ANKARA - Turkish Foreign Minister Ali Babacan and his German counterpart Frank-Walter Steinmeier are set to sign on Friday the foundation agreement of a Turkish-German university in Istanbul, German embassy in Ankara said in a statement on Thursday.
"This is a mile-stone in the academic cooperation between the two countries," the embassy said, describing the university as "the star project of the Ernst Reuter Initiative."
The university will have faculties of law, science, economics, social sciences and engineering.
Turkey will cover all expenses the construction of the university compound and the infrastructure.
(YMB-AÖ)