ANKARA
Turkey on Tuesday signed a declaration to establish a trilateral trade commission with Serbia and Bosnia-Herzegovina in the Turkish capital Ankara.
Turkish Economy Minister Zafer Caglayan met Serbia's Deputy Prime Minister & Minister of Foreign and Domestic Trade and Telecommunications Rasim Ljalij and Mirko Sarovic, Minister of Foreign Trade and Economic Relations of Bosnia-Herzegovina, at the Ministry of Economy.
Speaking at the meeting, Caglayan said they were holding a historic summit by signing a declaration to strengthen the trilateral cooperation. We will work in cooperation in the third countries' markets, Caglayan added.
"Serbia has invested USD 35 million in Turkey since 2002. The trade volume among the three countries is not that ambitious, and with this declaration we hope to increase the trade volume. Turkey will encourage the two countries to invest in Turkey by removing the obstacles," said Caglayan.
Serbia's Deputy Prime Minister Ljalij said the declaration would be pragmatic and practical, adding that "it is very important to cooperate with such a strong county, Turkey."
"The declaration will also play an important role on the political stability in the Balkans as well as providing both countries with substantial opportunities. Our aim is to increase the trade volume with Turkey by bringing businesspeople together to work in cooperation," said Ljalij.
Sarovic said Turkey's investments were increasing in Bosnia-Herzegovina, adding that the trade volume was more than 300 million euro with Turkey.
Next meeting will be held in September in Sarajevo, the capital of Bosnia-Herzegovina, and the course of action will be announced during the meeting.
