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Tag: white house

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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. 

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Erdogan back at the White House

By: Bulent Aliriza / CSIS On May 16 Turkish Prime Minister Recep Tayyip Erdogan meets President Barack Obama on his first visit to the White House since December 2009. Obama has reserved much of his schedule for the day to his visitor, who has won three successive elections, recently celebrated a decade as prime minister and is brimming with self-confidence. The Turkish leader will receive a very warm welcome from his host that will serve to confirm Erdogan’s view of his country’s enhanced stature in the international community. At the same time, the encounter will provide an opportunity for the two leaders to once again display their much-publicized mutual affinity. However, there are divergences, particularly on the Syrian crisis, that they will attempt to resolve or minimize behind the scenes. To read the complete text, click here.