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Saturday, September 01, 2012

Exports to Europe slow down as trade gap narrows

Exports to Europe slow down as trade gap narrows

ISTANBUL

Turkey’s trade gap narrowed 20 percent in the first seven months of the year from last year, falling to $50.7 billion. However, a sharp fall in exports to Europe, its largest market, is increasingly encouraging the country to diversify its foreign trade, figures released yesterday by the Turkish Statistical Institute (TÜİK) showed.

More:ECONOMICS - Exports to Europe slow down as trade gap narrows