President Erdoğan Made Statements After the Cabinet Meeting

In his statement after the Cabinet Meeting, President Recep Tayyip Erdoğan shared export and tourism data, and evaluated the energy production targets and the process regarding the fund investigation.

President Recep Tayyip Erdoğan shared current developments in the fields of economy, energy, tourism, and foreign relations during a press conference held after the Cabinet Meeting. Stating that exports in October increased by 8.1 percent compared to the same period of the previous year, reaching 25.9 billion dollars, Erdoğan announced that exports in the January-October period rose by 5.5 percent to 236.8 billion dollars. Noting that defense and aerospace exports increased by 61 percent in October to 1 billion 140 million dollars, Erdoğan reported that medium-high and high-tech product exports reached 118.6 billion dollars.

Conveying that 49 million 132 thousand visitors were hosted in the tourism sector during the January-September 2026 period, Erdoğan stated that tourism revenues increased by 2.4 percent to 51 billion 278 million dollars. Stating that natural gas production in the Black Sea will be doubled with the commissioning of the Osman Gazi floating platform, meeting the needs of 8 million households, Erdoğan said that daily oil production in Şırnak Gabar reached 84 thousand barrels, and that the daily production target is to exceed 100 thousand barrels in the second half of 2027.

Reminding that five new documents were signed in the fields of energy, investment, and mining within the scope of his visit to South Korea, Erdoğan announced that he will proceed to Antalya for the COP31 Summit, which will be attended by over a hundred heads of state and government. Also touching upon the fund investigation, Erdoğan emphasized that the process is being followed with determination and that not the slightest concession will be made.