Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 18/11/2019 10:32 
11.10.2018 14:28 News >> Turkey, Africa Agree On Enhancing Lasting Partnership

Turkey, Africa Agree On Enhancing Lasting Partnership

Parties sign joint declaration during second edition of Turkey Africa Economic and Business Forum.

Turkey and African countries on Thursday signed a joint declaration with a view of enhancing lasting partnership between parties for development and economic integration.

According to the declaration, Turkey-Africa Economy and Business Forum emphasized diversified Turkey-Africa partnership.

The two-day forum, which started on Wednesday in Istanbul, brought together 3,000 African and Turkish businesspeople.

The forum was organized by Turkey's Trade Ministry and the African Union in coordination with Turkey's Foreign Economic Relations Board (DEIK).

Turkish side showed its willingness to further strengthen the economic and commercial ties with African countries, the declaration said.

The next forum will be held in 2020, it added.

The declaration recommended to launch a joint action plan to examine possibilities of removing tariffs and obstacles to trade while protecting "sensitive sectors" of African countries.

Private sector's activities in both sides should be supported in order to foster mutual investment and trade in each other's countries, it said.

Turkey and African Union decided to form a partnership in design, inspection, financing and management of projects to reduce energy costs and increase access to electricity, drop transport costs, boost intra-African trade, ensure water and food security and increase global connectivity.

It added that participating countries will take necessary measures to encourage Turkish and African enterprises as well as financial institutions to expand investment and participate in infrastructure projects through various means, such as Public-Private Partnership and Build-Operate-Transfer.

Mutual investments to build more diversified economies both in Turkey and in Africa will be encouraged, it said.

The declaration noted that private sector's investments in areas such as agriculture, electricity production, transmission and delivery facilities, aviation, maritime, education and health were prioritized for development of small and medium size enterprises.

The declaration called on Turkish and African financial institutions to enhance their cooperation, including opening more branches in their respective countries. -



        Latest News
Air Pollution Could Bring 'Killer Fog' To Large Cities -22 minutes ago...
'Great Smog of London’ which killed up to 12,000 people, could be fate of other large cities if no measures taken.
Turkey Corners Terrorists With Advanced Drones: Expert -7 minutes ago...
Number of terrorists drops under 500 after armed unmanned aerial vehicle comes into use, says security expert.
Ethiopian Coffee Attracts Visitors At Ankara Expo -7 minutes ago...
Turks and international visitors eager to taste Ethiopian coffee at tourism and travel expo in Turkey's capital.
Tunisia's New President Has A Big Job In First 100 Days -7 minutes ago...
Saied faces both domestic and regional challenges in his first 100 days in power.
Diary 8 minutes ago...
Here are the main topics Anadolu Agency’s English Desk plans to cover on Monday, Nov. 18, 2019.

 
      Top News
Air Pollution Could Bring 'Killer Fog' To Large Cities Air Pollution Could Bring 'Killer Fog' To Large Cities
Trump Defends Biden From Scathing North Korean Critique Trump Defends Biden From Scathing North Korean Critique
Red Bull Driver Verstappen Wins Brazilian Grand Prix Red Bull Driver Verstappen Wins Brazilian Grand Prix
Turkey Slams Burning Of TRNC Flag In Greek Cypriot Side Turkey Slams Burning Of TRNC Flag In Greek Cypriot Side
Syria Hospital Ready To Serve After Turkey's Repair Syria Hospital Ready To Serve After Turkey's Repair
Iran's Supreme Leader Backs Fuel Price Hikes Iran's Supreme Leader Backs Fuel Price Hikes
Malaysia Condemns Israeli Attacks In Gaza Strip Malaysia Condemns Israeli Attacks In Gaza Strip
Germany Arrests Daesh/ISIS Suspect Deported From Turkey Germany Arrests Daesh/ISIS Suspect Deported From Turkey
Bomb Attack Kills 10 In Northern Syria Bomb Attack Kills 10 In Northern Syria
What Made India Overthrow Support Base In Kashmir? What Made India Overthrow Support Base In Kashmir?