Tuesday, January 11, 2005

Putin Sets $25Bln Goal for Trade With Turkey

"Putin Sets $25Bln Goal for Trade With Turkey
The Associated Press

Trade between Russia and Turkey could more than double to $25 billion by 2007 from $10 billion in 2004, Russian President Vladimir Putin said after talks with Turkish Prime Minister Tayyip Erdogan on Tuesday.
'I agree with the forecast that bilateral trade volume could reach $15 billion in 2005 and $25 billion in 2007. I think we can achieve this,' Putin told a Moscow gathering with Erdogan and accompanying Turkish businessmen, attended by reporters.
Russia is Turkey's second-largest foreign trade partner, with bilateral trade now standing at $10 billion. Compared with the first half of 2003, bilateral trade rose by 60 percent in the first half of 2004, reaching $4.6 billion."

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