ANKARA (AA) - Turkish State Minister Kursad Tuzmen said on Wednesday that Turkey should give more priority to projects of the World Trade Organization (WTO) since its share in world trade was gradually increasing.
Making a keynote speech at the meeting of ''Coordination Committee with World Trade Organization'', Tuzmen said, ''Turkey had a foreign trade volume of 85 billion U.S. dollars in 2002. But, this figure has risen to 160 billion U.S. dollars in 2004. This means two-folds of increase.''
After talks which aimed to facilitate trade were concluded, a new global liberalization process would begin, Tuzmen stated.
Tuzmen pointed out that liberalization of trade and lifting of subsidies would make 1.5 trillion U.S. dollars of contribution to revenues of developing countries, and thus 320 million people would be saved from poverty.
Turkey, making about 60 percent of exports to industrialized countries, would seize new market opportunities after new rules and disciplines were set to facilitate trade within the scope of Doha Development Agenda.
(BRC-MS)
2004-12-29