Türkiye says it aims to increase trade with Turkic states to $60 billion in the medium term and $100 billion in the long term, President Recep Tayyip Erdoğan announced on Monday.
Speaking at the Justice and Development (AK) Party's launch of the Turkic World Vision Document, Erdoğan said, “The integration of energy corridors, logistics lines, and digital infrastructure projects will transform the Turkic world into a rising economic powerhouse on a global scale.”
He highlighted that initiatives in language, history, and art would help preserve cultural ties across Turkic nations.
“Youth programmes, exchange mechanisms, and the establishment of joint academic networks will ensure future generations become better acquainted and maintain long-term relations,” Erdoğan added.
The AK Party’s Turkic World Vision Document also outlines a security approach aimed at strengthening regional peace.
“The will to act together against various threats, particularly in the fight against terrorism, demonstrates the solidarity among Turkic states,” Erdoğan stated.
On the occasion of World Turkic Language Family Day, Erdoğan extended his congratulations to “all our brothers and sisters across the Turkic world and in different corners of the globe with whom we share the same language, the same dreams, and hearts that beat together.”
In early November, UNESCO designated 15 December as World Turkic Language Family Day to promote the common language, culture, and documentary heritage of Turkic-speaking countries.
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The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
North Korea has fired more than 10 short-range ballistic missiles after U.S. President Donald Trump reduced American participation in joint military exercises with South Korea in an effort to revive dialogue with Pyongyang.
Georgia’s foreign trade data for January-July 2026 shows Kyrgyzstan, China and Russia as its top three export markets, highlighting its Middle Corridor ambitions and complex economic ties with Moscow.
Kazakhstan will vote on 23 August in its first parliamentary election under the new Constitution, choosing 145 members of the new Kurultai under a fundamentally changed electoral system based entirely on party lists.
Five years after Evergrande's debt crisis rattled global markets, founder Hui Ka Yan has been sentenced to life in prison, marking a dramatic new chapter in the downfall of China's former property giant.
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