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Türkiye and US advance talks toward $100 billion bilateral trade goal
Trade Minister Omer Bolat says discussions in Washington have strengthened the mutual commitment to reach $100 billion in annual trade with the US. He outlined Türkiye's vision for a long-term, predictable partnership during meetings with the US Trade Representative and business leaders.
12 December 2025
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Turkish economy records fourth straight monthly current account surplus
Türkiye posted a $457 million current account surplus in October, extending its positive run to four consecutive months. Strong tourism revenues were a key driver, though economists emphasize the need for broader industrial and high-tech exports to sustain the trend long-term.
12 December 2025
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Foreign direct investment into Türkiye rises 35% to $11.6 billion
Türkiye attracted $11.6 billion in foreign direct investment during the first ten months of 2025, marking a significant 35% annual increase. The Netherlands was the largest investor, with major inflows also from Kazakhstan and Luxembourg, while the transportation and wholesale sectors received the most capital.
12 December 2025
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Turkish central bank cuts policy rate to 38%, citing improving inflation trend
The Central Bank of the Republic of Türkiye has lowered its key policy rate by 150 basis points to 38%, aligning with market expectations. The bank pointed to better-than-expected November inflation data, driven by lower food prices, and a modest decline in the underlying inflation trend as reasons for the easing move.
11 December 2025
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Turkish trade minister heads to Washington for $100 billion trade talks
Turkish Trade Minister Ömer Bolat is set to travel to Washington on Friday for high-level negotiations aimed at doubling bilateral trade volume to $100 billion. The talks will focus on strategic cooperation in energy, defense, technology, and boosting mutual investment under a new roadmap.
11 December 2025
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Istanbul startup summit bridges Türkiye's tech entrepreneurs with global capital
The ongoing Take Off Istanbul summit is acting as a crucial bridge, connecting Türkiye's vibrant startup ecosystem with international investors. Senior officials highlight tailored support for founders and a suite of investment vehicles designed to attract foreign capital into the country's technology sector.
11 December 2025
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Turkish defense and aviation exports hit record high with 30% surge
Türkiye's defense and aviation sector has shattered its annual export record, achieving $7.4 billion in sales during the first eleven months of 2025, a 30% year-on-year increase. Officials credit the milestone to a successful focus on high-value products and growing competitiveness in the global arms market.
04 December 2025
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Türkiye's annual exports hit record $270.6 billion despite global headwinds
Turkish Trade Minister Ömer Bolat has announced that the nation's rolling annual exports have reached a historic high of $270.6 billion. While November saw a modest 2.2% year-on-year export increase to $22.7 billion, the consistent performance over 11 months solidifies the country's robust trade trajectory.
04 December 2025
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Turkish airline AJet launches daily Istanbul-Beirut service
Türkiye's low-cost carrier AJet has inaugurated a new daily flight route connecting Istanbul and Beirut. The inaugural flight was met with a ceremony in the Lebanese capital, marking an expansion of the airline's Middle Eastern network to boost tourism and trade.
02 December 2025
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Türkiye's Q3 GDP grows 3.7%, annual income tops $1.5 trillion
The Turkish economy expanded by 3.7% year-on-year in the third quarter of 2025, official data shows. Finance Minister Mehmet Şimşek announced the annualized national income exceeded $1.5 trillion and projected moderate growth to continue, supporting the disinflation trend.
01 December 2025
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Turkish firms to lead $4 billion Damascus airport expansion project
Turkish construction giants Kalyon Insaat and Cengiz Insaat will lead a consortium to modernize and expand Damascus International Airport. The $4 billion project will increase passenger capacity to 31 million annually and create over 90,000 jobs.
27 November 2025
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Türkiye and Saudi Arabia forge Halal Industry Partnership at Istanbul Summit
Türkiye's Halal Accreditation Agency (HAK) and the Saudi Food and Drug Authority (SFDA) have signed a cooperation agreement at the World Halal Summit in Istanbul. The memorandum of understanding aims to enhance collaboration in the global halal market through shared expertise and joint initiatives.
26 November 2025
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Turkish markets edge higher as BIST 100 rises at Tuesday open
Türkiye’s main stock index started Tuesday with a modest increase, adding just over 40 points compared to the previous session. The uptick came after a slight decline on Monday, while currency rates and global commodities, including gold and Brent crude, continued to shape investor sentiment across the domestic markets.
25 November 2025
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Digital Turkish Lira project advances to new preparation phase
The Turkish Central Bank is progressing with its Digital Turkish Lira initiative, with the second research and development phase nearing completion. The project focuses on privacy, technological flexibility, and interoperability while establishing a complementary payment infrastructure that maintains monetary sovereignty.
24 November 2025
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Türkiye E-Commerce Week explores AI future and major investments
The Türkiye E-Commerce Week in Istanbul is focusing on artificial intelligence, fintech, and major investments shaping the future of digital trade. Uber's Chief Business Officer highlighted the company's $200 million investment in a new Istanbul tech hub as a vote of confidence in Türkiye's technological talent and advanced production capabilities.
21 November 2025
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Istanbul hosts Türkiye E-Commerce Week to shape future of trade
The Türkiye E-Commerce Week has launched in Istanbul, gathering 17,000 participants to explore the future of digital trade. Organized by the Trade Ministry and key industry bodies, the event focuses on AI, digital transformation, and entrepreneurial innovation, highlighting the sector's rapid growth where one in every five transactions in Türkiye is now conducted online.
21 November 2025
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Türkiye welcomes 47 million tourists in first 10 months of 2025
Official data shows Türkiye attracted 47.25 million foreign visitors from January to October 2025, nearly matching last year's record pace. The tourism surge was led by Istanbul and Antalya, which together accounted for over 66% of all arrivals. Russian tourists formed the largest visitor group, followed by Germans and British travelers.
21 November 2025
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Google and Turkcell announce $3 billion cloud investment in Türkiye
A major $3 billion cloud infrastructure investment in Türkiye has been unveiled through a partnership between Google and Turkcell. The project, which includes a new Google Cloud region, is hailed by Turkish officials as a testament to international confidence in the nation's economy and a catalyst for further technological investments.
20 November 2025
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Turkish exporters seek EU exemption from new customs rule
Turkish business leaders are urging the European Union to grant Türkiye an exemption from its plan to eliminate the €150 customs duty exemption for small e-commerce parcels. They argue that the measure, aimed at China, would unfairly harm Turkish SMEs and disrupt the existing Customs Union partnership, potentially damaging a key export channel.
20 November 2025
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