China pledges to boost imports, encourage firms to invest in Turkey
- Foreign Minister Wang Yi also tells Turkish counterpart Hakan Fidan that Beijing will support businesses to use local currency for trade
- Both sides called for more bilateral cooperation, including on the Belt and Road Initiative, during meeting in Ankara
China said it was “willing to import more high-quality products from Turkey” and support businesses from the two countries to use local currency for trade settlement.
During a meeting in the Turkish capital Ankara on Wednesday, Wang emphasised their similarities as developing countries and emerging markets.
“The two sides should make good use of bilateral cooperation mechanisms such as the China-Turkey Intergovernmental Cooperation Committee, promote the interconnection of the Belt and Road Initiative and the Turkish Middle Corridor plan, and continue to promote cooperation in energy, education, culture and other fields,” Wang said, according to a Chinese foreign ministry statement.
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