Turkish Foreign Trade Minister Says Exports To Exceed $112 Bln This Year

Turkish foreign trade minister said on Sunday that Turkish exports would exceed 112 billion U.S. dollars this year.

State Minister for foreign trade Zafer Caglayan delivered a speech at a parliamentary session on 2011 budget of Foreign Trade Undersecretariat.

Caglayan said that Turkey weathered global crisis successfully and the Turkish banking sector was not affected by crisis.

“In 2008, exports were 132 billion U.S. dollars and it was a great achievement. The figure dropped to 102.2 billion U.S. dollars in 2009,” he said.

Caglayan said that the country’s exports would exceed 112 billion U.S. dollar in 2010.

Turkey would reach 500 billion U.S. dollars of exports in 2023, he added.

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