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Tuesday, September 13 2011 , Your time is 15:58:00
Ankara’s action against Russian wheat, maize and sunflower oil suppliers is hindering restoration of ties between the two countries, Russian Deputy Prime Minister Arkady Dvorkovich told Turkish Deputy Prime Minister Mehmet Şimşek by phone on March 22.
A leading business council has called for the diplomatic row between Turkey and the Netherlands to be resolved in diplomatic manners, voicing hopes for ties to normalize soon.
HONG KONG - Agence France-Presse
Banking giant HSBC announced the appointment of a new chairman on March 13 as part of a management overhaul which will also see it choose a new CEO, after a massive drop in profits in 2016.
ANKARA - Anadolu Agency
Turkey’s current account deficit stood at $2.76 billion in January, up by almost $561 million year-on-year, a Turkish Central Bank report showed on March 13.
Representatives from Turkey’s top business organizations have condemned a Dutch move to prevent Turkish ministers from visiting the country, describing the move as “unacceptable” while calling for diplomacy to end the crisis.
Turkey’s leading mobile operator Turkcell has said it clinched a deal to purchase Huawei products in local currencies in a bid to support the country’s recent move to boost trade in local currencies rather than foreign exchanges, Reuters reported on March 13.
The Russian Direct Investment Fund (RDIF) said in a statement on March 10 that it has finalized the key terms of cooperation with Rönesans Holding, the construction, real estate development and investment company.
A consortium formed by Turkey’s TAV Airports Holding and Saudi Arabia’s Al Rajhi Holding Group has entered into exclusive talks for the operating and development of Yanbu International Airport in Saudi Arabia with local authorities, the Turkish firm said in a statement on March 13.
BEIJING - Agence France-Presse
China on March 11 warned the U.S. against launching a trade war, saying that both countries would suffer if U.S. President Donald Trump follows through on his threats.
ANKARA - Reuters
Turkey’s automotive production surged to a record high in the first two months of the year, data from the Automotive Industry Association (OSD) showed, propelled by strong car exports.
The Russian Direct Investment Fund (RDIF) and the Turkish Wealth Fund (TWF) have signed a memorandum establishing the Russia-Turkey Investment Fund, in a bid to further increase bilateral economic ties and boost the investment flow.
Russian agricultural watchdog Rosselkhoznadzor does not plan to lift phytosanitary restrictions on agricultural products from Turkey in the near future, state news agency TASS reported on March 10.
Russian Prime Minister Dmitry Medvedev told his Turkish counterpart Binali Yıldırım by phone on March 9 that Moscow had removed a ban on the import of some Turkish agricultural products, state-run Anadolu Agency has reported.