Kuching
26.2°C
Light rainLight rain
Samarahan
27.1°C
Patchy rain nearbyPatchy rain nearby
Serian
26.2°C
Light rainLight rain
Betong
25.1°C
FogFog
Sri Aman
25.1°C
FogFog
Sibu
24°C
Partly cloudyPartly cloudy
Mukah
24°C
Partly cloudyPartly cloudy
Sarikei
24°C
Partly cloudyPartly cloudy
Bintulu
26.4°C
Patchy rain nearbyPatchy rain nearby
Kapit
22°C
Light rainLight rain
Miri
25.1°C
Partly cloudyPartly cloudy
Limbang
27.3°C
Partly cloudyPartly cloudy
|
5 Mar 2026
Türkiye and Georgia Pursue $5B Trade Goal as Strategic Ties Deepen

Türkiye and Georgia Pursue $5B Trade Goal as Strategic Ties Deepen

Ankara — Türkiye and Georgia have set an ambitious target to boost their bilateral trade to $5 billion annually, marking a significant escalation in their strategic partnership, announced Presidents Recep Tayyip Erdoğan and Mikheil Kavelashvili at a joint press conference in Ankara on August 12.

The leaders reflected on recent trade achievements. Türkiye has long held the position as Georgia’s leading trade partner over the past 17 years, and Turkish contractors have completed over 300 projects worth $5.5 billion in Georgia.

Erdoğan emphasized the commitment to deepening mutual investments, with over 2,000 Turkish companies currently operating across Georgia.

The Baku–Tbilisi–Kars (BTK) Railway, dubbed “the backbone of the Middle Corridor,” remains vital to both countries’ shared vision of increased East–West connectivity. Both Presidents called for its full operationalization to enhance regional transport and trade.

The initiative builds on groundwork already laid by trade and infrastructure cooperation. Trade Minister Ömer Bolat confirmed that bilateral trade already surpassed $3.5 billion, with targets structured toward realizing the $5 billion goal.

Sources: Türkiye Today, Anadolu Agency, Daily Sabah

By Sarawak Daily

Your trusted source for Sarawak’s latest news, daily updates, stories & voices. Stay informed, stay connected.