Türkiye and Greece are setting their sights on achieving a $10 billion bilateral trade volume as part of a newly launched “positive agenda” initiative aimed at bolstering cooperation across healthcare, environment, culture, tourism, economy, and trade.
The initiative follows a series of high-level mutual visits that have helped ease tensions and open new avenues for economic collaboration. At the end of 2023, Turkish President Recep Tayyip Erdoğan visited Athens for the 5th Türkiye-Greece High-Level Cooperation Council – the first such meeting in seven years – to focus on increasing foreign trade between the two nations. Last year, Greek Prime Minister Kyriakos Mitsotakis visited Türkiye to explore further opportunities, and he is expected to return this April for another high-level cooperation meeting.
Trade figures indicate a positive trajectory in economic relations. Turkish exports to Greece have grown significantly, rising from $1.8 billion in 2020 to $3.1 billion in 2021, then reaching $3.3 billion in 2022. In 2023, Turkish exports approached $4.2 billion, and in 2024, they surpassed $4.8 billion. Meanwhile, Greek imports to Türkiye have fluctuated over the past few years, closing 2024 at $1.4 billion. Overall, the bilateral trade volume has expanded from $3.1 billion in 2020 to $6.2 billion in 2024, bringing the partners closer to their ambitious target.
Tourism is also on the upswing, reflecting the warming of ties between the two countries. The number of tourists visiting from Türkiye increased from 136,305 during the pandemic in 2020 to 686,430 in 2023. Similarly, the number of Greek tourists to Türkiye rose by 3% last year, reaching 707,133.
These developments underline the growing economic interdependence between Türkiye and Greece, with both governments hopeful that further deepened cooperation will not only boost trade but also contribute to regional stability and prosperity.
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threaten...
Spain’s plan to grant legal status to hundreds of thousands of undocumented migrants is facing early resistance, with immigration officers wa...
The Trump Route for International Peace and Prosperity (TRIPP) has emerged as a landmark U.S.-backed connectivity project in the South Caucasus, li...
Greenland’s prime minister has appointed his predecessor to oversee foreign affairs, as pressure from Washington intensifies over the Arctic ...
Türkiye’s foreign minister has appealed for restraint and diplomacy as tensions around the Strait of Hormuz unsettle global markets, war...
Millions of Orthodox Christians across the globe celebrated Easter, known as Holy Pascha, on Sunday (12 April) with midnight liturgies, candlelight processions and deeply rooted local traditions reflecting centuries of faith.
Greece will ban access to social media for children under 15 from 1 January 2027, Prime Minister Kyriakos Mitsotakis said on Wednesday, citing rising anxiety, sleep problems and the addictive design of online platforms.
Just one week after a similar move by Australia, Greece announced that it will ban access to social media for children under the age of 15 from January 1, 2027, as governments around the world weigh tougher rules amid growing concerns over mental health, safety and screen addiction.
Greek Prime Minister Kyriakos Mitsotakis has urged EU prosecutors to speed up their probe into politicians from his party who are under investigation for fraud. The EU has asked to investigate 11 conservative MPs who are currently protected by parliamentary immunity.
At a time of deepening global polarisation, rising conflict and shrinking space for dialogue, Pakistan is stepping into a historic role. Diplomatic engagements in Islamabad, bringing together regional powers amid the Iran crisis, signal both urgency and opportunity.
U.S. President Donald Trump warned that any Iranian ships approaching ports in the Strait of Hormuz would be "immediately eliminated" on Monday, as the U.S. started its blockade.
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threatened to retaliate against its Gulf neighbours' ports after talks in Islamabad on ending the war broke down at the weekend.
Afghanistan’s Foreign Ministry said on Sunday that talks with Pakistan had been positive, while Türkiye stressed the importance of stronger ties between Kabul and Islamabad.
Centre-right Peter Magyar's Tisza Party has won a landslide in Hungary after a night of counting in the Hungarian election. Viktor Orbán has conceded defeat after 16 years in power. "We have done it. Tisza and Hungary have won this election", Magyar said to cheering supporters in Budapest.
China’s export growth slowed sharply in March, as the fallout from the Middle East conflict pushed up energy and shipping costs, weakening global demand and exposing risks in Beijing’s reliance on manufacturing to drive growth.
A French fashion label is placing China at the heart of its global ambitions, choosing Shanghai for its worldwide debut in a move that shows growing confidence in the country’s consumer market and cultural influence.
Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with many of the reductions expected to affect its marketing division, The Wall Street Journal reported on Wednesday, citing sources familiar with the plans.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment