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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.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
Apple’s latest smartphone, the iPhone Air, sold out within minutes of its launch in China on Friday, highlighting the brand’s enduring appeal among Chinese consumers despite growing competition from local Android makers.
Wall Street closed lower on Thursday as renewed concerns about regional banks and intensifying U.S.-China trade tensions weighed on investor sentiment, pulling major indexes off recent record highs.
Giorgio Armani's deputy managing director, Giuseppe Marsocci, is set to be appointed chief executive of the Italian fashion house, a source said on Thursday, confirming a local media report.
Tesla has told the Delaware Supreme Court that Elon Musk’s $56 billion pay package should have been restored last year through a shareholder vote, as the company appeals a lower court ruling that rescinded the CEO’s record compensation.
Wall Street closed sharply higher on Monday, led by gains in Broadcom and other chipmakers, as investors were reassured by U.S. President Donald Trump’s conciliatory tone on renewed U.S.-China trade tensions.
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