Turkey asked the United States to remove trade barriers between the two countries throughout talks on Saturday organized toward sharply rising bilateral commerce, Turkey’s commerce minister stated.
Washington and Ankara have set a formidable goal of quadrupling their trade to $100 billion a year, regardless of the prospect of U.S. sanctions over Turkey’s latest purchase of Russian missile defense systems.
Trade Minister Ruhsar Pekcan stated she expressed Turkey’s “clear expectation” to U.S. Secretary of Commerce Wilbur Ross over the elimination of “certain boundaries and policies as applied by the U.S. administration that constitutes (an) obstacle to enhancing our bilateral commerce.”
In May the White House mentioned it was ending a preferential trade agreement with Turkey, saying Turkey’s stage of economic development meant it was not eligible for the help.
Turkey might also face sanctions from its NATO ally over the delivery in July of Russian S-400 missile defense gear.
Pekcan stated she mentioned increasing Turkish exports within the civil aviation, automotive, jewelry, furnishings, textiles, and clothing sectors.
The U.S. embassy stated Ross and Pekcan had agreed that raising trade to $100 billion would require arduous work on either side. The United States says deal with Turkey totaled $24 billion in 2017, with the U.S. surplus standing at $1.5 billion.
The two ministers are due to hold further talks in Ankara next week.