U.S-Turkey relations, in a special moment, says U.S. Assistant Secretary of State
Assistant Secretary Fernandez traveled to Ankara from May 22-24, leading a U.S. delegation to the 10th U.S.–Turkey Economic Partnership Commission (EPC) meeting. The EPC serves to advance the United States strong and growing economic partnership with Turkey on entrepreneurship, innovation, intellectual property rights, trade, and investment. Below are excerpts from the Anadolu Agency report. Ambassador Mehmet Tugrul Gucuk, Deputy Undersecretary for Economic Affairs of the Ministry of Turkish Foreign Affairs and the United States Assistant Secretary of State for Economic and Business Affairs Jose W. Fernandez held a press conference on Thursday after the tenth Turkey-U.S. Economic Partnership Commission (EPC) meeting. Amb. Gucuk said “we discussed a wide range of issues related to energy, trade, investment, infrastructure, sectoral cooperation opportunities for cooperation with third countries and have shown our commitment to increase the trade volume between Turkey and United States.” “We decided to meet twice in a year and this autumn, we decided to meet again” Gucuk added.
White House Fact Sheet: U.S.-Turkey Partnership
The White House released the “U.S.-Turkey Partnership” fact sheet on May 16 with Prime Minister Erdogan’s Washington visit. Below you can find the full text (see also “U.S.-Turkey Economic Partnership“). Fact Sheet: U.S.-Turkey Partnership The United States and Turkey share a strong partnership and friendship, rooted in common values and strategic interests, and reinforced by the enduring links between the people of both countries. The United States is firmly committed to broadening and deepening this partnership, and together we have taken great strides in recent years. A shared vision for how to advance bilateral, regional, and global issues continues to drive the United States and Turkey ever closer. The vital people-to-people connections that thrive across an extensive range of sectors and topics ensure this relationship continues to modernize and advance. Following are key areas of this important partnership.
White House Fact Sheets: U.S.-Turkey Economic Partnership
The White House released the “U.S.-Turkey Economic Partnership” fact sheet on May 16 with Prime Minister Erdogan’s Washington visit. Below you can find the full text (see also”U.S.-Turkey Partnership“): Fact Sheet: U.S.-Turkey Economic Partnership In April 2009, President Obama and Turkish Prime Minister Erdogan agreed to elevate U.S.-Turkish bilateral economic relations to a strategic level commensurate with our historically close political-military ties. In the last four years, U.S.-Turkish commercial relations have touched new highs; bilateral trade reached record levels of nearly $20 billion in 2011, with U.S. FDI in Turkey of over $5 billion and Turkish FDI in the United States of nearly $1 billion.