Türkiye

The volume of Türkiye's e-exports is expected to increase to $8 billion at the end of 2024, according to Trade Minister Ömer Bolat.

The country's e-exports soared 131 percent last year to exceed $5 billion, said the minister, who delivered a speech at the Global E-Export Summit (IGEXX) in Istanbul on Sept. 4.

Türkiye ranked ninth in Europe, ahead of Italy, in terms of the number of electric vehicles (EV) sold in the first eight months of 2024.

From January and July, a total of 41,371 EVs were sold in the country, marking a staggering 159 percent increase from a year ago.

The Montenegrin authorities have extradited Binali Camgöz, the head of an İzmir-based criminal syndicate, to Türkiye following an extensive diplomatic effort led by the Turkish intelligence agency.

Camgöz, wanted in Türkiye for an array of serious offenses, including homicide, drug trafficking, assault, extortion and property damage, fled to Georgia in 2018.

Türkiye's foreign trade deficit declined by 41.8 percent year-on-year in July to $7.3 billion as exports rose and imports dwindled, data from the Turkish Statistical Institute (TÜİK) have shown.

Exports amounted to $22.5 billion last month, increasing 13.8 percent from July 2023, but imports plunged 7.8 percent annually to $29.8 billion, TÜİK said on Aug. 28.

Türkiye is at risk of significant inflationary pressure through food prices driven by climate change, according to researchers at the country's Central Bank.

Climate change has not only become a major threat to sustainability and food security but also to price stability, they warned.

Türkiye's President Recep Tayyip Erdoğan on Saturday stressed the need to maintain a "strong and effective navy" to safeguard Türkiye's peace and security, both within its territorial waters and in far-flung regions.

Malaysian Prime Minister Anwar Ibrahim hosted Haluk Görgün, head of the Turkish Defense Industry Agency, on Friday to explore ways to enhance defense cooperation between Malaysia and Türkiye.

Görgün and Ibrahim engaged in an "in-depth discussion" focused on strengthening their defense ties, as shared by Malaysian Prime Minister in a statement on X.

Türkiye's external assets stood at $341.7 billion as of June, indicating an increase of 2.7 percent compared to the end of 2023.

The country's liabilities against non-residents recorded $670.2 billion, up 10.1 percent in the same period.

President Recep Tayyip Erdoğan has appointed rectors to 13 universities, marking a leadership shift at some of the country's most prestigious academic institutions.

Senior government and military officials from Türkiye and Iraq had detailed talks to further improve security cooperation and eliminate the terrorist threat from the latter's territories.

Foreign Minister Hakan Fidan and Iraqi Foreign Minister Fouad Hussein chaired the meetings with the attendance of defense ministers and intelligence chiefs from both sides.