Erdoğan says U.S.-Turkey ‘turbulent period’ will be surmounted, Pekcan tells U.S. ‘It’s time to invest in Turkey’

Erdoğan says U.S.-Turkey ‘turbulent period’ will be surmounted, Pekcan tells U.S. ‘It’s time to invest in Turkey’

Recep Tayyip Erdoğan, the President of Turkey during his address at the Ninth Turkey Investment Conference held by the Turkey-U.S. Business Council (TAIK) in New York, spoke of the ongoing sharp ties between Ankara and Washington, specifically saying that, “Our strategic partnership, which has gone through difficulties so many times, will overcome this turbulent period”.

Also during his address late on Wednesday evening, the Turkish leader noted according to Anadolu state-run news agency that “disagreements with the administration of U.S. President Donald Trump on issues such as the Fetullah Terrorist Organization (FETO), the fight against terrorism, Jerusalem, Syria and sanctions ‘test Turkish-American relations’. Referring to this delicate matter, Erdoğan was more restrained, adding “he believes that Turkey and the U.S. need to come a long way in their relations, especially with regards to the FETO and PYD/PKK terrorist organizations.”

Meanwhile, Ruhsar Pekcan, the country’s Trade minister, has invited the American business community to invest in Turkey.

“Our trade volume with the U.S. has doubled in the last 10 years to reach over $ 20 billion, but there are still plenty of opportunities to move that figure up (…) I want to see more U.S. companies and [their] investments in Turkey. Now is the time to come and invest in Turkey”, Ruhsar Pekcan said at the Ninth Turkey Investment Conference held by the Turkey-U.S. Business Council (TAIK) in New York.

Recep Tayyip Erdoğan also noted that bilateral trade volume between his country and the U.S. is doing well, expressing optimism also for its future.

“As of today, Turkish firms’ investments in the U.S. exceed $4.6 billion.”

Talking on a global scale, he said “We will continue to make the necessary legal arrangements for attracting more direct investments and for international investors to invest safely in our country”, and underlined that trade wars neither favour anyone nor do they give prominence to (any kind of) winners…. / IBNA

Main Photo: Recep Tayyip Erdoğan speaks at the Ninth Turkey Investment Conference held by the Turkey-U.S. Business Council (TAIK) in New York, September 2018