istanbul that "With all our economic and human resources, our production and competitive power, we know that Turkey will be successful in a fair and rules-based system,".

    Pekcan stated that preceding year, at a time when the worldwide economy shrank by 3.6 percent and many countries' exports undergone losses, Turkey had sixth-fastest growing exports in the world with 180.8 billion USD an increase of by 2.1 percent.

    Pekcan as well stated that comparable to the breakthroughs of our country in the services sector, Turkey's service exports increased by 10 percent preceding year to arrive at 65 billion USD.

    MENAFN2609202000450000ID1100860305

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