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A Turkish-US business council is projecting Turkey as a trading alternative to China with the help of influential US Republican Senator Lindsey Graham, a close associate of President Donald J. Trump. Turkey aims to replace China’s position as a prominent trading partner of the USA, as China’s geopolitical ambitions increase Sino-US tensions.
The Turkish effort comes two weeks after President Recep Tayyip Erdogan heralded a new era in long-strained relations with Washington.
Turkey making efforts to improve economic ties with USA
Mr. Graham’s agreement to participate in a webinar organized by the Turkey American Business Council (TAIK), an affiliate of the Foreign Economic Relations Board of Turkey (DEIK), the country’s oldest and largest business association, comes amid Turkish efforts to improve relations with the United States as a hedge to its ties to Russia.
“The growing rift between the United States and China creates significant opportunity for geopolitical cooperation. Turkey and the United States would both benefit economically,” said a Turkish businessman.
Read more: Here’s why allies Russia and Turkey fighting each other in Libya
Criticism of China’s handling of the coronavirus pandemic has widened the gap between Washington and Beijing and sparked calls for diversification of China-centric global supply chains.
Already hard hit, Turkey’s economy has suffered further body blows as a result of the pandemic at a time that Turkish and Russian forces have in recent months ended up on opposite sides of battles in northern Syria and Libya.
Turkey trying to cash in its presence in Libya
Forces of the Turkish-backed, internationally recognized Islamist Government of National Accord (GNA) drove Russian-supported rebels led by self-appointed Field Marshall Khalifa Haftar out of western Libya in recent weeks after Turkish electronic warfare and drones whacked Russian anti-defense missile systems.
Rejecting calls by Egypt and Mr. Haftar for a negotiated end to the Libyan conflict, the GNA has vowed to push further by taking the Haftar-controlled, oil-rich south-eastern city of Siirt. Turkey has seconded the GNA’s refusal to negotiate with Mr. Haftar.
Egyptian President Abdul Fattah Al-Sisi suggested this weekend that Egyptian troops could intervene if GNA forces attacked Siirt. An Egyptian intervention could lead to a battlefield confrontation with Turkey and further muddle Turkish attempts to manage differences with Russia.
Read full article...
Turkey makes move to benefit from USA – China trade war
A Turkish-US business council is projecting Turkey as a trading alternative to China with the help of influential US Republican Senator Lindsey Graham, a close associate of President Donald J. Trump. Turkey aims to replace China’s position as a prominent trading partner of the USA, as China’s geopolitical ambitions increase Sino-US tensions.
The Turkish effort comes two weeks after President Recep Tayyip Erdogan heralded a new era in long-strained relations with Washington.
Turkey making efforts to improve economic ties with USA
Mr. Graham’s agreement to participate in a webinar organized by the Turkey American Business Council (TAIK), an affiliate of the Foreign Economic Relations Board of Turkey (DEIK), the country’s oldest and largest business association, comes amid Turkish efforts to improve relations with the United States as a hedge to its ties to Russia.
“The growing rift between the United States and China creates significant opportunity for geopolitical cooperation. Turkey and the United States would both benefit economically,” said a Turkish businessman.
Read more: Here’s why allies Russia and Turkey fighting each other in Libya
Criticism of China’s handling of the coronavirus pandemic has widened the gap between Washington and Beijing and sparked calls for diversification of China-centric global supply chains.
Already hard hit, Turkey’s economy has suffered further body blows as a result of the pandemic at a time that Turkish and Russian forces have in recent months ended up on opposite sides of battles in northern Syria and Libya.
Turkey trying to cash in its presence in Libya
Forces of the Turkish-backed, internationally recognized Islamist Government of National Accord (GNA) drove Russian-supported rebels led by self-appointed Field Marshall Khalifa Haftar out of western Libya in recent weeks after Turkish electronic warfare and drones whacked Russian anti-defense missile systems.
Rejecting calls by Egypt and Mr. Haftar for a negotiated end to the Libyan conflict, the GNA has vowed to push further by taking the Haftar-controlled, oil-rich south-eastern city of Siirt. Turkey has seconded the GNA’s refusal to negotiate with Mr. Haftar.
Egyptian President Abdul Fattah Al-Sisi suggested this weekend that Egyptian troops could intervene if GNA forces attacked Siirt. An Egyptian intervention could lead to a battlefield confrontation with Turkey and further muddle Turkish attempts to manage differences with Russia.
Read full article...
Turkey makes move to benefit from USA – China trade war
