Turkey, Germany pledge to boost economic and strategic relations

Turkey and Germany pledged on Friday closer economic and strategic ties between the two countries, following a high-level meeting of their finance, economy and energy ministers in Berlin.

Turkish Treasury and Finance Minister Berat Albayrak said the two countries were sharing same positions on many global political and economic issues, and their differences on a number of issues were not an obstacle for a closer relationship.

“We have entered a new period in our bilateral relations, we want to further enhance our ties by adopting a sincere and constructive approach, by taking strategic steps” he said.

“I firmly believe that in the coming days Turkey and Germany will take stronger steps towards a strategic cooperation,” he stressed.

Albayrak made the remarks at a joint news conference with Germany’s Vice Chancellor and Finance Minister Olaf Scholz, and Economy and Energy Minister Peter Altmaier, following their meeting in Berlin.

Turkey’s Trade Minister Ruhsar Pekcan, and Energy and Natural Resources Minister Fatih Sonmez also attended the meeting. 

Albayrak said during the meeting they also reviewed preparations for Turkish President Recep Tayyip Erdogan’s upcoming official visit to Berlin next week.

“I believe that following this important visit of our president to Germany, we would achieve very positive results, not only in terms of Turkey-Germany relations, but also in terms of Turkey-European Union relations,” he said.

Erdogan is scheduled to pay a key visit to Berlin on Sept. 28-29, which would be his first official visit to Germany since 2014.

Political relations between Ankara and Berlin suffered several setbacks in the past years, but both sides took steps in the recent months towards improving their ties.

EU heavyweight Germany remains Turkey’s main economic and trade partner. In 2017, the bilateral trade volume reached $43.6 billion (€37.6 billion).

Germany is also significant for Turkey as more than three million people of Turkish origin are living in the country. Many of them are second- and third-generation German-born citizens whose Turkish grandparents moved to the country during the 1960s.