Administration of FEZ Grodnoinvest took part in online meeting on cooperation with Turkey
On June 24, an online meeting «Turkey - Belarus: prospects for the development of trade, economic and business cooperation» was held on the basis of Zoom platform. The event was organized by BelCCI and Council for Foreign Economic Relations of Turkey (DEIK).
Ambassadors Extraordinary and Plenipotentiary Viktor Rybak and Mustafa Ozcan, co-chairs of the Belarusian-Turkish Business Council Dmitry Dichkovsky and Yilmaz Soizhan, representatives of business and government of two countries spoke at the online meeting.
The parties discussed the development of relations in financial, logistics, industrial and trade spheres, characterized the current dynamic of mutual trade and investment cooperation, and touched upon the constraining factors of increasing business activity between two countries.
In recent years, cooperation between FEZ Grodnoinvest and the Republic of Turkey has been actively developing. According to the results of 2019, trade turnover amounted to more than 6 million US dollars and grew by 3.5 times over five years. Residents of FEZ export chemical and food products, furniture, etc.
In FEZ Grodnoinvest operates a resident with the Turkish capital Europlastex Invest Ltd. The company is implementing a project on development of a vertically integrated complex for the production of cotton yarn and products from it.
Promising areas of cooperation with Turkish companies are the implementation of investment projects in logistics and industrial sectors, industrial and commercial cooperation in chemical, woodworking, engineering and textile industries.