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Increase in Exports

Turkey has witnessed a 75 per cent increase in exports to Iraq in the first two months of 2009, it has been reported...Compared to January and February 2008 export figures of £333.5 million, 2009 has seen export figures sore to £585 million over the same period, with a 75 per cent increase in exports to Iraq.

This Turkish investment in Iraq exports has increased due to a demand for electrical machinery and equipment, animal and vegetable oil, iron-steel goods, machinery and equipments, cement and furniture.The Turkish investment in Iraq and other neighbouring countries is seen as a win win situation by the Government.

As neighbouring countries continue to develop, their demand for Turkish exports increases, helping the country to prosper.

 

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