Turkey targets USD 6 billion trade with India by 2010

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Bangalore, Nov 24 (UNI) Prime Minister of Turkey Recep Tayyip Erdogan today said his government has targeted to achieve USD Six billion trade with India by 2010.

''During my visit I held talks with Prime Minister Dr Manmohan Singh in this regard. I am confident of achieving the target," he added.

Delivering his key note address at a Business Luncheon meeting organised by FICCI here, he said trade between the two countries which was one Billion US dollars in 2004 has increased to USD three billion last year and the new target can be achieved.

Stating that it was eight years back that a Turkey Prime Minister visited India, Mr Erdogan said ''I am sure that this visit would be a stepping stone in improving the bilateral trade and relationship between the two countries.'' He said Turkey and India were very close and had commonality in many respect and it was determined to take up more development benefitting both the countries through joint ventures.

''Indian companies are very active in some fields including IT, Pharmaceutical and textiles. Turkey can invest in India in infrastructure sector and other identified sectors,'' he added.

He said already 60 Indian companies have invested in Turkey and the number would soon increase.


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