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13 Feb 2018

Kobyakov, Yildirim to discuss Belarus-Turkey relations in Minsk

MINSK, 13 February (BelTA) - The talks between Belarus Prime Minister Andrei Kobyakov with Prime Minister Binali Yildirim of Turkey will be held in Minsk on 14 February, BelTA learned from the press service of the Belarusian government.

Following the talks the parties are scheduled to sign a number of documents, in particular, the agreement between the governments of Belarus and Turkey on mutual promotion and protection of investments, the intergovernmental agreement on international multimodal transport of goods. Belarus’ State Committee for Standardization and Turkish Standards Institution are preparing to sign the action plan to implement the memorandum of understanding on technical cooperation.

On 15 February the prime ministers will attend the Belarusian-Turkish business forum. The economic entities of Belarus and Turkey will discuss the prospects of economic cooperation in a number of areas of mutual interest. They include mechanical engineering, chemical industry, textile industry, woodworking, logistics, and IT. It is expected that some 200 people will take part in the forum.

The Belarus-Turkey trade made up $942.2 million in 2017. Belarus’ major exports to Turkey included potash fertilizers, steel semi-finished products, petrochemical products, synthetic fibers and threads, agricultural products. Turkey’s major import items to Belarus were agricultural products, light industry goods, synthetic threads, components for agricultural machinery. In January-September 2017, the volume of Turkish investments in the Belarusian economy reached $40.4 million. About 300 economic entities with Turkish capital have been registered in Belarus.

Belarus and Turkey established diplomatic relations on 25 March 1992. Embassies were opened in both the countries. There is the Consulate General of Belarus in Istanbul.

 

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