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Türkiye is planning to reach $7 billion in software exports by 2028, according to the country's Trade Minister Ömer Bolat
Türkiye is setting its sights on doubling its software export revenue to $7 billion by 2028, according to Trade Minister Ömer Bolat. Speaking at the Innovation Champions Awards Ceremony, part of the 11th edition of Türkiye Innovation Week, Bolat highlighted the country’s latest achievement of $3.5 billion in software export revenue and announced plans to double that figure over the next four years.
The event, which brought together leading figures from the Turkish government, was attended by Vice President Cevdet Yılmaz, Treasury and Finance Minister Mehmet Şimşek, and other officials.
Minister Bolat emphasized Türkiye’s significant progress in the information technology (IT) sector, noting the country’s leadership in developing a skilled labor force for the industry. He also pointed out that Türkiye has successfully doubled its high-tech exports since 2012.
In 2023, Türkiye was ranked 37th in the Global Innovation Index, a remarkable leap from its position at 65th in 2011. With its advancements in high-tech sectors, including military innovations, the country’s ranking is expected to rise even further in the coming years.
The government’s ambitious goal for software exports is part of a broader effort to solidify Türkiye’s role as a key player in the global tech industry, leveraging its growing expertise and capacity in high-tech innovation.
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Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
The inaugural Silk Road Finance & Technology Forum brought together policymakers, investors and technology companies as Central Asia looks to build a more connected financial system and compete for a bigger share of global fintech investment.
Uzbekistan's region of Karakalpakstan is developing three cryptocurrency mining facilities and three data centers with a combined investment of $5.1 billion, as the region seeks to attract larger and higher-quality investments.
A restaurant payment with a Visa card in Damascus has become a symbol of Syria’s reconnection with the global financial system.
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