Tuesday, August 11, 2026
  • English
  • Marathi
No Result
View All Result
Daily PRABHAT
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science
Daily PRABHAT
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
Home International

India, Turkey commercial ties rising, bilateral trade exceeds USD 10 billion

by
4 years ago
in International
A A
India, Turkey commercial ties rising, bilateral trade exceeds USD 10 billion
Share on FacebookShare on Twitter

Ankara [Turkey], June 11 (ANI): India and Turkey on Friday held a comprehensive review of bilateral relations and noted that commercial ties were on an upward trajectory with bilateral trade exceeding USD 10 billion in 2021-2022.

The Eleventh Session of India-Turkey Foreign Office Consultations (FOCs) was held in Ankara where both the countries agreed to hold the next round of the consultations in the former country on mutually convenient dates next year.

Minister of External Affairs Secretary (West), Sanjay Verma, led the Indian delegation for the FOC. During the consultations, both the countries exchanged their views on bilateral, multilateral and global issues including Ukraine and the Indo-Pacific.

“Both sides have also appreciated the commercial ties, which were on an upward trajectory with bilateral trade exceeding USD 10 billion in 2021-2022,” the MEA statement added.

According to the release, “Indian companies are present in Turkey’s automobile, pharma and IT sectors. While Turkey’s companies were seeing opportunities in India’s infrastructure and engineering sectors. Both sides agreed to further economic, cultural and people-to-people relations.”

They also agreed to commemorate 75 years of bilateral diplomatic relations in a befitting manner. The two sides had also reviewed the situation in their respective regions and also exchanged views on several multilateral issues.

The last round of consultations was held on 8 May 2019 in New Delhi. During the visit, Turkey’s Deputy Foreign Minister Sedat Onal had a meeting with Gitesh A Sarma, Secretary (West), in New Delhi on May 8, 2019, under the institutional mechanism of Foreign Office Consultations.

The 4th meeting of the Joint Working Group on Counter-terrorism was held in Ankara on July 4, 2019. A new bilateral mechanism “India-Turkey Policy Planning Dialogue” was institutionalized between the two Foreign Ministries with the first round held virtually on October 22, 2020.

India and Turkey enjoy close, friendly and deep-rooted ties dating back several centuries and share civilizational links. The recent political exchanges have imparted fresh momentum to our bilateral ties and opened several new avenues for cooperation. (ANI)

ShareTweetSendShareSend

Latest News

KTR alleges massive scam in PM Ekta Mall tenders, demands cancellation, probe in letter to FM Sitharaman

Union Minister Sanjay Seth slams Jharkhand govt over use of force on student protesters, questions use of blade-wired barricades

YSRCP targets Chandrababu Naidu govt over alleged failures

“Will face batons”: JPSC-JSSC aspirants remain defiant after 3rd lathi charge outside Jharkhand Assembly

“New taxation bill brought under pressure from Trump, FM Sitharaman misleading public on UPI charges”: AAP MP Sanjay Singh

“Rahul Gandhi keeps shifting goalposts”: Nadda accuses Congress of disrupting Parliament from 15 days

“Govt will provide maximum possible assistance”: Keralam CM Satheesan visits missing fisherman’s family in Kollam

“Order CBI probe”: Babulal Marandi backs Jharkhand students amid JPSC-JSSC protest

CM Dhami orders relief operations as Bailey Bridge washed away in Uttarakhand’s Chamoli; SDRF-NDRF teams deployed

“Will be of no use”: Congress MP Raja Warring on the speculation of BJP-SAD alliance in Punjab

Ankara [Turkey], June 11 (ANI): India and Turkey on Friday held a comprehensive review of bilateral relations and noted that commercial ties were on an upward trajectory with bilateral trade exceeding USD 10 billion in 2021-2022.

The Eleventh Session of India-Turkey Foreign Office Consultations (FOCs) was held in Ankara where both the countries agreed to hold the next round of the consultations in the former country on mutually convenient dates next year.

Minister of External Affairs Secretary (West), Sanjay Verma, led the Indian delegation for the FOC. During the consultations, both the countries exchanged their views on bilateral, multilateral and global issues including Ukraine and the Indo-Pacific.

"Both sides have also appreciated the commercial ties, which were on an upward trajectory with bilateral trade exceeding USD 10 billion in 2021-2022," the MEA statement added.

According to the release, "Indian companies are present in Turkey's automobile, pharma and IT sectors. While Turkey's companies were seeing opportunities in India's infrastructure and engineering sectors. Both sides agreed to further economic, cultural and people-to-people relations."

They also agreed to commemorate 75 years of bilateral diplomatic relations in a befitting manner. The two sides had also reviewed the situation in their respective regions and also exchanged views on several multilateral issues.

The last round of consultations was held on 8 May 2019 in New Delhi. During the visit, Turkey's Deputy Foreign Minister Sedat Onal had a meeting with Gitesh A Sarma, Secretary (West), in New Delhi on May 8, 2019, under the institutional mechanism of Foreign Office Consultations.

The 4th meeting of the Joint Working Group on Counter-terrorism was held in Ankara on July 4, 2019. A new bilateral mechanism "India-Turkey Policy Planning Dialogue" was institutionalized between the two Foreign Ministries with the first round held virtually on October 22, 2020.

India and Turkey enjoy close, friendly and deep-rooted ties dating back several centuries and share civilizational links. The recent political exchanges have imparted fresh momentum to our bilateral ties and opened several new avenues for cooperation. (ANI)

No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science