Tuzmen Says Ukraine Asks Turkey's Support To Mass Housing Projects

ISTANBUL, Turkey -- Turkish State Minister Kursad Tuzmen said on Wednesday that Ukraine particularly asked Turkey's support to mass housing projects and opening of branches of Turkish banks in Ukraine.

Turkish State Minister Kursad Tuzmen

Speaking to reporters after the luncheon hosted by Turkish-Ukrainian Business Council in Istanbul, Tuzmen said that commercial relations between Turkey and Ukraine grew by 50-60 percent in the last two years and their bilateral trade volume reached 3 billion dollars in 2004.

Tuzmen stressed that the two countries would carry out great work in iron-steel, energy and industry areas. Tuzmen noted that the two countries would sign soon a free trade agreement which would provide free movement of goods, services and capital.

Tuzmen indicated that Ukrainian President Viktor Yushchenko would meet representatives of Turkish companies which thought of cooperating with Ukraine.

Tuzmen noted that Turkish construction companies should work more in Ukraine.

Source: Turkish Press