Bilateral economic relations have evolved in all areas, trade, investment, tourism, transportation and services, with many large Turkish companies and small and medium-sized enterprises investing directly in Romania, with around 19. 000 such companies, Turkish Minister of Trade Omer Bolat said on Friday, after the conclusion of the second session of the Joint Economic Trade Cooperation Committee (JETCO), which he chaired together with Romanian Economy Minister Stefan-Radu Oprea, inform agerpres.ro.
"As far as energy cooperation is concerned, there are many ongoing projects. There are also projects on the transportation of gas from Romania to Western Europe, with Turkish companies contracted to provide services. In the defence industry, we see great opportunities for both countries for joint production and cooperation in defence procurement for land, naval and air forces. Turkey has made a major leap in the defence industry. Turkish defence products are sold in 138 countries. We sell about 220 different defence products," said the Turkish minister of Trade.
The Turkish official appreciated Romania's support for his country within the European Union, for the modernization of the customs union. "Turkey has a customs union relationship with the European Union, where Romania is a full member, and both countries have excellent political relations, very close and warm neighborly relations in the economic field," Omer Bolat said.
According to him, Turkey appreciates the "lifting the road quotas between the two countries". "We have just started a new ferry line between Turkey's northern Black Sea coast and Constanta, which will improve and boost transport between the two countries," the Turkish minister of Trade explained.
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