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Ghana, Turkey Target US$1bn   
 
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14-Mar-2012  
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Attendants at the meeting of the Kumasi Turkey Businessmen’s Association in Kumasi
 
 
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The volume of trade between Ghana and Turkey is anticipated to hit a record $1 billion in two years’ time.

Ziya Camur, Commercial Counselor at the Turkey Embassy in Ghana, who made the disclosure, said trade between Ghana and Turkey currently stands at about $500 million.

He noted that the volume of trade stood at $440 million as at the end of 2011 and attributed the remarkable improvement in trade to the zeal people of the two countries cultivated over the years.

Mr. Camur, whose prime mission is to ensure the expansion of trade between Ghana and Turkey, said trade between Ghana and Turkey could reach $1 billion considering the rate at which Ghanaians and Turks were trading currently.

He was speaking at a meeting of the Kumasi Turkey Businessmen Association (KTBA) on Saturday in Kumasi. KTBA aims to delight manufacturers, businessmen and women in Turkey and Ghana.

Commenting on Ghana/Turkey trade relations, he disclosed that Ghana exported goods worth a whopping $292 million to Turkey in 2011.

Mr. Camur, who has been in Ghana for the past seven months, said Turkey also exported goods worth $224 million to Ghana during the same period under review.

He added that while Ghana exported goods such as gold, timber and tropical fruits, Turkey, on the other hand, exported items such as industrial materials, food and machinery to Ghana.

Richard Owusu Ansah, Chief Operating Officer, KTBA, attributed the sharp rise in the trade volume between Ghana and Turkey to the latter’s decision to establish an embassy in Ghana two years ago.

He disclosed that there were a lot of business opportunities in Turkey and called on businessmen in Ghana who wanted to make profits and expand their businesses, to take advantage of the opportunities.

Hayford Asiedu Boateng, Managing Director, AB Modern Construction, in a remark, urged Turkey to help boost Ghana’s construction sector, noting that there were a lot of opportunities in that sector.

The volume of trade between the two countries currently stands at $500 million.
 
 
Source: Joe Awuah Jnr/Daily Guide
 
 

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