Deik
Turkish, German companies join forces abroad
Turkish and German companies are working on several joint ventures on other continents, the head of the Foreign Economic Relations Board of Turkey (DEIK) said Feb. 18.
At an event in the industrial hub of Bursa, Nail Olpak spoke about Turkey and Germany's collaboration agreement and said the two were focused on business opportunities in third countries in Africa and the Middle East.
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Foreign trade gap narrows 45 pct
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.
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