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Related Keywords: country offers best conditions, emerging markets of Eastern Europe, expected to grow, FDI, financial incentives, Foreign Direct Investments, in the Western Balkans, link between southern and central Europe, prime strategic position, such as government subsidies, Turkish investment in Serbia, Turkish knitted fabric and knitwear manufacturers

Turkish investment in Serbia is expected to grow in the short term as the country offers the best conditions for foreign direct investments (FDI) in the Western Balkans. The Balkan country is offering financial incentives, such as government subsidies, as well as a prime strategic position as a link between southern and central Europe and the emerging markets of Eastern Europe, said Aleksandar Medjedovic , the chairman of Turkey - Serbia Business Council.

Related Keywords: fast becoming an attraction, Foreign Direct Investments, Foreign Economic Relations Board of Turkey, General Secretary Mustafa Mente, Many Turkish companies, negotiations under way, particularly in fabrics and yarn, presence in Pakistan, rising Gross Domestic Product, textile sector, Turkish companies scout for more business avenues

Many Turkish companies have their presence in Pakistan and the country’s rising Gross Domestic Product (GDP) is fast becoming an attraction for Turkish companies as they scout for more business avenues, said said Foreign Economic Relations Board of Turkey General Secretary Mustafa Mente.

Mente said that currently negotiations are under way for Foreign Direct Investments in textile sector particularly in fabrics and yarn; however, some technical issues remain unresolved.