Showing posts with label Bangladesh Turkey relationship. Show all posts
Showing posts with label Bangladesh Turkey relationship. Show all posts

Monday, November 22, 2010

Tarkey To Boost Up Trade Facilities with Bangladesh.

Tarkey To Boost Up Trade Facilities with Bangladesh.


New trade dimantion between Turkey and Bangladesh found prospective through last trade preiod . It is a new door for Bangladesh to reach development achivenment.
Turkish Prime Minister Recep Tayyip Erdo an called for a higher level of trade with Bangladesh on Sunday, vowing to support the South Asian Muslim country in international platforms.

“We will never leave Bangladesh alone,” Erdo?an told reporters in a joint press conference with his Bangladeshi counterpart Sheikh Hasina in capital Dhaka during his two-day visit. This visit, which was the first Turkish prime ministerial visit in 21 years to the country, was to bolster growing trade relations and bilateral ties between the two countries. The two prime ministers held bilateral talks and meetings with delegations before the news conference, which Erdo?an defined as “very useful.”

State Minister and Deputy Prime Minister Ali Babacan, State Minister Mehmet Ayd?n, who is also the co-Chairman of the Turkey-Bangladesh Joint Economic Commission, Finance Minister Mehmet ?im?ek, Energy and Natural Resources Minister Taner Y?ld?z, Deputy Chairman of the Justice and Development Party (AK Party) Nükhet Hotar and Samsun Deputy Suat K?l?ç accompanied Erdo?an during his visit.

Noting that he is pleased to be in a “friendly and brotherly” country, Erdo?an said he assessed the current level of bilateral ties between the two countries today with his counterpart.

Erdo?an said, “Turkey is one of the first countries that recognized Bangladesh’s independence. Our relations have increasingly strengthened. We appreciate and follow Bangladesh’s steps in its path to development. We are monitoring its successful record in human rights, rule of law and gender equality. There have never been problems between Turkey and Bangladesh. In addition, the two countries also display solidarity in international organization. We want to continue to enhance our economic, cultural and political cooperation,” Erdo?an told the news conference.

Pointing to the fact that trade volume between the two countries was only $47 million in 2002 but reached $658 million by 2009, Erdo?an said these numbers don’t reflect the potential between Turkey and Bangladesh. The prime minister said they have increased the previously set $1 billion goal for 2015 to $3 billion. “There should be more, not less,” Erdo?an underlined.

Erdo?an also noted that Turkish Airlines will launch direct flights to Dahka on Dec. 23 this year, which he believes will increase trade and tourism and solidarity between the two nations.

Turkey and Bangladesh are also in the Developing-8 (D-8) — an arrangement for development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey — that enhances dialogue between the two countries.

The establishment of the D-8, an organization aimed at fostering economic cooperation among its Muslim developing country members, was announced officially by a summit of heads of state and government in ?stanbul in June 1997.

Saying that there is also cooperation between Bangladesh and Turkey in the sphere of education, Erdo?an said Turkey is helping the country in bachelor, masters and military education.

Turkey and Bangladesh signed two agreements in health and diplomatic sectors during Erdo?an’s visit. The first agreement envisages cooperation in the health sector between the two countries. The second agreement is about granting plots of land for diplomatic missions both in Ankara and Dhaka.

Hasina also said talks held with Erdo?an and with the Turkish delegation took place in a warm and friendly atmosphere.

Noting that they hold similar views on many topics in international affairs, Hasina said they have an agreement in the struggle against any type of terrorism.

Hasina stated they agreed to continue cooperation in health, education and the defense industry.

“I want to express my admiration to Prime Minister Erdo?an for his success in international relations and his leadership,” Hasina concluded.

Before his meetings with Bangladeshi officials, Erdo?an visited Savar National Cemetery on his second day in Dhaka. Erdo?an later was expected to hold talks with Bangladesh’s President Muhammad Zillur Rahman and was set to proceed to a lunch hosted by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

During his visit, Erdo?an also visited International Turkish Hope High School, which was established in 1996 by Turkish businessmen, where he was welcomed by traditional Turkish and Bangladeshi dances and songs, congratulating those who have contributed to the foundation and maintenance of the school.

While the host school ran video footage featuring Erdo?an reciting the poem “Can?m ?stanbul,” Erdo?an and other ministers nearly wept. Stressing that his presence here has a special meaning, Erdo?an said it is pleasing to see Turks and Bangladeshis moving together towards the same goal.

Speaking at a ceremony at the high school, Erdo?an said Bangladesh and Turkey are two countries that have no problems between one another. Noting that Bangladesh could be one of the most modern countries in the world, Erdo?an said the country has a young population of 160 million and could successfully utilize this human capital. Erdo?an also stressed the need for democracy and noted there needs not be compromise to achieve freedom. “Better democracy, better life standards, better economy,” Erdo?an pointed out.

Saturday, November 20, 2010

Annual trade with Turkey set to top $1b

Annual trade with Turkey set to top $1b
Kazi Azizul Islam

The robustly increasing exports from Bangladesh is set to take its annual trade turnover with Turkey to $1 billion mark within next few months, business leaders of the two countries said.

In the last one year, from September 2009 to October 2010, two-way trade amounted to $927 million, Afsarul Arefin, a senior official of the Federation of Bangladesh Chambers of Commerce and Industry told New Age.

Bangladesh exported goods worth $741 million to Turkey in the period while its imports from that country amounted some $186 million.

‘As Bangladesh’s garment exports, in terms of value, to Turkey, is growing by 40 per cent or more, two-way year-on-year trade is set to cross $1 billion mark by early 2011,’ said Arefin.

Businessmen said that more than two-thirds of Bangladesh’s exports to Turkey are readymade garments.

Growth on the shipments of made-in-Bangladesh garments remains very high in recent times as many Turkish brands, including Tema, and other wholesalers are increasing their procurements from Bangladesh, said Shamimul Islam, a senior official of the leading garment exporter, Babylon Group.

The visiting Turkish president’s wife visited Babylon’s state-of-the-art factories at the outskirts of the city on Saturday.

Industry people say despite Turkey remains a major garment producing and exporting county, its retailers and wholesalers are coming to Bangladesh for competitive sourcing.

‘Turkey has become one of the top new markets for Bangladeshi garment exporters and recent growth in shipments indicates that it is becoming a billion-dollar market for Bangladesh very soon,’ Anwarul Alam Chowdhutry, a former president of Bangladesh Garments Manufacturers and Exporters Association, said.

‘Recently, some Bangladeshi manufacturers are even souring denim and other fabrics to Turkish apparel makers,’ Chowdhury, also the chairman of Argon Denim, said.

Fikret Cicek, president of the Turkey-Bangladesh Chamber of Commerce and Industry, told New Age that his country’s carpet industry had been a major importer of jute yarns from Bangladesh.

‘Now Bangladeshi readymade garments are seeing a bigger opportunity in Turkey,’ said Fikret.

He listed major Turkish exports to Bangladesh as textile dying machinery, chemicals, power generators, steel products and red lentils.

Recently, Turkish-made consumer goods like kids diapers are also being sold widely in shops in Bangladesh.


source:http://www.newagebd.com/2010/nov/14/busi.html#2

Friday, November 19, 2010

Turkey eyes $3b trade with Bangladesh

Turkey eyes $3b trade with Bangladesh

Prime Minister Sheikh Hasina speaks at a bilateral meeting with visiting Turkish Premier Recep Tayyip Erdogan at the Prime Minister's Office in Dhaka yesterday. Photo: PMO

Star Business Report

Turkish Prime Minister Recep Tayyip Erdogan has said bilateral trade between Turkey and Bangladesh will cross the $3 billion mark by 2015.
In the first 10 months of 2010, bilateral trade increased to $742 million from $648 million in 2009, despite the global financial crisis.

When the incumbent Turkish PM’s party assumed power in 2002 through a general election, two-way trade between Bangladesh and Turkey was only $47 million.

“Our target is to increase the bilateral trade to $1 billion at the end of the year and $3 billion at the end of 2015. The target is achievable, because we have determination,” said Erdogan yesterday at a luncheon meeting of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) at Dhaka Sheraton Hotel.

He suggested Bangladesh utilise Turkish expertise in construction and infrastructure development as his country boasts skills to carry out those jobs.

Turkey achieved 11 percent economic growth in the first six months of this year, ranking number one in Europe and third globally, he said.

“The rate of unemployment has been increasing worldwide in the wake of the global recession, but Turkey successfully cut its unemployment rate by maintaining significant economic growth,” the Turkish PM said.

Tourist arrivals in Turkey are increasing while neighbouring Spain and Greece have been losing the numbers, Erdogan added.

Erdogan added that the most important asset of Bangladesh is the country’s young and dynamic people, which Bangladesh should utilise for achieving overall development.

He urged the government to enforce the trade and investment protection agreement signed between the two countries in 1987 to boost trade.

At the meeting, Finance Minister AMA Muhith said mutual cooperation and investments between the two countries must be enhanced as Turkey has already made considerable advancements in this regard.

“Direct flights between Turkey and Bangladesh are all set to begin next month,” he added.

FBCCI President AK Azad said major export items from Bangladesh to Turkey include knitwear, woven garment products, raw jute and jute goods, hides and skins, crockery, cutlery and handicrafts.

On the other hand, the goods imported from Turkey include machinery and mechanical appliances, base metal, textile and textile articles, vehicles, aircraft, vegetable products, mineral products, plastic and rubber products and prepared foodstuff.

The Turkish investors have opportunities to invest in textiles, tourism, energy, construction, natural gas-based industries, telecommunication, fisheries and agro-based industries in Bangladesh, he said.

BILATERAL TALKS

Emerging from bilateral talks yesterday, the Bangladesh and Turkey prime ministers held a joint press conference.

Erdoðan said his government and the private sector of Turkey will continue to offer and provide support and assistance to help Bangladesh emerge as a mid-income country by 2021, according to news agency UNB.

“There is huge potential to increase the trade up to a minimum $3 billion by 2015,” he said.

About the direct Dhaka-Istanbul air-link, he said it would strengthen cooperation between the two countries in various sectors, especially tourism.

Erdoðan hoped the economic and cultural collaboration would be further strengthened in the future.

He also said the Turkish government is interested to see an increase in the number of Bangladeshi students studying in Turkish educational institutions at graduation and under-graduation levels.

Prime Minister Sheikh Hasina urged her Turkish counterpart to encourage Turkish investors to invest in infrastructure development, energy production, river dredging, machinery and equipment plants, ICT, tourism, textile and particularly agro-based industries.

source:http://www.thedailystar.net/newDesign/news-details.php?nid=162610