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.
Türkiye’s Foreign Ministry has strongly rejected recent statements by Greek authorities on the anniversary of the disputed “Pontus” claims, calling them unfounded and detached from historical facts.
Turkish Foreign Minister Hakan Fidan and his Saudi counterpart Prince Faisal bin Farhan convened in Riyadh for the second session of the Turkish-Saudi Coordination Council, aiming to strengthen ties and address regional challenges.
A trilateral meeting between delegations from the United States, Ukraine, and Türkiye ended in Istanbul on Friday. The one-hour session, led by Turkish Foreign Minister Hakan Fidan, focused on a peaceful resolution to the Russia–Ukraine war.
On May 15, President of Uzbekistan Shavkat Mirziyoyev received a Turkish delegation led by Vice President Cevdet Yılmaz to strengthen the comprehensive strategic partnership between the two countries, particularly in trade and investment.
Ukraine and Russia have initiated their first direct peace talks in over three years in Istanbul. The absence of Presidents Zelenskyy and Putin casts uncertainty over the potential for significant progress.
Termez, the southern gateway to Uzbekistan, has made history by hosting the first-ever Termez Dialogue, focusing on the growing connections between Central and South Asia.
British company Anglo Asian Mining Plc (AAM), which specializes in the extraction of gold, silver, and copper in Azerbaijan, has commenced production at Gilar, a new gold deposit located within the Gedabek site in the western part of the country.
France has unveiled plans for a €400 million high-security prison in French Guiana. The site, near the historic Devil’s Island penal colony, will house drug traffickers and radicalised inmates. Critics warn the move mirrors colonial-era exile tactics.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
British company Anglo Asian Mining Plc (AAM), which specializes in the extraction of gold, silver, and copper in Azerbaijan, has commenced production at Gilar, a new gold deposit located within the Gedabek site in the western part of the country.
Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak told reporters.
European and global markets opened cautiously on Tuesday as investors digest a mix of geopolitical developments and await clarity on stalled trade negotiations ahead of the July deadline for the reactivation of U.S. tariffs.
Asian markets began the week on a cautious note Monday as softer-than-expected Chinese retail sales data and growing uncertainty over U.S. economic and trade policy pressured sentiment across global equities and currency markets.
Kazakhstan is taking concrete steps toward the development of its first nuclear power plant, with the country now in the pre-project phase, according to Rinat Okasov, Deputy Director General of Kazakhstan Nuclear Power Plants LLP (KAEŞ).
Termez, the southern gateway to Uzbekistan, has made history by hosting the first-ever Termez Dialogue, focusing on the growing connections between Central and South Asia.
British company Anglo Asian Mining Plc (AAM), which specializes in the extraction of gold, silver, and copper in Azerbaijan, has commenced production at Gilar, a new gold deposit located within the Gedabek site in the western part of the country.
France has unveiled plans for a €400 million high-security prison in French Guiana. The site, near the historic Devil’s Island penal colony, will house drug traffickers and radicalised inmates. Critics warn the move mirrors colonial-era exile tactics.
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