Babacan describes Turkey's ties with Africa as win-win relation

Speaking to the 3rd Meeting of Africa-Turkey Foreign Trade Bridge, Foreign Minister Ali Babacan yesterday stressed that the meeting would highly contribute to the improvement of cultural, economic and commercial ties between Turkey and African countries and said, "Turkey places great importance on its relations with Africa, which has a great potential. Turkey's relations with African countries are based on principles of sharing, friendship, partnership and brotherhood. These relations can be characterized as the win-win relation." Saying that Turkey would host Turkey-African Summit in August and that Turkey would open new 15 embassies in the continent, Babacan also underlined Turkey's rising aid efforts to Africa and said that those efforts would increasingly continue in the future. President Abdullah Gul also met with the African businessmen as part of the meeting. In related news, Turkey's membership application for African Development Bank (AFDB) was accepted. Thanks to this membership, Turkish companies investing in Africa can join all kinds of economic projects in the continent.