ISTANBUL - Turkish State Minister Kursad Tuzmen said Thursday he believes Turkey's textile and ready-made clothing turnover will climb to 150 billion USD.
"Turkey is in the eighth place in world textiles, and the fourth in ready-to-wear industry," Tuzmen told in the inauguration ceremony of the 11th International Fashion Fair in Istanbul.
Tuzmen said Turkey's textile exports were up 17 percent and ready-made clothing exports were up 16 percent in 2007 despite extra-valuable new Turkish liras (YTL).
"Turkey earned 9.5 billion USD from textile exports, and 13 billion USD from ready-to-wear exports last year," he told.
250 firms are participating in the fair which will host a fashion show by designer Ozlem Suer on Thursday evening.
French designer Jean Luc Amsler will organize a fashion show on the second day of the fair.
Ready-made clothes, knitwear, sportswear, underwear, socks, denim and accessories are on display in the fair that will close on February 9th.