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Erdoğan headed for China with 300 businessmen Erdoğan´s first stop in China will be to Xinjiang, the autonomous province with a high population of Uyghur Turks. Later, the prime minister heads to Beijing followed by Shanghai where he will be signing three agreements on funds, nuclear energy and coal.” |
Marmara launches 15th Eurasian meet The Eurasian Economic Summit, the largest economic event in the nongovernmental arena in Turkey, will host talks between high-profile policy makers in Istanbul and in İzmir, from April 10 to 12. |
Turkey foreign trade indices down in exports, up in imports The overall export unit value index in February 2012 in Turkey decreased over the same period a year earlier by 0.9 percent while the import unit value index was up 2 percent (2003=100), the country´s statistics authority, TurkStat, said Tuesday. |
Central Bank governor hails incentive scheme The Central Bank Governor Erdem Başçı has welcomed the incentive system announced last week, which puts complementary financial policies into action over the weekend through payroll and corporate tax cuts, diversifying region by region. |
Six and a half billion dollars for Turkey’s 2023 goals The foreign trade deficit hit the brakes in February, falling to below $6 billion. Rising exports, especially in precious metals, is the key for the positive surprise. |
Bright performance in exports closes trade gap The foreign trade deficit hit the brakes in February, falling to below $6 billion. Rising exports, especially in precious metals, is the key for the positive surprise. |
Turkey to decrease petrol purchases from Iran Turkey has decided to cut petroleum purchases from Iran by a tenth. One million tons of crude oil will now be replaced by Libya. Turkey, which currently imports petroleum from 11 different countries, has decided to increase their import market. |
Turkish cleric’s article on bonds disturbs Islamic lenders Participation banks withdraw from a Treasury auction, fearing that the government’s revenue index bonds yield interest income, which is not religiously appropriate. Debate comes after an opinion by a leading consultant |
Turkey´s foreign trade deficit sees notable improvement in February Turkey´s foreign trade deficit dropped by more than one-fifth year-on-year in February, the official statistics bureau has said. According to Turkish Statistics Institute (TurkStat) figures, the gap declined by 20.4 percent from $7.46 billion in February 2011 to $5.93 billion the second month of this year. |
Turkey cuts Iran oil purchases by 20 percent Turkey´s national oil company Tupras said on Friday it had cut its purchases of oil from neighbouring Iran by 20 percent as western nations tighten sanctions against Tehran over its nuclear programme. |
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