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Turkey, S Korea plan to initiate FTA soon

World Bulletin | Tuesday, 02 December 2008

Turkey, S Korea plan to initiate FTA soon

Turkish Prime Minister Recep Tayyip Erdogan and the guest prime minister held a joint press conference after their meeting in Ankara.

Expressing pleasure over the development Turkish economy recorded, Han said that during the meeting they discussed the cooperation opportunities between the two countries.

Noting that they also discussed Korean companies’ increasing their investments in Turkey, Han said that they decided to develop projects on cooperation in construction, transportation and defense industry sectors.

Han said that they also decided to initiate Free Trade Agreement between the two countries soon.

Erdogan also hosted a banquet in honor of Seung-Soo in capital Ankara.

Turkish State Minister and Deputy Premier Hayati Yazici, State Minister Kursad Tuzmen, deputy chairperson of Justice and Development (AK) Party Egemen Bagis and a South Korean delegation attended the dinner at the Prime Ministry residence.

Prime Minister Han Seung-Soo of South Korea arrived in Turkey on an official visit on Monday.

The guest prime minister first held talks with Erdogan within the framework of his visit.

South Korean premier was later received by Turkish President Abdullah Gul.


 source: World Bulletin