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Aftermath the visit of Turkish FM to India

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Tuesday, 12 February 2008

Turkish Foreign Minister Ali Babacan ended his 3 days visit to India on Sunday. During his contacts he repeatedly mentioned that Turkey and India should enhance their relations furher by reason of having common values, economic, strategic interests.

During his visit, Babacan drew attention to Turkey's FDI increasing from $1 billion to $21 billion between 1999 and 2007 throuhg privatization of state industries and simplifying the procedure of setting up companies and related that with India's great potential by means of its 1.2 billion population, saying that 300 million Indians were members of a high-income group. Babacan emphasized that the Indian companies would not be subject to any quotas or customs tariffs when they come to Turkey. This invitation is strengtened by a cooperation platform protocol signed by Union of Chambers & Commodity Exchanges of Turkey (TOBB) and Indian Chamber of Commerce & Industry. Before his trip to National Gandhi Museum, Turkish Foreign Minister had a meeting with Indian Foreign Minister Pranab Mukherjee resulted with an aggreement after an hour lasting meeting ,targeting to remove the visa requirement for diplomatic passport holders traveling between the two nations.

In addition to these, because of having a lot of economic synergies with India, it is wished to sign o free trade aggreement between two countries.

Having regard to connection flights, new direct flights from İstanbul to New Delhi and Mumbai are shown as a proof of expanding relations between two countries.

Energy policies and coorparation wishes are also argued during the visit. Babacan said that energy was showing way to cooperate as The Turkish Petroleum Company was working with Indian companies in Libya and Gail, largest gas transmission and marketing company in India, is involved in Turkey's pipelines as is Indian Oil Corporation, which is partly constructing the Samsun-Ceyhan pipeline.

Another energy issue in which cooperation is considered, is nuclear energy. Indian Foreign Minister Pranab Mukherjee told that his country looked warmly to partnership for the peaceful acquisition of nuclear energy.

One other common point of these two countries is their joint working group on terrorism. Usage of this group as a transmitter of information is planned to combat terrorism and agreed that it should meet more often.

Turkish Prime Minister Ali Babacan's visit is considered as a new page and a fresh look at relations between two countries and starting new ares because it was the first prime minister visit to India for the last 30 years. Thanks to having mutual willingness of both countries, it is decided to push for more close relations and it is recorded that a date for a visit by Turkish prime minister Recep Tayyip Erdogan to India is worked on.

Zeynep Muftuoglu (JTW)

Tuesday, 12 February 2008

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Journal of Turkish Weekly (JTW)
USAK House,
Ayten Sok. No:21
Mebusevleri, Tandogan, Ankara, Turkey