Turkish & American businessmen to boost trade between 2 countries
It is reported that businessmen from both countries have agreed to boost trade between two countries and have designed a roadmap to put this plan into effect.
Within this frame, The Turkish Union of Chambers and Commodity Exchanges (TOBB) and the United States Chamber of Commerce (USCC) came together in Ankara to sign a memorandum of understanding (MoU) to boost commercial relations. The meeting was also attended by other several officials and politicians such as Deputy Prime Minister Ali Babacan, TOBB President Rifat Hisarcıklıoğlu and Vice President of Middle East Affairs of the USCC Lionel C.
It is reported the agreement stipulates both sides designate separate business delegates and carry out joint studies on how to bolster trade and investment in visits between one another. One of the critical steps in the deal is that the Turkish side will concentrate on improving trade ties with each US state separately. This means different business delegates will be responsible for different states and carry out studies accordingly.
To remind, during US President Barack Obama’s visit to Turkey in April 2009, the two NATO allies had agreed to launch an initiative to boost trade and investment ties as part of what they called a “model partnership.” In December of that year, Ankara and Washington had also agreed to establish the US-Turkey Strategic Economic and Commercial Cooperation dialogue platform, aimed at realizing the same goal.
23.12.2012
BTT
