Turkey, Romania agree to increase trade volume to $10 billion

ANKARA – Anadolu Agency

Ankara and Bucharest have agreed to increase bilateral trade volume to $10 billion, Turkish President Recep Tayyip Erdoğan said on Oct. 15.

“We foresee an increase this year in our bilateral trade volume, which stood at around $6 billion in 2017. During our bilateral talks, we agreed to increase this to $10 billion,” Erdoğan said at a joint news conference with Romania’s Prime Minister Viorica Dancila at the Presidential Complex in the capital Ankara.

Erdoğan said over 15,000 Turkish firms are active in Romania in areas ranging from banking to media and from construction to manufacturing.

We will continue to support our businesspeople’s investments in Romania,” he added.

Erdoğan noted the Turkish-Romanian relations were raised to the level of strategic partnership in 2011.

He said Turkey expects from Romania to continue its cooperation against terror organizations.

“We will not forget the solidarity of Romania with our country after the July 15 [2016] FETÖ coup attempt,” the president said.