India, Turkey target $10 billion trade by 2020

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New Delhi, May 10 (UNI) India and Turkey have decided to increase their two-way trade to $10 billion from the current $8.6 billion by 2020.

Turkey’s Deputy Foreign Minister Sedat Onal and Secretary (West) in the External Affairs Ministry Gitesh Sarma co-chaired a meeting here on Wednesday as part of Foreign Office Consultations.

Both examined opportunities for enhancing investment between the two countries.

New Delhi and Ankara enjoy close, friendly and deep-rooted ties dating back to several centuries and share civilizational links. The recent political exchanges have imparted fresh momentum to our bilateral ties and opened several new avenues for cooperation.

Onal and Sarma also discussed enhancing cultural interaction, tourism, people-to-people contacts.

The two sides reviewed the current situation in their respective regions and exchanged views on several multilateral issues and as well as cooperation in the international organisations.

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