British Foreign Trade Minister Liam Fox on Wednesday stressed the importance of Turkey’s geopolitical position as Britain’s partner.
This came during his speech at the opening yesterday of the Turkish-British Business Forum in London.
“It will not be absurd for British politics and media to show a little understanding of Turkey’s difficulties,” Fox said.
Turkey and Britain are likely to do much for each other. He added that the two countries aim to reach the volume of trade between them to 20 billion dollars.
According to the British minister, exchange of goods and services between Turkey and Britain saw an increase of 14.6 percent.
He pointed out that Britain is the second largest market for Turkish exports, while Turkey is a market larger than the Indian, Russian and Brazilian for British exports.
According to British data for 2016, Turkish investment in Britain has increased by more than 20 percent.
He pointed out that Turkish investment has increased in Britain, where there are more than 200 Turkish companies doing business including such majors as “Pico”, “Vestel” and “Sumit Saray.”
The British minister noted that more than 1.6 million British tourists visited Turkey in 2017.
By the end of 2018, the number is expected to reach 3 million British tourists.
He explained that Turkey’s geographical location is a starting point for British companies to the Middle East, Central Asia and Europe.