Turkish Forum

Tag: Zafer Caglayan

  • Ghana, Turkey in oil barter deal

    Ghana, Turkey in oil barter deal

    oil2Turkey says it has reached an agreement with Ghana to buy oil from the country through a barter scheme arrangement.

    News in the Turkish media seen by ghanabusinessnews.com says Turkey’s State Minister for Foreign Affairs, Zafer Çağlayan has indicated that he has had talks with two oil producing countries in West Africa – Nigeria and Ghana, and the two countries have responded positively to such an arrangement. The Turkish Minister recently toured Ghana, Nigeria and Equatorial Guinea, all oil producing countries. And while in Ghana, he was reported to have met Ghana’s Vice President John Mahama.

    Under the arrangement, he said Turkey will purchase oil from Nigeria and Ghana and pay for it by investing in tourism, energy, health and other infrastructure.

    Ghana officially became an oil producing country following the launch of commercial activities by President Mills at the Jubilee oil field yesterday December 15, 2010.

    Ghanabusinessnews.com has been unable to reach the Vice President’s office for comments.

    By Emmanuel K. Dogbevi

    via Ghana, Turkey in oil barter deal : Ghana Business News.

  • Turkey to build refineries in Ghana

    Turkey to build refineries in Ghana

    oil rigThe Turkish government is to build refineries in the country to complement the government’s effort at refining crude oil locally.

    In an interview with the Daily Graphic in Accra yesterday, the Minister of Foreign Trade of Turkey, Mr Zafer Caglayan, said the Turkish Petroleum Corporation and oil experts from Turkey would be discussing the details with their Ghanaian counterparts in the oil sector.

    He said Ghana had a good future and bright prospects, considering the thriving democracy and the abundance of natural resources in the country.

    Mr Caglayan said democracy and development were in tandem and that any attempt to downplay one affected the other.

    He said the culture of Ghana had united Ghanaians, resulting in their embracing democracy very early, compared with other West African states.

    He said the low quality of life in many West African states was due to the poor tenets of democracy in those countries and described Ghana’s economy as a thriving and shining star in Africa.

    He said it was in view of that, that Turkey had made Ghana its priority country in sub-Saharan Africa.

    Mr Caglayan said for a start, the Turkish government was working hard to further strengthen and improve upon the trade and commerce relationship between the two countries.

    The minister, who was travelling with a 15-member trade delegation from Turkey, said they were also exploring other areas to invest in.

    He said Turkey was expanding its frontiers in terms of industry and trade which included negotiating to purchase oil from Ghana, just as it subscribed to Ghana’s cocoa.

    Mr Caglayan said Turkey is a very big country when it comes to trade and in view of that, the government had put in place investor-friendly laws to attract people from all over the world to invest there.

    Source: Daily Graphic

    via Ghana News :: Turkey to build refineries in Ghana ::: Breaking News | News in Ghana | business.

  • Obstacles shuould be lifted for more Turkey-Tunisia trade

    Obstacles shuould be lifted for more Turkey-Tunisia trade

    Minister said that Tunisia should lift obstacles to trade to pave the way for Turkish businessmen who were eager to make investments in this country.

    Thursday, 02 December 2010 17:21

    caglayanTurkish foreign trade minister said on Thursday that Tunisia should lift obstacles to trade to pave the way for Turkish businessmen who were eager to make investments in this country.

    Delivering a speech at Turkey-Tunisia Business Forum in Tunis, State Minister for foreign trade Zafer Caglayan said that Turkish businessmen were ready to invest in this country as they did in their own countries.

    Caglayan said his visit aimed at boosting trade between Turkey and Tunisia and inviting Turkish businessmen to this country.

    Tunisian economy was growing and Tunisia had several important energy resources, he said. “Tunisia should diversify its products and increase its investments abroad,” he said.

    Turkey has made several economic initiatives in the world in the past 8 years and it was the 15th largest economy of the world, he said. Turkey reached this position with its political and economic stability as well as free economy, he said.

    Caglayan said that Turkey was exerting great efforts to boost its trade with all countries especially neighboring ones and the country was eager to increase its commercial ties with Tunisia.

    Tunisian Minister of Trade and Handicrafts Ridha Ben Mosba said that the two countries should enhance bilateral ties.

    Mosba said Tunisia offered a good environment for businesspeople and several investment opportunities.

    AA

  • Caglayan: Turkey To Invest Over 100 Bln USD In Energy In Next Decade

    Caglayan: Turkey To Invest Over 100 Bln USD In Energy In Next Decade

    251110 caglayanTurkish State Minister for foreign trade Zafer Caglayan said that Turkey would invest more than 100 billion USD in energy in the next decade.

    One of the reasons Japanese officials visited Turkey was the energy sector, added Caglayan who spoke at the 18th joint meeting of Turkish-Japanese Business Council in Istanbul on Thursday.

    Noting that Turkey attached importance to renewable energy, Caglayan said that energy diversity was also important, and added that a law on renewable energy would be adopted soon.

    Caglayan said that the law would probably be presented to Turkish parliamentary general assembly within the next 20-25 days, and then it would be adopted.

    Regarding nuclear energy, Caglayan said that Turkey had not reached an agreement with any country so far.

    AA

  • Turkey, Turkmenistan sign deal on science cooperation

    Turkey, Turkmenistan sign deal on science cooperation

    Turkish State Minister Zafer Caglayan and Turkmen vice presidents also signed an agreement envisaging cooperation between science academies of the two countries.

    Friday, 12 November 2010 16:21

    gul turkmenistanThe Turkish president said on Friday that his current visit to Turkmenistan confirmed one more time the will and determination to improve Turkey’s ties with this country.

    Speaking at a joint press conference with his Turkmen counterpart Gurbanguly Berdimuhamedow in Turkmenbashi, Turkish President Abdullah Gul said Turkmenistan had developed remarkably since his last visit to the country two years ago.

    Noting that numerous important matters had been on the agenda of his talks in Turkmenistan, Gul said the two countries had carried out successful activities in development, construction, industry and energy projects so far, adding cooperation opportunities for near future had been discussed during his latest meetings.

    “We have also discussed the things we can do to carry our common culture and historical heritage to future generations,” Gul said.

    “We have one more time confirmed our will to improve our relations in every area,” the president added.

    Turkmen President Berdimuhamedow also said that Gul’s visit provided the opportunity for a fruitful exchange of views on matters concerning both countries.

    Describing Turkey as a major and strategic commercial and economic partner, Berdimuhamedow said Turkey and Turkmenistan had common cultural and historical values for centuries.

    The Turkmen president noted that cultural activities to be organized at international level would help Turkey and Turkmenistan get closer.

    As part of Gul’s visit to Turkmenistan, Turkish State Minister Zafer Caglayan and Turkmen vice presidents also signed an agreement envisaging cooperation between science academies of the two countries.

    AA

  • Turkey Seeks to Boost Investment in Nakhichevan

    Turkey Seeks to Boost Investment in Nakhichevan

    BAKU (APA)–Nakhichevan has a ‘special place’ in Turkey’s foreign policy as a territory that isolates Armenia from the rest of the region, Turkey’s State Minister for Foreign Trade Zafer Caglavan said Wednesday speaking at a Turkish-Azeri business forum hosted in Kahkichevan , the Azeri Press Agency reported.

    “Armenia has been stuck between Nakhchivan and the rest of Azerbaijan with access only to Iran and Turkey,” Caglavan said. “Nakhchivan has a special place in the foreign policy of our government. That’s why we are here today.”

    The forum attracted influential businessmen from Turkey and Azerbaijan and presented them with information about Nakhichevan’s history, its course of economic development, and various business and investment opportunities in the area.

    According to APA, the meeting will end with the signing of a series of cooperation documents.

    Speaking to reporters during the event, Caglayan said Turkish businessmen have a “serious” interest in making investments into the Azeri controlled territory. He added that discussions were ongoing to establish the Nakhchivan-Turkey Business Council.

    “We want to establish a council that will help the businessmen. One should take advantage of bordering Nakhchivan. It would be better to create free trade zone on the border. It would increase mutual trade,” said Caglayan. “We can create a region without customs and trade with every part of the world. I gave necessary instructions. Turkey’s General Directorate of Free Trade Zones will study the issue. It will be possible to set up this system without losing time.”

    Caglayan said he had already appealed to Nakhichevan’s authorities to support the endeavor.