Trade Minister Omer Bolat’s participation in the Turkey-Slovakia Business Forum held in Bratislava has opened a new chapter in strengthening the economic and trade ties between the two countries. The forum brought together business leaders from Turkey and Slovakia, offering a platform to explore joint investment opportunities and partnership potential.
During his speech at the forum, Minister Bolat announced the discussion of new collaboration opportunities aimed at further deepening the economic relations between the two countries. He highlighted the goal of increasing trade volume to 3 billion dollars in the short term, and subsequently to 5 billion dollars, emphasizing the critical importance of cooperation in areas such as green transformation, digitalization, and mobility to achieve these targets. Bolat invited Slovak companies to take advantage of the investment opportunities offered by Turkey, underscoring Turkey’s economic dynamism, strategic location, and strong trade network.
The signing of the Founding Declaration of the Turkey-Slovakia Economy and Trade Joint Committee (ETOK/JETCO) was one of the forum’s highlights. The signing ceremony, attended by Minister Bolat and his Slovak counterpart Denisa Sakova, is considered a significant step forward in advancing the economic and trade relations between the two countries within a strategic partnership framework. Minister Bolat stated that this new institutional structure would facilitate closer cooperation and coordination between the business communities of both countries.
The trade volume reaching 2.3 billion dollars in 2023 stands as an indicator of the existing economic cooperation. Minister Bolat expressed that this success reflects the mutual determination of both countries to further strengthen their economic ties.
There is significant potential for collaboration, especially in the automotive, innovation, information technology, and renewable energy sectors. Minister Bolat mentioned that the ETOK/JETCO mechanism would be an essential tool for fully exploring and utilizing this potential between the two countries.
