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Trkiye-China Forum Advances Green Development and Technology Collaboration

Istanbul:Business leaders and senior officials from Trkiye and China convened in Istanbul for the Trkiye-China Green Development Business Forum to enhance bilateral economic cooperation, focusing on green development and technological ties.

According to Anadolu Agency, the event, co-organized by Trkiye's Foreign Economic Relations Board (DEIK) and the China Council for the Promotion of International Trade (CCPIT), included participation from notable figures such as Turkish Vice President Cevdet Yilmaz and Chinese Vice President Han Zheng, alongside other ministers and industry leaders.

DEIK President Nail Olpak highlighted the economic potential and achievements of Trkiye and China, emphasizing China's leadership in green technology and Trkiye's strategic position as a production and export hub. He advocated for leveraging these strengths to address global competition and uncertainties.

Olpak underscored the importance of balanced trade with China for sustainability, noting that Chinese high-tech investments and incentives, particularly under the HIT-30 program and Istanbul Finance Center, would aid in achieving this balance. He also mentioned the active role intended for Trkiye in the Belt and Road Initiative and Middle Corridor.

DEIK Trkiye-China Business Council Chairman Aydin Mistacoglu outlined the forum's focus on turning economic potential into tangible projects, mutual investments, and long-term partnerships, especially in renewable energy and low-carbon industries. The proposed Trkiye-China Technology and Innovation Center aims to facilitate technology sharing and cooperation.

The forum concluded with panel discussions on green energy supply chains, Middle Corridor trade balance, and business-to-business meetings, setting the stage for future collaborations.