Treasury Minister Şimşek Announces New Steps in Turkey-China Cooperation
The Minister of Treasury and Finance, Mehmet Şimşek, made significant statements regarding the economic cooperation between Turkey and China via social media. Minister Şimşek announced that he met with Chinese Vice Premier Zhang Guoqing in Beijing as part of the Turkey-China Intergovernmental Cooperation Committee meeting. This meeting is seen as an important step towards strengthening the strategic partnership between the two countries.
During the discussions, decisions on increasing investments and financing infrastructure projects were highlighted. Additionally, it was noted that various agreements would be signed to strengthen cooperation in the fields of energy, tourism, civil aviation, and agriculture. These measures are expected to significantly contribute to deepening economic ties between the two countries.
Joint Working Group for the Middle Corridor and Belt and Road Initiative Another important development from the meeting was the decision to hold the first meeting of a Joint Working Group for the alignment of the Middle Corridor with the Belt and Road Initiative. This is seen as a critical step to ensure the coordinated progress of infrastructure projects, which are of great importance to both countries.
The Joint Working Group is planned to take on significant roles in implementing projects quickly and effectively. To ensure smooth operations, China and Turkey will continue on their paths by establishing joint strategies.
Aiming for a more balanced trade with China Another noteworthy aspect of Minister Şimşek's statements was the target of establishing a more balanced trade structure between the two countries. The steps to be taken for enhancing economic relations with China, Turkey's largest trading partner in Asia, are of great significance for the Turkish economy.
In his statement, Minister Şimşek emphasized the importance of achieving a balanced structure in trade, indicating that they would work closely with China towards this goal. In this context, expanding and diversifying commercial relations is aimed.