Serdar Kurt, in his assertion to the AA correspondent, stated that Lithuania and the Baltic Nations have been a area that didn’t appeal to a lot consideration in Turkey till right now, however the fast change on the planet conjuncture, logistical closeness to Turkey, constructive political relations and the enforcement of EU laws are vital causes for this. He stated that he all of a sudden made the area a brand new marketplace for firms.
Emphasizing that the strain between Russia and Ukraine and the suitability of Turkey’s high quality and worth in export merchandise considerably elevated the demand from this area to Turkey, Kurt famous:
“Turkey-Lithuania commerce quantity reached $763 million in 2020, and $992 million final yr, with out slowing down regardless of the Kovid-19 epidemic. We reached a bilateral commerce quantity of $920 million in January-September 2022. Our end-of-the-year expectation is 1, On the stage of 5 billion {dollars}.Though our exports have elevated lately, Turkish manufacturers haven’t but actively entered this area.
These figures will improve considerably if our profitable manufacturers within the textile, meals, automotive sub-industry, tractor, iron-steel sectors set up their very own models within the Lithuanian market or set up a manufacturing unit in Lithuania, which gives the chance to provide within the EU with acceptable tax benefits.
Stating that they earn severe tourism earnings from Lithuania in addition to commerce in items, Kurt stated that 114 thousand Lithuanians visited Turkey final yr, this determine reached 163 thousand in 8 months of this yr, and on the finish of the yr, roughly 200 thousand Lithuanians visited Turkey. He stated that they anticipate him to go to, which corresponds to a tourism earnings of roughly 135 million {dollars}.
Kurt famous that the contracting firms that proceed their actions within the area additionally present overseas foreign money enter to Turkey, particularly via army and infrastructure tenders.
– “THE LTVANS N TURKEY DESTNATION NUMBER BR”
Serdar Kurt said that when the primary sectors with export potential to Lithuania are listed, meals, residence textiles and ready-made clothes, iron and metal merchandise, chemical substances and merchandise, automotive provide {industry}, electrical automobiles and industrial equipment come to the fore.
Noting {that a} appropriate ecosystem is obtainable to Turkish firms, particularly within the fields of knowledge and communication applied sciences reminiscent of fintech, cyber safety and sport growth, on the level of funding, Kurt stated, “I believe that funding alternatives and cooperation could be present in Lithuania within the area of logistics, biotechnology and renewable vitality.” stated.
Noting that there are lots of army development tenders held by NATO in Lithuania and the Baltic Nations, Kurt stated that the railway infrastructure challenge known as “Rail Baltica” financed by the EU is ready for the participation of Turkish contracting firms.
Kurt said that Turkey is the primary vacation vacation spot for Lithuanians and stated, “I believe we should always mirror this on well being tourism.” stated.
– “THE GREAT TRADE PARTNERS OF TURKEY, LTVANIA”
Expressing that the Russian-Ukrainian conflict modified many balances for Lithuania in addition to for the world, Kurt stated that Russia, Belarus, Ukraine and China, that are the primary suppliers of the Baltic Nations, all of a sudden broke down from this provide chain.
Kurt stated, “Turkey has all of a sudden develop into one of the crucial vital business companions of Lithuania, each with its shut logistical method and with its high quality and reasonably priced merchandise. The constructive ambiance created by the Bayraktar TB2 ban, which Baykar agency made to Lithuania previously months, additionally contributed to our bilateral relations.” stated.
In such a constructive atmosphere, because the WEC Turkey-Lithuania Council, Kurt expressed his efforts to develop business relations between the 2 international locations and famous the next:
” Along with the net data conferences we maintain for our individuals, we additionally present help for the group of enterprise delegations between the 2 international locations. Lithuania is ready for our firms with its logistics near our nation and with its dependable enterprise atmosphere. Lithuania; It goals to permit overseas models of our firms which have heavy commerce with the EU, particularly, to assault or market their overseas models. It’s a geopolitically vital nation for our firms that wish to enter at reasonably priced prices.”