Trade diplomacy traffic between the USA and Turkiye is expected to increase in the coming months

Jennifer Miel, Executive Director of the USA-Turkiye Business Council of the US Chamber of Commerce, stated that the USA and Turkiye are expected to hold many important trade and investment talks in Washington and Ankara in the coming months.

The intense diplomacy carried out by Turkiye at the NATO Leaders’ Summit and the positive results of President Recep Tayyip Erdogan’s meeting with USA President Joe Biden excited the Turkish and American business world. This situation also increased the expectations that the political momentum gained by Turkiye at the NATO Leaders’ Summit could be turned into a business and investment opportunity.

Miel, Executive Director of the US-Turkiye Business Council of the USA Chamber of Commerce, made assessments about the recent positive developments in Turkiye and the US relations to the AA correspondent.

“The United States and Turkiye are expected to hold many important trade, investment and regulatory talks in Washington and Ankara in the coming months. With more high-level cooperation between the United States and Turkiye, these talks will yield results for both sides,” Miel said.

Miel stated that these talks will bring Turkish policymakers together with their USA counterparts to improve market access and deepen cooperation in the fields of digital commerce, energy and climate. He said that the private sector will contribute to these government talks and will come together to convey the impact of government regulations on the real economy.

“USA companies closely follow macroeconomic reforms in Turkiye”

Jennifer Miel said, “U.S. companies, in general, are keeping a close eye on macroeconomic reforms and improvements in the business environment in Turkiye. The new economy team is off to a good start.”

Stating that the NATO Leaders’ Summit gave a strong signal of unity especially to defense and aerospace companies, Miel said that the 16th International Defense Industry Fair (IDEF 2023), which will be held in Istanbul on 25-28 July, will benefit from the latest developments.

Miel stated that US companies will meet with Turkish officials during IDEF and at the United Nations General Assembly to be held in New York in September, “The US Chamber of Commerce US-Turkiye Business Council will take a delegation of US companies to Ankara and Istanbul in October to celebrate the 100th anniversary of the Turkish Republic and 100 years of friendship between the US and Turkish businesses.”

Source: AA / Prepared by Irem Yildiz

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