Turkey Targets $100 Billion Trade Goal with US, Deepening Tech Cooperation
1 report, 1 independent
Updated Wed 00:00
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What happened
Industry and Technology Minister Mehmet Fatih Kacır stated that Turkey plans to deepen cooperation with the United States in strategic sectors, including artificial intelligence and data centers. Kacır noted that dialogue between President Recep Tayyip Erdoğan and U.S. President Donald Trump has opened these opportunities. He added that bilateral trade between the two countries has doubled over the past decade.
Why it matters
The announcements outline Turkey's strategic goals to reach a $100 billion trade target. The country also aims to become one of the world's top 10 defense exporters in 2027, with domestic systems already meeting over 80 percent of the country’s defense needs.
Who's involved
- Recep Tayyip ErdoğanPresident of Turkey and central figure in bilateral talks with the United States.
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The entities involved
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Recep Tayyip Erdoğan
President of Turkey since 2014
Related events
- Recep Tayyip Erdoğan called for deeper economic cooperation between parties.
- Türkiye and Sanae Takaichi met to enhance bilateral relations in defense, investments, and trade.
- Recep Tayyip Erdoğan and Bassirou Diomaye Faye discussed bilateral cooperation during closed-door talks.
- Türkiye is leading national economic revitalization through infrastructure projects.
- Turkey seeks further cooperation with the U.S.