PORTO, Portugal

The trade volume between Turkey and Portugal can top $5 billion if the countries cooperate in their areas of influence, a Turkish business leader told Anadolu Agency.

Ozer Oz, head of the Foreign Economic Relations Board’s (DEIK) Turkey-Portugal Business Council, stressed that the current bilateral trade volume falls well short of its potential as well as both sides’ targets.

“We should try something new to boost the bilateral trade volume with Portugal such as focusing on Portuguese-speaking countries,” Oz underlined.

Turkey should be chosen as a production hub rather than Far Eastern countries, he suggested.

He highlighted that

Read more: Cooperation in key areas can boost Turkey-Portugal trade