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New Mongolian factory to be creation of Turkey-Eurasia Foreign Trade Bridge |
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Friday, 04 January 2008 |
 Some fifteen months after the
creation of a Turkey-Eurasia business partnership, agreements worth
over $1.5 billion have been announced by participating countries, including
Mongolia. According to agreements, a
brick factory will be built in Mongolia to export building materials
throughout the member countries. This initiative follows the
October, 2006 meeting in Istanbul which included representatives of
Russia, Ukraine, Belarus, Azerbaijan, Kazakhstan, Uzbekistan, Kyrgyzstan,
Turkmenistan, Tajikistan, Mongolia, Georgia and Moldavia. At the meeting
the countries jointly created the “Turkey-Eurasia Foreign Trade Bridge.”Turkish State Minister for
foreign trade, Kursat Tuzmen, said at the time, “The borders among
the Black Sea, the Caspian and the Mediterranean will be removed with
the new partnerships to be established. We will make the 23 million
square meters area a free trade zone.” The first results of this meeting
include the Mongolian brick factory, a $25 million pipeline project
in the Ukraine, a $1.5 million toilet paper production facility in Tajikistan,
the establishment and joint operation of a flour factory in Kazakhstan,
and the sale of Turkish carpets in Kazakhstan.
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