Turkey Increasing Exports to China
Source: Journal of Turkish Weekly, Turkey Date: 2007-04-04
Turkish State Minister for Foreign Trade, Kursad Tuzmen, noted that Turkey has signed $1.5 billion of contracts for short and medium-term exports during a meeting with the purchasing delegation from China.
Tuzmen told a reporter from the Anatolia news agency that the visit of the Chinese 35-member delegation, including high level authorities of state purchasing agencies, between March 29 and 30, was very successful. He said that Turkish firms had signed contracts on steel-iron, chrome, zinc, borax, marble, wool and textile products, worth $300 million, for a one-year period.
Tuzmen added that besides short term agreements, Eti Krom A.Ş. -- Turkey’s largest chrome producer -- had signed a long-term contract for exporting chrome and ferro-chrome, worth $1.2 billion.