Turkey to set up trade centers abroad

LONDON - Anadolu Agency

As part of Turkey’s centennial exports vision, Turkish trade centers will be established in prominent cities around the world in the near future, Deputy Economy Minister Adnan Yıldırım said on March 18.

Speaking at the Trademark Summit held at the European Turkish Trademarks Association in London, Yıldırım said his ministry has begun to work towards the establishment of trade centers in many of the most prominent cities around the world.

“Turkish trade centers are very important. Maybe we will set up the first such institution in London. The legislation has already been passed,” he said.

“You will see these centers in major cities around the world, starting with cities such as London, Frankfurt, New York and Paris.”

 Turkish exports volume, including suitcase trade and exports from free trade zones, hit the $172 billion mark as of 2014, Yıldırım added.

The exports, however, decreased to $10.4 billion in February, a 13 percent drop from the same month of the previous year.