Europe’s eye is on Turkey – Breaking Information

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“These nations have now began to deal with nearer nations,” mentioned Landi, including, “On this respect, Turkey has grow to be some of the vital nations for European firms as a consequence of its geopolitical place. Whereas the commerce between Italy and Turkey in know-how, equipment, textile, furnishings, ornament, leather-based, medication and medical sectors nonetheless continues, international commerce within the cosmetics, private care and meals dietary supplements sectors additionally confirmed a constructive improve and circumstances for manufacturing and cooperation in lots of fields. fashioned,” he mentioned.

SUPPORT TO THE RESSION

Evaluating the recession considerations in Europe and the reflections of the rise in inflation, Landi mentioned, “There could also be a lower in progress in Europe, particularly as a consequence of excessive power prices. With the intention to scale back the detrimental results Italy and Turkey ought to proceed their industrial processes in cooperation with them. On this route, the industrial relations between the 2 nations needs to be developed and lots of industries needs to be additional built-in with mutual investments. Riccardo LandiOnce we requested how the brand new authorities established in Italy will mirror on the relations between the 2 nations, “The brand new authorities continues to be within the formation stage. I’m certain that it’ll help the additional growth of the superior industrial relations between Italy and Turkey in each respect.”

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‘TURKEY COSMETIC ATTRACTION CENTER’

Reminding that 75 Italian firms participated in Magnificence Istanbul, which was held within the cosmetics and wonder business previously weeks, Landi mentioned, “We will say that Turkey has grow to be a middle of attraction for the world cosmetics market. Italian firms collaborating within the truthful have an extended custom within the manufacturing of pure and particularly natural merchandise. Though the principle goal of the businesses was to search out importer distributors in Turkey, additionally they evaluated the calls for corresponding to cooperation, uncooked materials provide and even manufacturing in Turkey.” International cosmetics market measurement of 300 billion Euro It’s estimated that the dimensions of the Turkish cosmetics market is round 5.5 billion Euros. Analysis exhibits that even in occasions of financial disaster, the demand for beauty merchandise doesn’t lower, quite the opposite, it continues to extend regardless of the disaster.

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