Turkish President Recep Tayyip Erdoğan and Canadian Prime Minister Mark Carney met to announce a new strategic partnership focused on enhancing economic ties. The leaders discussed plans to increase trade and investment, with a goal of expanding the current trade volume of approximately $3 billion.
Erdoğan highlighted the ambition to grow trade, stating, "Atacağımız adımlarla 3 milyar dolar civarında seyreden ticaret hacmimizi ilk olarak 5 milyar, akabinde 10 milyar dolara çıkarmayı temenni ediyoruz." (With the steps we will take, we aim to increase our trade volume from around 3 billion dollars first to 5 billion, and then to 10 billion dollars.)
The partnership includes plans to establish a joint economic and trade committee to oversee the expansion of trade and investment. Both leaders emphasized the importance of starting Free Trade Agreement negotiations to facilitate this growth.
The partnership will focus on key sectors such as energy, trade, transportation, and defense to drive economic collaboration.
Erdoğan and Carney discussed joint investment opportunities in third countries. The partnership will focus on key sectors such as energy, trade, transportation, and defense to drive economic collaboration.
An agreement for direct flights between the two countries was signed as part of the new cooperation efforts.
The meeting marks a significant step in Turkey-Canada relations, with both leaders committed to achieving ambitious trade targets and deepening cooperation across multiple sectors. The strategic partnership is poised to unlock new opportunities for economic growth.