New Targets Announced for Trade Volume Between Turkey and the US
Trade Minister Ömer Bolat announced that the bilateral trade volume is targeted to reach $43 billion by the end of 2026 and $50 billion by the end of 2028.
Trade Minister Ömer Bolat, during his visit to New York for the 81st UN General Assembly, met with Turkish and American business people and announced the foreign trade and investment targets between the two countries.
Contacts and Meetings in New York
Trade Minister Ömer Bolat visited New York within the scope of the 81st UN General Assembly and held various meetings with Turkish and American business people.
Trade Targets for 2026 and 2028
Minister Bolat stated that the trade volume between Turkey and the US is expected to reach the level of $42-43 billion by the end of 2026, and $50 billion by the end of 2028.
Mutual Investments and Company Operations
It was stated that approximately 2,300 US-capitalized companies operate in Turkey with a capital stock of $16.5 billion, and Turkish investors' investments in the US are at the level of $14.5 billion.
Long-Term $100 Billion Vision
It was conveyed that the long-term trade volume target of $100 billion previously set by President Recep Tayyip Erdoğan and US President Donald Trump is maintained, and efforts continue in this direction.