Page 102 - LIFT VISION 39 IÇ SAYFA

2024 REVIEWS

MINISTER BOLAT:
GLOBAL DEMAND

WILL ACCELERATE IN
2024, OUR EXPORTS

WILL INCREASE

Trade Minister Prof. Dr. Ömer Bolat
said that global demand will start to
increase from mid-2024 and this will
have a positive impact on Turkey’s
exports.

Trade Minister Prof. Dr. Ömer Bo-
lat said Turkey is doing quite well in
exports of goods and services, noting
that global demand will accelerate in
mid-2024.

Stating that the strong dollar negati-
vely affects foreign trade due to the
dollar weight in imports, Bolat said
that the Euro/dollar parity at 1.10 is
a good level for Turkey’s trade. Sta- we see that there is a desire from the targets and strategies set during the the private sector and with the estab-
ting that the contraction in Europe has EU side to improve economic and tra- period of his predecessor ministers lishment of a joint company, we will
stopped demand to a great extent, Bo- de relations with Turkey. They stated in exports, Minister Bolat said that activate the platform and be a guide.
lat said, “But we are hopeful. Econo- that they have started to work on faci- they are continuing to work towards We have also included e-Turquality in
mies never go bad all the time. There litating the visa problem. They made distant countries, Africa and Islamic the supports.”
is a horizontal course, then it changes recommendations for problematic countries. Stating that the United Arab
direction. I think global demand will countries on transportation limits. We Emirates agreement has entered into We are pursuing our right to visa
accelerate in mid-2024, which will see the will to soften relations with force within the scope of the recent exemption to the end
have a positive impact on exports.” Turkey. If the justified reaction of the free trade agreements with Islamic Minister Bolat stated that developed
Islamic world to what happened in countries, Bolat emphasized that the countries prevent developing count-
I do not expect full membership ne- Gaza and their callous double-stan- FTA with Qatar will be put into effect ries from grabbing a share of the mar-
gotiations to start in the near term dard policies do not lead to new po- if the Parliament approves it by the ket with customs barriers or technical
Explaining that Turkey’s process with litical tensions, relations with the EU end of the year, and that Saudi Ara- barriers, and that visas come into play
the European Union has been over 60 have started to work on the political bia intends to make an FTA. Minister when they cannot, and continued as
years and that many promises were and economic level. But we want the Bolat noted that they also have plans follows: “There is another reality. In
made and agreements were made du- problems of the Customs Union to be with Far Eastern countries, but that the Western world, after the fall of
ring this process, Minister Bolat said solved. We want the service sector to they are cautious. Noting that they communism in 1990, Islamophobia
that the EU side has not fulfilled any be paved the way. I don’t expect that have taken very important steps to was spread by politicians and media
of its promises. Bolat said the fol- full membership negotiations will be increase e-exports and that they aim to under the name of fighting fundamen-
lowing: “If there was political will in accelerated or start in the near term. increase its share in total exports to 10 talism. Visa barriers are mostly impo-
the EU, these things would have been The Swedish protocol will make a percent by the end of 2028, Minister sed on citizens of Islamic countries. If
achieved. There is a very balanced positive contribution, but we will see Bolat said, “We will hold the Turkey the EU is a rule of law, as it claims to
structure in EU-Turkey trade and we how much.” e-export Summit on November 8. The be, and within the framework of in-
are their 7th foreign trade partner. We summit is organized by the Ministry ternational rules, we should have been
are not a country that can be ignored. Intention to sign FTA with Saudi of Trade. We have also prepared Tur- granted visa liberalization on Decem-
We explained all this in our meeting Arabia key e-export platform. We are in talks ber 1, 1986. In 2016, the Migration
in Brussels. After the recent elections, Stating that they are following the with two umbrella organizations of and Visa Protocol was signed, and if

102 LIFTVISION
4th QUARTER 2023