Trade between Turkey and Poland increases tenfold

Thursday, March 06, 2014

President Gul praises 'win-win' trade relationship

President Gul praises 'win-win' trade relationship

ISTANBUL - Turkey's President Abdullah Gul said on Thursday that the trade between Turkey and Poland has reached $5.2 billion, a tenfold increase over the last decade.

Speaking in Istanbul at the closing session of a series of events to mark the 600th anniversary of the founding of Polish-Turkish diplomatic relations, Gul stated that world trade had increased threefold but that trade between Turkey and Poland had improved far more than this.

Remarking that Turkey had increased its exports by 8.5 percent: "We have a win-win trade relationship with Poland and we can double this trade certainly in the next 10 years. The two countries have a strong macroeconomic equilibrium for that."

Poland's President Komorowski, lauded the two countries’ visa exemption scheme and stated that Poland seeks to attract foreign capital, adding: "I think there is potential in Turkey. We can be more effective and stronger together in the third world."

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