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China-Turkey new agreements !!!

cabatli_53

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-Both country agreed on using own currencies in billateral trade.
-Constructing a railway from Peking to Istanbul are on schedule
-Current trade volume between China-Turkey is 17 billion $. Both counterpart presents their ambitious to increase this amount towards 50 billion $ for 2015, 100 billion $ for 2020.


When New development occured the agenda, I will try to update them in here...
 
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Meeting over? Press conference, I guess? Is it on Turkish TV channel live?

They made a press conference on Turkish TV's and Turkish websites started introducing the results. Most probably, The meetings will be kept countinued...

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They made a press conference on Turkish TV's and Turkish websites started introducing the results. Most probably, The meetings will be kept countinued...

Thank you.

I was told both PMs will hold joint press conference, so i guessed. I think, the meeting isn't over yet. At least ten major agreements are supposed to be signed. Lets wait and see.

US media is not giving coverage. I am going to watch CCTV 9 now.
 
Transportation minister Binali Yildirim announced that Turkey and China signed two cooperation agreement related with Maritime, Information and Communication technologies... According to him, There are 8 new cooperation program planning to sign with China...
 
-Both country agreed on using own currencies in billateral trade.
-Constructing a railway from Peking to Istanbul are on schedule
-Current trade volume between China-Turkey is 17 billion $. Both counterpart presents their ambitious to increase this amount towards 50 billion $ for 2015, 100 billion $ for 2020.


When New development occured the agenda, I will try to update them in here...

what is the route of the railway??
 
China's Wen visits Turkey to boost bilateral ties

Chinese Premier Wen Jiabao is scheduled to hold talks in Ankara today as part of a landmark bilateral visit at the invitation of his Turkish counterpart, Recep Tayyip Erdoğan.

Ankara is the last stop of Wen's tour of Europe, which kicked off on Oct. 2 and has focused on how European countries can best recover from the global financial crisis. His visit will be the highest level visit between two countries since Turkish President Abdullah Gül's visit to Beijing in June. During Wen's visit, Turkey and China are expected to sign more than a dozen bilateral agreements in several fields, such as energy, telecommunication, transportation, health and foreign trade.

After his talks in Ankara, Wen is expected to proceed to İstanbul where he will meet with representatives of Turkish business sector. China is a key permanent member of the UN Security Council of which Turkey is also a temporary member, thus significant global issues as well as bilateral ties will be on the agenda of Wen's talks here.

Bilateral cooperation in the military field is a significant aspect of relations between Turkey and China and this draws the attention of some other countries. Back in 1996, Beijing agreed to transfer guided missile technology to Ankara, marking the start of Turkish-Chinese military cooperation in the field of defense.

Last month, China and Turkey held joint aerial exercises at Turkey’s training range in the Central Anatolian town of Konya, where Anatolian Eagle exercises are taking place between NATO allies and friendly countries. A leading Israeli daily suggested on Thursday that the United States and Israel are watching with concern the growing military cooperation among Turkey, China and Iran, especially following the aforementioned aerial exercises.

“The Obama administration protested Turkey’s military cooperation with Iran after it was reported that the Chinese fighter planes were sent to Turkey via Pakistan and Iran. The developing ties among Turkey, Iran and China are also reflected in weapons deals, with Iran mainly buying missile technology from China,” English-language Haaretz said.

Both China and Turkey favor resolving disputes through dialogue and with peaceful methods, Turkey’s Ambassador to China Murat Salim Esenli said in an interview with the Cihan news agency, when reminded of some reports in Turkish media that criticized the joint exercises with China.

“Having joint exercises with other countries is a sovereign right for any state. Some countries may have been annoyed but we have to understand the reason. They should come and explain what their problem is,” Esenli told Cihan.

“The second point is that we don’t perceive any threat from China. On the contrary, our perspectives on international issues overlap to a large extent. The reason for having these exercises is the fact that the problems faced by the two countries are similar,” Esenli said, noting that both Turkey and China have been fighting against international terrorism and both have been trying to secure and stabilize their borders.


08 October 2010, Friday

TODAY’S ZAMAN ANKARA

Source: China's Wen visits Turkey to boost bilateral ties
 
^^ important quotes from the above article;

“Having joint exercises with other countries is a sovereign right for any state. Some countries may have been annoyed but we have to understand the reason. They should come and explain what their problem is,” Esenli told Cihan.

“The second point is that we don’t perceive any threat from China."
 
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Turkey, China hail ‘strategic cooperation’ amid protests

The leaders of Turkey and China herald the beginning of a ‘strategic cooperation’ in their relationship after the countries sign a number of agreements in Ankara. Premier Wen Jiabao’s trip, however, draws protests from Uighur Turks who chant slogans opposing Chinese policy in Xinjiang.

The cementing of “strategic cooperation” between Turkey and China with a series of agreements signed in Ankara on Friday was overshadowed by pro-Uighur protesters angry at China’s policies toward its Turkic population.

The target of the protests, Chinese Premier Wen Jiabao, had held warm meetings with his Turkish counterpart that resulted in the new agreements.

“We have agreed to raise our relationship to the level of strategic cooperation,” Turkish Prime Minister Recep Tayyip Erdoğan told a joint news conference he held with Wen.

Turkey and China have set a timetable to reflect their growing ties in trade volume, which currently stands at $17 billion. Though the trade balance between the two countries is heavily in China’s favor, Turkish exports to China increased 62.8 percent in the first eight months of 2010 compared to the same period last year, reaching $1.451 billion. Turkish imports from China increased 37.9 percent, reaching $10.67 billion.

“We reached an agreement to increase our trade volume with China to $50 billion by 2015 and, in the second phase, to $100 billion by 2020,” Erdoğan said. “While trying to attain these figures, we decided to take one more step and carry out our trade in Turkish Liras and [Chinese] Yuan.”

The Turkish prime minister signaled the move would be an important step following Ankara’s policy of turning bilateral relations into strategic cooperation with both Russia and Iran.

Wen, the first Chinese premier to visit Turkey in eight years, said the new strategic partnership with Turkey “will be an important milestone and contribute to peace in the world.”

He added that the two countries agreed to work together to establish a joint mechanism to fight terrorism and extremism, while also praising Turkey’s role in the Middle East and its “good offices” regarding Iran’s nuclear program.

Following his discussions with Erdoğan, Wen traveled to Istanbul later in the day for a meeting with the city’s business community.

Visit attracts pro-Uighur protests

The Chinese premier’s visit drew a vociferous reaction from a group of people who chanted slogans denouncing Chinese policy in Uighur-populated Xinjiang, or Doğu Türkistan (East Turkistan), as it is known in Turkish.

Members of the East Turkistan Culture and Solidarity Association staged a protest in front of Wen’s hotel in Ankara, with one demonstrator tearing up a picture of the premier. Another protester attempted to throw a shoe at the Chinese leader as he was leaving the hotel to meet with Erdoğan but failed to connect with his target.

Some 184 people were killed in July 2009 rioting in Xinjiang. China blamed the ethnic unrest on exiled Uighur separatists, particularly Rebiya Kadeer, who is based in the United States. Kadeer has steadfastly denied the Chinese accusations and recently expressed a wish to stage a visit to Turkey at the same time as Wen.

Turkey, China strike eight deals

Amid the turmoil, representatives from Turkey and China signed eight separate agreements Friday on energy, transport, telecommunications and culture as part of efforts to diversify and deepen their bilateral relationship. Turkey’s ministers of energy, economy, industry and trade, transport and foreign affairs were all present at the ceremony at the Prime Ministry.

The agreements are as follows:

· A framework agreement on further expanding and deepening bilateral trade and economic cooperation;

· A memorandum of understanding on initiating a joint study for a medium- to long-term development plan on bilateral trade and economic cooperation;

· An memorandum of understanding on enhancing cooperation on infrastructure, construction and technical consulting services in third countries;

· A memorandum of understanding on the composition of the joint working group on the new Silk Road connection;

· A plan for implementing a cultural exchange and cooperation project for 2010-2013;

· A memorandum of understanding on cooperation in the fields of information and communication technology;

· A memorandum of understanding to secure cooperation on transport, infrastructure and maritime affairs; and

· An agreement on railway cooperation.

Short URL: Turkey, China hail ‘strategic cooperation’ amid protests | TRDEFENCE
 
Great news. China and Turkey working together will be a great benefit to both nations.

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Chinese Premier Wen Jiabao meets with Ihsan Arslan (5th L), president of the Turkish-Chinese Friendship Group of the Grand National Assembly of Turkey, and main members of the friendship group in Ankara, capital of Turkey, Oct. 8, 2010. (Xinhua/Pang Xinglei)

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A trade volume of $ 100 billion is a very very high number, I really hope it will be realized. The problem is that Turkey and China are fierce rivals in electronics, construction, textiles etc... especially in the Middle East and North Africa regions the competition between Turkish and Chinese companies is fierce.
 
-Both country agreed on using own currencies in billateral trade.
-

To me this is the single most salient bit. Of course, as in anything, the devil is in the details and in implementation.

A trade volume of $ 100 billion is a very very high number, I really hope it will be realized. The problem is that Turkey and China are fierce rivals in electronics, construction, textiles etc... especially in the Middle East and North Africa regions the competition between Turkish and Chinese companies is fierce.

Thanks for the informative bit. It's America's currency, and everybody else's fight.
 

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