Bolat

Following controversy over the Turkish National Women's Volleyball Team's 13-hour economy class flight to the United States, Transport and Infrastructure Minister Abdülkadir Uraloğlu has intervened and pledged that the team would travel business class on their return journey.

Harsher fines are being considered for stockpiling and exorbitant prices, Trade Minister Ömer Bolat has unveiled, noting that respective legislation will be submitted to parliament.

"We have completed our work as part of the efforts to fight excessive price increases. Soon we will forward it to parliament," Bolat said in an interview with private broadcaster CNN Türk.

Turkish Airlines has launched scheduled flights to Australia's Melbourne and hopes to start flights to Sydney by the end of the year.

The first plane on route to Melbourne departed from Istanbul Airport on March 1 with 349 passengers, including Ahmet Bolat, chairman of Turkish Airlines, and a group of journalists. 

Türkiye and Ukraine have signed a document to set up the Turkish-Ukrainian Reconstruction Task Force that will allow Turkish companies to take part in the infrastructure projects in Ukraine.

The deal was inked during the forum on the reconstruction of Ukraine, organized in Istanbul on Jan. 31.

Britain's Business and Trade Secretary Kemi Badenoch paid a visit to Türkiye to strengthen business links ahead of the expected launch of trade deal talks later this year, said the U.K.'s Department of Business and Trade in a statement on Jan. 5.

As part of her visit to the country, Badenoch met with her Turkish counterpart, Ömer Bolat.

Turkish Airlines (THY) has chosen the Hollywood superstar Margot Robbie as the new face of its advertising campaigns to promote its upcoming flight route to Australia and boost its global appeal.

Türkiye wants to increase the bilateral trade volume with Kuwait from its current level of around $1 billion, Trade Minister Ömer Bolat has said.

Bolat traveled to Kuwait on Nov. 7, accompanied by a large delegation of Turkish businesspeople to hold high-level talks.

More than 1,900 companies have been handed administrative fines totaling 137 million Turkish Liras over unfair price increases, Trade Minister Ömer Bolat has said.

They are closely monitoring companies that negatively impact consumers through exorbitant price hikes and put well-intentioned businesses under suspicion, the minister added.

Türkiye aims to increase its bilateral trade with Egypt to $15 billion in five years, Trade Minister Ömer Bolat has said.

Bolat was in Egypt last week to hold talks with high-level officials, including Prime Minister Mostafa Madbouly and Trade and Industry Minister Ahmed Samir Saleh.

A delegation of 175 Turkish businesspeople accompanied Bolat during his visit.

Türkiye is investing in modernizing its several border gates that are used for trade widely, Trade Minister Ömer Bolat has said.