Tuzmen in Egypt to boost trade ties

Accompanied by a large business delegation, State Minister for Foreign Trade Kursad Tuzmen yesterday traveled to Egypt as part of efforts to boost trade ties with the country. On his way to Egypt, Tuzmen said that Turkey has been increasingly working to establish new trade connections in alternative markets to recover its losses from falling demand in Europe due to the global economic crisis. "We will strengthen our connections with this country and bring trade relations to higher levels," he said. "Our exports to Egypt have increased fivefold since 2002. We will consolidate and improve upon our success." More than 100 businesspeople from Turkey will hold as many as 2,000 meetings with their Egyptian counterparts in the hope of striking business deals, partnerships and joint ventures.