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Turkey, Peru to bring trade balance to US$1bn over next 5 years

Related Keywords: Agriculture, boost new businesses, bring trade balance of USD one billion, construction sector, expect to reach FTA by this June, highest-level negotiations, metal, move is comprised in the negotiation process on textile, next five year period, Turkey and Peru, Turkish President Recep Tayyip Erdogan, visit to Lima contributed positive approach

Turkish President Recep Tayyip Erdogan's official visit to Lima —last February— contributed to a very positive approach between both countries. Turkey and Peru to bring the trade balance to US$1.00 billion over the next five-year period for which both countries are expected to reach a Free Trade Agreement (FTA) by June 2016. Both governments intend to boost new businesses, said Turkish Ambassador to Peru Ferda Akkerman.

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