The recent visit by a Turkish business delegation to Morocco has seen companies secure textile deals worth $30 million, the Turkish Confederation of Businessmen and Industrialists (TUSKON) has announced.TUSKON brought 44 members from the textile sector to meet 310 of their Moroccan counterparts at the Turkey-Morocco Textile Business Forum over the weekend.
The forum was held by the jointly run Turkish-Moroccan Businessmen Association (TÜFİAD). In around 2,000 separate business meetings at the conference, companies inked investment and trade deals worth $30 million. Evaluating Turkey-Morocco trade relations, İstanbul Young Businessmen Union (İGED) Vice President Murat Gültekin said Morocco could open the door for Turkey to African markets.
Gültekin said they were encouraged by the interest shown by Moroccan entrepreneurs in Turkish textiles and ready-to-wear products. While mutual trade between Turkey and Morocco currently stands at $1.3 billion, TÜFİAD Secretary-General Gökmen Ertaş said both sides expect this figure to grow to $3 billion. He said Turkish textiles compete with the relatively cheaper Chinese-made products in Morocco, but that the group is working to boost the popularity of quality Turkish goods in the market.
Unaffected by tension, TUSKON promotes Turkish economy
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has had its share of these provocative media reports. Regarding the recent media reports criticizing TUSKON’s lobbying efforts for Turkish firms abroad, TUSKON President Rıza Nur Meral told Sunday’s Zaman that allegations against TUSKON “do not make sense” and that the confederation has always supported Turkish businessmen who want to branch out into global markets. “We will continue our support [for Turkish entrepreneurs],” Meral added.
Beninese president: African relations imperative for Turkish power
Since Turkey kicked off a strategic initiative to improve its commercial relations with Africa in 2003, this extra attention has resulted in an increased trade volume with the continent. Beninese President Thomas Yayi Boni said Africa also sees Turkey from a strategic perspective, noting that Turkey is one of Benin’s high-priority partners.
Police pressure businessmen who sued Erdoğan over Hizmet remarks
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17th TUSKON trade summit sees 25,000 B2B meetings
The 17th edition of the Turkey-World Trade Bridge summit, organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON), saw 1,160 foreign and 1,000 Turkish businesspeople discuss partnerships in an estimated 25,000 separate meetings on Thursday. The first day of meetings at the event brought businesspeople from a number of sectors, including textile and machinery, […]
False reports on Bank Asya breach laws
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