SME Times News Bureau | 18 Dec, 2018
Minister of Commerce & Industry Suresh Prabhu on Tuesday said India will address
all bilateral trade related concerns with Turkey.
meeting with his counterpart from Turkey Rushar Pekcan, in New Delhi, Prabhu
said India will address all the concerns of Turkey, from agri products, banking
issues, trade deficit and greater investments.
the bilateral meeting, Prabhu said that he will lead a high level business delegation
to Turkey in February next year and will work with his Turkish counterparts to
make sure that all the issues being raised in the bilateral meeting by the
Turkish side are addressed.
Commerce Minister said that India is excited to have a Comprehensive Trade
Agreement with Turkey as early as possible.
Draft Joint Study Group(JSG) report, discussed by both countries in August
2018, needs to be finalized soon so that negotiations may begin.
has submitted its chapter to JSG and Suresh Prabhu requested Turkey to make
their submission as early as possible.
Commerce Minister also informed the Turkish Minister that the proposal received
from Turkey to deal in local currency is under consideration of the Finance Ministry
informed the Turkish side that the Indian aviation sector is growing at 20%,
which is the fastest growth seen in the aviation sector in the world.
new airports will be constructed in the next ten years with an investment of
65-billion-dollar, he said, requesting the world class Turkish construction
companies to participate in the business of the growing aviation sector in
Commerce Minister also addressed India – Turkey business forum in New Delhi
where he said that India is committed to make bilateral trade balanced and
sustainable for both countries.