Trade Minister Ömer Bolat, US Trade Representative J. Greer, the US-Turkey Joint Trade Working Plan to mutually address the perspectives of the two-country perspectives of the letter to address the letter, the US meeting with the United States to coordinate preparations for the new period was held.
Deputy Minister Mustafa Tuzcu chaired the meeting, the US announced the new period of trade policy to be carried out in the process of the work to be carried out, together with the relevant institutions were discussed. In addition to developing the US-Türkiye commercial relations according to the conditions of the new era, the study group will also determine policies and strategies against the possible effects of protectionism tendencies foreseen to increase in global trade. The study group, which aims to take the necessary steps in close dialogue and coordination with the US in the coming period, will focus on the efforts of strengthening the US-Türkiye commercial relations in accordance with the conditions of the new era. It is also stated that the study group also aims to determine plans, policies and strategies against the possible effects of protectionism trends envisaged to increase in global trade.
Action Plan will be updated
According to the statement made by the Ministry, the decision to update the action plan to increase the trade volume to the target of 100 billion dollars in partnership with the US. “The Ministry of Commerce, after the new administration in the United States came to work, the front-buyer proactive initiatives, the US Department of Commerce and the US Trade Representative (USTR) in contact with, and in these contacts, the roadmap for the development of Turkey-US trade relations was mutually demonstrated. In the new period, data analysis of the sectors in the new period, the data analysis of the United States in the new period of the US market, the market research, the US market. With the important procurement chains of the USA, URGE, which brings together the market scale of the United States, is prepared for the support of the province and the support of the state. will be developed. With the action plan, new instruments are planned to be included in the US distribution channels, while the fairs organized in the USA are aimed to be included in prestigious fairs, “he said.
Minister Bolat goes to the USA
Trade Minister Ömer Bolat, Turkey-US Trade and Investment Council (TIFA) will go to Washington in May to attend the 12th semester meeting, “the visit to the benefit of both parties to the benefit of both sides of the United States and the development of new areas of cooperation. (TIFA) The Turkish Commercial Minister H. Lutnıck and the US Trade Representative (Ustr) were included in the Turkish delegation.
‘Increasing commercial relations is important’
Turkey, which ranks 2nd among the countries where Türkiye is exported the most, pointed out that the volume of trade with the USA was realized as 32.6 billion dollars in 2024, “However, in the new environment, which has emerged and becomes more difficult to foresee, to increase the commercial relations between our country and the United States to the benefit of both sides to the benefit of both sides, to be taken into consideration. We will continue our efforts to strengthen our trade and investment relations in line with the strong dialogue and close cooperation with the US President of the President Recep Tayyip Erdoğan, US President Mr. Donald Trump and to improve our trade and investment relations in favor of both countries.
