Mustafa Elita

"The immigration deal is very important for the European Union and relations with Turkey; actually it has the highest importance now," said European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici during an interview on April 25 in Istanbul. "We want to revitalize relations with Turkey in every field, including [the] economy.

Turkish President Recep Tayyip Erdo?an will meet high-level executives from some 25 multinationals on the Fortune 100 List in a bid to lure more investment to Turkey during his five-day visit to the United States. He is also expected to call for support for Turkey's participation in the Transatlantic Trade and Investment Partnership (TTIP).

Turkey and Pakistan have paved the way for a new free trade deal, which has the potential to reduce barriers in bilateral trade and investment.

Turkish Economy Minister Mustafa Elita? and Pakistani Commerce Minister Khurram Dastgir Khan inked the free trade agreement framework in the Pakistani capital of Islamabad on March 22.        

Turkish Economy Minister Mustafa Elita? has said 2016 has been named "Africa Year" in a bid to diversify Turkey's export markets, as the country's neighboring regions face deep economic problems amid the oil plunge and escalating security issues. 

Greek Prime Minister Alexis Tsipras arrived in the Aegean province of ?zmir for talks with his Turkish counterpart Ahmet Davuto?lu on March 8, a day after the two leaders attended the key EU-Turkey summit in Brussels. 

Greek Prime Minister Alexis Tsipras has arrived the Aegean province of ?zmir for talks with Turkish Minister Ahmet Davuto?lu. 

Tsipras was greeted by Economy Minister Mustafa Elita?, ?zmir Governor Mustafa Toprak and ?zmir Municipality Mayor Aziz Kocao?lu at the Adnan Menderes Airport at midday on March 8, Anadolu Agency reported.

Turkish President Recep Tayyip Erdo?an will visit four West African countries next week, in a new sign of Ankara's desire to be a major influence in the region.

The cabinet has signed a decision allowing more meat to be imported in order to block speculative moves that are hiking prices, Agriculture Minister Faruk Çelik said on Feb. 2. 

Turkey aims to boost trade with Latin America more than two-fold by 2023, in a bid to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East, Economy Minister Mustafa Elita? said on Feb. 1.

Turkey's annual trade deficit shrank by more than 25 percent to around $63.3 billion in 2015, the Turkish Statistics Institute (TÜ?K) said in a statement on Jan. 29. 

Steep decreases in energy costs enabled the country to post the lowest trade gap since 2009, according to analysts.