Turkey-China ties record an uptick as cooperation over trade and tourism deepens
1 year, 8 months ago

Turkey-China ties record an uptick as cooperation over trade and tourism deepens

Firstpost  

Although the economic relationship between Turkey and China remained stagnant for many years, recent developments have led to increased cooperation in many areas including tourism and transportation. Trade volume was $24 billion in 2020 China is one of Turkey’s important trade partners in East Asia. Developing BRI cooperation Cooperation between Turkey and China is developing in the Belt and Road Initiative project, which aims to revive the historical Silk Road as announced by President Xi in 2013. In this context, the Agreement on the Harmonization of the Silk Road Economic Belt and the 21st Century Maritime Silk Road and the Middle Corridor Initiative was signed in 2015 in order to align the “Middle Corridor” project proposed by Turkey with China’s “Belt and Road” initiative between the two countries.

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