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Economic Cooperation Between Türkiye and Italy Strengthens

2026-07-15

Economic Cooperation Between Türkiye and Italy Strengthens

Minister of Trade Ömer Bolat attended the closing session of the Türkiye-Italy Business Forum held in Istanbul. Aimed at developing economic relations between the two countries, the event addressed increasing trade volume and new investment opportunities.

In his speech, Minister Bolat drew attention to the interest of Italian companies in Türkiye. Stating that the total investments of Italian firms in Türkiye have reached 3.5 billion dollars, Bolat expressed that this figure demonstrates the strong commercial ties between the two countries.

At the meeting, it was emphasized that cooperation should be increased in strategic sectors such as energy, automotive, and technology. It was noted that the utilization of production capacity in Türkiye by Italian investors would contribute to the economic growth of both countries.

Türkiye and Italy are seen as two important partners that complement each other in terms of trade relations with the European Union. Officials announced that efforts will continue to carry the bilateral trade volume to higher levels in the coming period.

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