Ömer Bolat

Türkiye aims to boost its exports to the economies under the Distant Countries Strategy to $50 billion by 2028, Trade Minister Ömer Bolat has said.

Among the 18 targeted countries under the strategy are the U.S., Canada, Mexico, China, South Korea, Japan, Australia, India and Brazil.

 Iran and Türkiye are working hard to reach a target of $30 billion in bilateral trade, Turkish Trade Minister Omer Bolat said Wednesday.

Bolat met with Iranian President Masoud Pezeshkian as part of the 29th Meeting of the Türkiye-Iran Joint Economic Cooperation Commission. Following the discussions, Bolat confirmed Türkiye's interest in renewing its energy agreement with Iran.

Trade Minister Ömer Bolat on Monday expressed Türkiye's strong backing for Iraq's Great Development Road Project, a ambitious initiative aimed at revolutionizing regional connectivity.

Trade Minister Ömer Bolat is embarking on a two-day visit to Iraq, seeking to boost economic cooperation.

Bolat's visit, accompanied by delegations from the Turkish Exporters Assembly (TİM) and Turkish Contractors Association (TMB), will include stops in the capital Baghdad and the southern city of Basra, Trade Ministry sources said.

Türkiye expects the new administration under Donald Trump's presidency to remove some trade barriers, Trade Minister Ömer Bolat has said.

Istanbul hosted the Türkiye-Saudi Arabia Business Forum on Sunday, bringing together business leaders from both countries to strengthen economic collaboration.

The Türkiye-Saudi Arabia Business Forum, organized by the Foreign Economic Relations Board of Türkiye (DEIK), saw high-level officials from both countries painting a rosy picture of future collaborations.

Türkiye's exports reached $23.6 billion in October, marking a historic high for the month, Trade Minister Ömer Bolat has announced.

Speaking at an event organized by the Turkish Exporters Assembly (TIM) in Türkiye's Mediterranean resort city of Antalya on Nov. 2, Bolat highlighted that the country's exports grew by 3.6 percent compared to October last year.

Trade Minister Ömer Bolat has reaffirmed that all trade with Israel remains suspended until a permanent cease-fire is declared in Gaza and uninterrupted humanitarian aid flows resume to the Palestinian enclave at sufficient levels.

President Recep Tayyip Erdoğan and his Venezuelan counterpart Nicolas Maduro on Wednesday discussed bilateral ties in the Russian city of Kazan, the site of a summit of the BRICS group of countries.

During the meeting, Erdoğan and Maduro spoke about bilateral relations and regional and global issues, Türkiye's Communications Directorate said in a statement.

President Recep Tayyip Erdoğan arrived in Russia on Wednesday for talks at the BRICS summit in Kazan.

The two-day summit takes place as the international community is expressing growing concerns over the continued regional conflicts in the Middle East and Eurasia.