Turkish Minister says willing to boost trade ties with Brazil

Turkish Industry & Trade Minister Nihat Ergun said on Friday that Turkey was willing to boost commercial and industrial relations with Brazil.

Ergun, currently in southeastern Brazilian city of Sao Paulo to attend a series of meetings, said both countries accelerated efforts to organize reciprocal visits, ensure circulation of goods and establish partnerships.

Referring to the high potential of the two countries, Ergun said, "Turkey is located in a region in the middle of Europe, Asia and Africa. It is an important center from where you can reach markets of more than 50 countries with a 3-hour flight. Brazil is also like Turkey. Development levels of Turkey and Brazil are alike."

Ergun said actual 1.7 billion USD trade volume between Turkey and Brazil should be boosted, "trade volume should be increased to 10 billion USD soon," he added.

Ergun will meet with Brazil's Minister of Development, Industry & Trade Miguel Joao Jorge Filho on January 22.

Within the framework of the gathering, the two officials are expected to sign a memorandum of understanding on encouragement of commercial relations and investments between Turkey and Brazil.

Ergun is scheduled to return to Turkey on January 25.

/World Bulletin/