ID :
119580
Fri, 04/30/2010 - 20:56
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MIDDLE EAST FAIR TO BE HELD IN TURKEY'S SOUTHEAST IN JUNE, TURKISH STATE MINISTER

ANKARA (A.A) - 30.04.2010 - Turkish State Minister Zafer Caglayan said on Friday that a southeastern Turkish province would host a fair to be attended by representatives from Iraq, Iran, Jordan, Syria and Lebanon in June 2010.
Speaking at a press conference in capital Ankara, Caglayan said the "Middle East, Iraq and Neighboring Countries Fair" would be held in the southeastern province of Gaziantep between June 24-27.
Noting that Gaziantep had been the venue of "Baghdad Fair" during the period when Iraq faced serious problems, Caglayan said such fair contributed remarkably to the promotion of Turkish export products as well.   
"We will now improve and expand this important fair and include Iraq, Iran, Jordan, Syria and Lebanon in the structure. Delegations and ministers from these 5 countries will attend this event," Caglayan said.
The Turkish minister said the new event would support the companies that were eager to make investments in the Middle East.
The fair would bring together more than 300 companies, moreover, it would have guests from Romania, China, Italy and France, Caglayan said.
Products related to agriculture, foodstuff, food technology, construction, industry and exports would be on display at the fair, Caglayan added.
Commenting on Turkey's exports as well, Caglayan said exports in the first 4 months of 2010 recorded a 23.3 percent rise compared to the same period of 2009, reaching 35 billion USD.
Pointing to the foreign trade figures announced by Turkish Statistics Board, TurkStat, Caglayan said the increase in imports stemmed from the rise in oil prices, as well as the increase in iron & steel, machinery and motor vehicle sectors.
Referring to the significant increase in the export of intermediate goods, Caglayan said, "Turkey's export of intermediate goods should be analyzed well. Today, there is not a single product that cannot be produced by Turkish industrialists".
"This increase in imports does not stem from the incapability of our industrialists. The only reason for such rise is Central Bank's faulty interest policy," the minister said.   

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