Treasury and Finance Minister Mehmet Şimşek on Thursday mentioned Türkiye was dedicated to advancing its strategic partnership with the United States in all fields.
Şimşek’s remarks got here following what he mentioned have been “productive discussions” with U.S. Treasury Secretary Scott Bessent in Washington.
The talks have been held in a “constructive atmosphere” targeted on advancing Türkiye-U.S. relations, an earlier assertion by the Treasury and Finance Ministry mentioned.
Şimşek mentioned Türkiye is “committed to deepening & broadening our strategic partnership with the United States across all fronts – from trade & investment to defense, space, energy, AI & robotics.”
“The potential for our cooperation is enormous, with huge upside for both nations,” he wrote on social media platform X.
“We look forward to building on this momentum to drive economic growth, technological advancement, and invest in regional peace and security.”
It was not instantly clear whether or not the officers mentioned tariffs that U.S. President Donald Trump introduced final month and that went into impact earlier this month.
Türkiye is among the many economies topic to the bottom “reciprocal” U.S. tariff of 10% and is considered as being amongst a handful of nations rising as potential winners.
Ankara has referred to as them the “best of the worst,” given increased tariffs on many different nations.
Türkiye will nonetheless search to be exempted from the tariffs, Trade Minister Ömer Bolat mentioned on Wednesday, forward of his go to to the U.S. subsequent month, citing a commerce surplus that’s in favor of the United States.
The U.S. is Türkiye’s second-largest commerce accomplice after the European Union.
“It is natural for the U.S. to prioritize the countries with which it has a foreign trade deficit in the measures it takes. The U.S. has a surplus in relation to us. In that sense, we expect the 10% tariff to be removed. This will be our concrete demand,” Bolat mentioned.
The assertion by Şimşek’s ministry mentioned he touched on cooperation alternatives within the fields of funding and commerce, transportation and vitality, and emphasised the significance of lifting present restrictions to make sure cooperation within the protection business.
The events additionally exchanged views on regional points.
“We pointed out the need to lift sanctions imposed on Syria, and explained the contributions that Türkiye could provide to ensure a cease-fire and peace in Ukraine,” the assertion mentioned.
Şimşek was accompanied by the Central Bank of the Republic of Türkiye (CBRT) Governor Fatih Karahan.
Bessent mentioned talks have been “broad and deep,” and targeted on how the U.S. and Türkiye can improve financial engagement.
The assembly additionally addressed cooperation within the Middle East, in addition to within the context of Ukraine and Russia, he wrote on X.
“I also emphasized the Trump Administration’s commitment to the maximum pressure campaign against Iran.”
Şimşek was in Washington this week to attend the annual conferences of the International Monetary Fund and the World Bank.
Source: www.dailysabah.com