Turkey's Foreign Economic Relations Board
Turkish industrial goods exports to China have rallied as Chinese factories resume production and businesses reopen after shutdown amid the coronavirus outbreak.
"After the Chinese economy reopened gradually, acceleration started in firms exporting to China," said Murat Kolbaşı, the chairman of the Asia-Pacific Business Council of Turkey's Foreign Economic Relations Board (DEİK).
Turkey will unveil measures to reduce the economic impact of the coronavirus outbreak this week, the treasury and finance minister said on March 16.
"President Recep Tayyip Erdoğan will announce steps to be taken this week," Berat Albayrak said on Twitter.
Albayrak stressed that the country prioritized being prepared for the effects of coronavirus outbreak on the economy.
Turkish and Greek business leaders on March 4 signed a memorandum of understanding to improve bilateral economic relations.
The trade pact was signed between Turkey's Foreign Economic Relations Board (DEIK) and SEVE Greek Exporters Association as part of a roundtable meeting between the countries' business world, the DEIK announced.
Turkey reduced its foreign trade gap by 45 percent and reached $29 billion from $54 billion, said the country's trade minister on Jan. 12.
Ruhsar Pekcan's remarks came at the Commercial Diplomacy Award Ceremony of Turkey's Foreign Economic Relations Board (DEIK).
"The ratio of exports to imports rose to 85.8 percent this year," she said.
Nail Olpak was appointed as the new chair of Turkey's Foreign Economic Relations Board (DEİK) on Sept. 22, after Ömer Cihad Vardan resigned from the post due to personal reasons.
Olpak is the former president of the Independent Industrialists and Businessmen Association (MÜSİAD) and he previously worked at various positions in the DEİK, including the vice chairmanship.