Anadolu Agency
World Bank's contribution to Türkiye reaches $3.7 billion
With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in 2024 is close to $3.7 billion, Treasury and Finance Minister Mehmet Şimşek has announced.
Türkiye spends $125 million on sunglasses imported from Italy
The number of sunglasses imported from Italy in 2023 increased by 44.8 percent compared to the previous year, reaching 3 million units, while the amount paid was $125.4 million, Anadolu Agency has reported, citing trade data from the Turkish Statistical Institute (TÜİK).
In 2022, Türkiye imported 2.1 million sunglasses from Italy, paying around $70 million.
Aselsan pledges to enter among top defense firms worldwide by 2030
Turkish firm Aselsan attended the Farnborough International Airshow in the U.K., where Ahmet Akyol, the company's CEO, told state-run Anadolu Agency that the military provider is working hard to be one of the top 30 defense companies by 2030.
Erdoğan warns against NATO-Russia conflict
President Recep Tayyip Erdoğan has warned of a direct conflict between NATO and Russia at a key summit where the alliance has reiterated its unwavering political, economic and military support to Ukraine to defend its territories against the Russian occupation.
- Read more about Erdoğan warns against NATO-Russia conflict
- Log in to post comments
Economic policies to bring foreign investments back to Türkiye: Rogers
Türkiye has changed its economic policies, garnering attention from investors worldwide, said U.S. investor and financial expert Jim Rogers, adding that foreign investors will "come back but it takes a while."
"If Türkiye can show us that they are doing the right thing now, investors will come back," Rogers told Anadolu Agency.
Time for Greek-Turkish energy cooperation in Aegean, Greek official says
Marinos Giannopoulos, the CEO of Enterprise Greece, the official investment and trade promotion agency of the Greek state, called for Greek-Turkish energy cooperation in the Aegean during an interview with Anadolu Agency, published on Monday.
France Signals Willingness to Recognize Palestinian State
French President Emmanuel Macron expressed readiness to recognize a Palestinian state during a joint press conference with German Chancellor Olaf Scholz in Berlin, as reported by Anadolu Agency.
Macron stated, "There are no taboos for France, and I am fully prepared to recognize the Palestinian state." He emphasized the importance of timing for such recognition.
World Bank to provide $18 billion support for Türkiye
The World Bank has increased its support for Türkiye from $17 billion to $35 billion, providing an additional $18 billion of resources for the next three years, Treasury and Finance Minister Mehmet Şimşek has said.
Turkey pushes for Washington to greenlight jet deal
Ankara expects Washington to "act in accordance with the spirit of alliance and fulfill the commitments made" for the sale of F-16 fighter jets to Turkey, Foreign Minister Hakan Fidan reportedly told US Secretary of State Antony Blinken during a phone call on Wednesday.
Turkish parliament commission set to study Swedish NATO bid
The speaker of Turkey's parliament will send a bill approving Sweden's NATO membership bid to parliament's foreign affairs commission on Wednesday, a source from the assembly has said.