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  • 20-10-21

    Turkish machinery sector to fulfil with EU carbon emission goals

    (MENAFN)Figures released by a sectoral association showed that Turkey's machinery exports amounted at USD17 billion in the January-September of 2021.

    According to the Machinery Exporters' Association in a press release, the industry's exports increased 30.2 percent annual in the mentioned period, increasing 18.8 percent versus the same time span in 2019 -- before the start of the coronavirus pandemic.

    It further declared that the sector is estimated to close 2021 with an export number of USD23 billion.

    The head of the association, Kutlu Karavelioglu stated that "We are on the brink of a world that will become more and more expensive," saying that global trade rose on a value basis due to inflation.

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