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Caspian Energy Journal Caspian European Club
Tuesday, 26 February 2019 14:00

87% of Turkey's foreign trade is made via sea lanes, Cahit Turhan

87% of Turkey's foreign trade is made via sea lanes, Cahit Turhan

Minister of Transport and Infrastructure of Turkey Cahit Turhan has made a speech at the opening ceremony of the international maritime exhibition Avrasya Boat Show in Istanbul, Caspian Energy News (www.caspianenergy.net) reports with reference to the press statement of AK Parti (Justice and Development Party of Turkey).

The Turkish maritime sector is worth $17.5 billion, while the industry employs one million people, Cahit Turhan said.

Turkey has a huge geographical advantage to have a say in maritime trade and maritime sector in the world, the minister said.

"Eighty-seven percent of Turkey's foreign trade is made via sea lanes, the Mediterranean Sea's share in the world sea transportation sector is over 25 percent," he noted.

Turkey ranked 3rd in the world among boat producing countries, the minister said.

More details: https://www.akparti.org.tr/en/news/turkey-has-huge-geographical-advantage-to-have-a-say-in-world-maritime-sector/

Person in charge of the newsline: Olga Nagiyeva 

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