Caglayan: "A Turkish-US business council will launch before year's end"

Foreign Trade Minister Zafer Caglayan said on Tuesday that within a week Ankara will select Turkey's 12 members of a new Turkish-US business council, a body established as part of the Framework for Strategic Economic and Commercial Cooperation. Caglayan added that the council will start its work before year's-end and will include Sabanci Holding's Haluk Dincer and Yuksel Construction's Emin Sazak, among others. Caglayan said they had already asked the Turkish Union of Chambers and Commodities Exchanges (TOBB), Turkish Exporters Assembly (TIM), Turkish Industrialists and Businessmen's Association (TUSIAD), Independent Industrialists and Businessmen's Association (MUSIAD), Turkish Contractors Association (TMB), and Turkish Confederation of Businessmen and Industrialists (TUSKON) to suggest one name for each of the 12 sectors in which the two countries are seeking to strengthen cooperation. The sectors are as follows: motor vehicles, textiles and ready-made clothing, machinery (including electrical and electronic goods), chemicals (including pharmaceuticals), quarrying and mining, metals, food and herbal products, defense and air transportation, information technologies, energy, logistics, and construction.