Turkish State Minister Zafer Caglayan announced Wednesday that Turkey would form country desks for foreign trade.
Caglayan told reporters upon his arrival in Egypt where he will be attending the 13th International Business Forum that the Foreign Trade Undersecreteriat was working on a new system.
He said the new system featuring country desks and experts would be announced with a press conference on October 26.
Caglayan said the rules of global trade and competition changed and global volume of exports contracted while number of players trying to get a share from exports increased.
"We can not remain indifferent to the changes in foreign trade. Therefore we are forming country desks for foreign trade and appointing country experts," said Caglayan.
Caglayan said the special desks for 14 new target countries, 25 priority countries, and countries like China --which did not receive due attention in the past-- would be formed.
Commenting on the functioning modality of the new system Caglayan said, "China imports USD 1.5 billion of goods from Turkey while it exports USD 15.5 billion of goods to Turkey. This is because we failed to develop the necessary strategies, and portrayed China as a monster country to be feared. In the new system we will determine the goods China imports, where it imports these from and analyse why we can't export these goods, and what we need to do in order to succeed."
Caglayan told reporters upon his arrival in Egypt where he will be attending the 13th International Business Forum that the Foreign Trade Undersecreteriat was working on a new system.
He said the new system featuring country desks and experts would be announced with a press conference on October 26.
Caglayan said the rules of global trade and competition changed and global volume of exports contracted while number of players trying to get a share from exports increased.
"We can not remain indifferent to the changes in foreign trade. Therefore we are forming country desks for foreign trade and appointing country experts," said Caglayan.
Caglayan said the special desks for 14 new target countries, 25 priority countries, and countries like China --which did not receive due attention in the past-- would be formed.
Commenting on the functioning modality of the new system Caglayan said, "China imports USD 1.5 billion of goods from Turkey while it exports USD 15.5 billion of goods to Turkey. This is because we failed to develop the necessary strategies, and portrayed China as a monster country to be feared. In the new system we will determine the goods China imports, where it imports these from and analyse why we can't export these goods, and what we need to do in order to succeed."
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