Turkey's Foreign Economic Relations Board

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 and Azerbaijan on Feb. 25 are set to sign a preferential trade agreement towards reaching a $15 billion trade volume target.

Turkey and Lithuania are looking to double the bilateral trade volume from its current level, Turkey's trade minister said on Jan. 31. 

"Our trade volume with Lithuania is around $562 million, which is very low. We aim to increase it to $1 billion as a first stage," Ruhsar Pekcan said.

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.  

An updated Customs Union agreement between Turkey and the EU would benefit both sides, Turkish Economy Minister Nihat Zeybekci said on April 25.        

The White House said on March 10 that U.S. President Donald Trump did not know until this week that his former national security adviser, Michael Flynn, had been lobbying for Turkey's interest.

Turkey and Tanzania have signed nine agreements in defense, economic development, and health during a visit by Turkish President Recep Tayyip Erdoğan to the East African country, according to Anadolu Agency.

Erdoğan, accompanied by several Turkish officials and trade representatives, met his Tanzanian counterpart, John Magufuli, at the country's Presidential Palace.        

Turkish President Recep Tayyip Erdoğan said on Dec. 24 that Turkey will never allow the formation of a new state in northern Syria.

"We will never allow the founding of this kind of state," despite efforts to do so, Erdoğan told Turkey's Foreign Economic Relations Board (DEİK) in Istanbul.

Turkey will seek an investment of over $1 billion from U.S. companies during President Recep Tayyip Erdo?an's official trip next week, the head of Turkey's Foreign Economic Relations Board (DE?K) said on March 26.