Serbia seeks agriculture investments from Turkey

TUSKON President Rızanur Meral (L) and Ljajic adress reporters at Tuesday’s meeting. (Photo: Cihan)
TUSKON President Rızanur Meral (L) and Ljajic adress reporters at Tuesday’s meeting. (Photo: Cihan)


Date posted: March 5, 2013

GAMZE GÜL, İSTANBUL

Serbian Deputy Prime Minister Rasim Ljajic visited TUSKON and attended the “Turkiye Serbia Trade and Investment Forum”. He said in his speech, “Businessmen from both Turkiye and Serbia have initiated talks on increasing economic relations between the two countries many times but that companies need to achieve results to bring business ties to the desired level, especially in the agriculture sector”.

“Privatization efforts in the country pose opportunities for investors. The agriculture sector is a major one for the Serbian economy as it makes up 17 percent of the economy. In order to expand the industry, new investments are needed and we could join forces with Turkish businessmen to reach to this goal.”

Ljajic, who is also the minister of foreign and home trade and telecommunications, was speaking at a business forum in İstanbul and remarked that bilateral trade relations, which were crowned with a free trade agreement in 2009, are not at the desired level considering the rich cultural and historical ties between the countries. “We are still not there yet with a trade volume of $600 million, which makes Turkey Serbia’s 17th trading partner. We have better economic relations with Germany, Italy and Slovenia,” he commented.

Stating that 600 Italian, 400 German and over 400 Slovenian businesses are operating in Serbia, Ljajic said the 30 Turkish businesses which currently have operations in the country is not adequate and that more Turkish businesses need to be seen in Serbia. “The high number of foreign businesses from these countries is the best reference for an ideal business environment of Serbia. However, I believe the reason behind the low number of Turkish businesses in Serbia is that we were not able to introduce our potential well enough.”

In addition, he highlighted that Serbia has the largest economy in the Balkans region and that in the near future the country is determined to become a member of the European Union, which would open a huge market for Turkish investors in Serbia. Furthermore, the government provides support to investors in terms of tax deductions and extends subsidies from between 4 and 10 million euros when establishing businesses within the country particularly in the textile, machinery and agriculture industries, in addition to the automotive industry, which could benefit both sides.

Source: Today’s Zaman 5 March 2013 Tuesday


Related News

İpek Holding chairman denies reports about alleged mansion for Gülen

İpek said the dailies had reported baseless news using imaginary scenarios as though they were facts. İpek said the mansion had recently been renovated as his mother will move in

Central West Africa shows up for TUSKON event

In the event, titled the Turkey-Central West Africa Trade Bridge, which was hosted by the Association of Aegean and Mediterranean Industrialists and Businesspeople (ESİDEF), a member of TUSKON, 250 businesspeople from Niger, Nigeria, Ghana and Burkina Faso — representing 100 firms — had the opportunity to meet with 300 Turkish businesspeople from the Aegean region.

Turkish schools and businessmen mobilized for Izmir’s EXPO candidacy

The Turkish schools around the globe have been making great effort for Izmir’s EXPO 2020 win. The schools and businessmen have taken action so that Bureau of International Expositions committee opts for Turkey in the voting to take place in Paris on November 27th. “What is lost with Olympics can be made up for in EXPO,” Fethullah Gulen had earlier said.

Turkish, Russian businessmen convene at forum

More than 100 Turkish and Russian entrepreneurs attended the event, which was supported by the Russian state bank Sberbank. Among those in attendance were Tula Regional Governor Vladimir Gruzdev, Russia-Turkey Businessmen’s Association (RUTİD) President Esat Sarı and Turkish Confederation of Businessmen and Industrialists’ (TUSKON) Russia envoy Ali Tırnav.

Turkish trade’s center of gravity shifting in TUSKON bridges

Over the last six years, the Turkish Confederation of Businessmen and Industrialists (TUSKON) has introduced a new concept to trade fair organizations: World Trade Bridges. These programs have evolved over time and become internationally recognized trade events in Turkey.

TUSKON brings together businesswomen from Turkey, Russia

The Confederation of Turkish Businessmen and Industrialists (TUSKON) organized a meeting in Moscow on Thursday that brought together businesswomen from Russia and Turkey as part of its attempts to establish closer economic ties between the two countries. The businesswomen held talks to seek out business opportunities during the program.

Latest News

ECtHR rules Bulgaria violated rights of Turkish journalist who was deported despite seeking asylum

Fethullah Gülen’s Message of Condolences in the Wake of the Western European Floods

Pregnant woman kept in prison for 4 months over Gülen links despite regulations

Normalization of Abduction, Torture, and Death in Erdogan’s Turkey

Turkey’s Maarif Foundation illegally seized German-run school in Ethiopia, says manager

Failed 2016 coup was gov’t plot to purge Gülenists from state bodies, journalist claims

Grondahl: Turkish community strong in wake of threats from back home

Turkish-Kyrgyz educator’s abduction shows Ankara’s ruthless disregard for law: HRW

Kenya: Investigate Deportation of Turkish National

In Case You Missed It

Parents seek TL 40,000 in damages for violation of students’ educational rights

Something rotten within the government?

Turks Fleeing To Greece Find Mostly Warm Welcome, Despite History

Secret police intervention following suspicion of Turkish murder-plot in Denmark

Fethullah Gülen’s vision – Building bridges in Los Angeles

Turkish charity dedicates well in Africa to brutally killed Özgecan Aslan

Rebecca Harms: Working in Gülen-linked educational institutions not a crime

Copyright 2021 Hizmet News