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TURKEY: Finance Minister Simsek to Hold Talks in China This Week

TURKEY
EM BulletBulletGlobalEmerging Market NewsRegion
  • Finance Mehmet Simsek will travel to Beijing to attend the second meeting of the Turkey-China Intergovernmental Cooperation Committee (ICC), Hurriyet report.
  • During his visit, the minister will also hold talks with senior executives of Chinese financial and investment companies, including ICBC and Bank of China as well as Chinese Vice President Han Zheng, sources told state-run newspaper Anadolu Agency.
  • Economic and commercial relations will be discussed at the talks, the sources said. China is Turkey’s third largest trading partner in the world.
  • President Recep Tayyip Erdogan said in late-October that Turkey is interested in “furthering cooperation with BRICS on the axis of its own interests.” BYD, China’s biggest EV maker, has already announced plans to build factories in Hungary and Turkey.
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  • Finance Mehmet Simsek will travel to Beijing to attend the second meeting of the Turkey-China Intergovernmental Cooperation Committee (ICC), Hurriyet report.
  • During his visit, the minister will also hold talks with senior executives of Chinese financial and investment companies, including ICBC and Bank of China as well as Chinese Vice President Han Zheng, sources told state-run newspaper Anadolu Agency.
  • Economic and commercial relations will be discussed at the talks, the sources said. China is Turkey’s third largest trading partner in the world.
  • President Recep Tayyip Erdogan said in late-October that Turkey is interested in “furthering cooperation with BRICS on the axis of its own interests.” BYD, China’s biggest EV maker, has already announced plans to build factories in Hungary and Turkey.