Türkİye, Politics

Turkish president proposes non-dollar trade

'We are proposing to trade in our own currencies rather than U.S. dollar', Erdogan says to heads of Turkic Republics

03.09.2018 - Update : 06.09.2018
Turkish president proposes non-dollar trade

CHOLPON-ATA, Kyrgyzstan

International trade's dependency on the U.S. dollar should be decreased as it became an obstacle for Turkey, said Turkish President Recep Tayyip Erdogan on Monday.

"We are proposing to trade in our own currencies rather than U.S. dollar," Erdogan told the 6th Summit of the Turkic Council at Rukh Ordo Cultural Center in Kyrgyzstan.

The Turkish leader said Turkey and its friendly countries should not delay fighting the Fetullah Terrorist Organization (FETO).

FETO and its U.S.-based leader Fetullah Gulen orchestrated the defeated coup of July 15, 2016, which left 251 people martyred and nearly 2,200 injured.

Ankara also accuses FETO of being behind a long-running campaign to overthrow the state through the infiltration of Turkish institutions, particularly the military, police, and judiciary.

Erdogan added that the terrorist organization had shaped an organizational structure by establishing educational institutions worldwide as well as in Turkey.

The summit is hosted by Kyrgyzstan's President Sooronbay Jeenbekov at Rukh Ordo Cultural Center.

In addition to presidents of Turkey, Azerbaijan, Kazakhstan, and Uzbekistan, Hungarian prime minister also participates in the event as an observer.

Reporting by Ilkay Guder: Writing by Can Erozden

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