BENGHAZI
Turkish Science, Industry & Technology Minister Nihat Ergun said that they targeted to reach 100 billion USD of trade volume between Turkey and Arab League countries within the next five years.
Speaking at the 2nd Turkish-Arab Industrial Cooperation Conference in Libya on Sunday, Ergun said that trade volume between Turkey and Arab League countries had been six billion USD in 2002, and it rose to 35 billion USD in 2011, thus Arab League countries constituted nine percent of Turkey's total foreign trade.
Ergun said that it was necessary to increase free trade agreements and visa exemption between Turkey and Arab countries.
Turkey is ready to share its experiences with Arab countries in the areas of organized industrial zones, small & medium scale enterprises, incentive system, consumer rights and strategy documents.
(Reporting by Bulent Karaaslan)
