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BEIJING: (APP) Turkish Minister of Economy Nihat Zeybekci Sunday expressed interest in the China-Pakistan Economic Corridor (CPEC), saying that his country had been paying close attention to and hoped to take part in the programme.

The Turkish minister expressed these views while speaking at a business summit held on the sideline of the G20 Summit in Hangzhou, China.

Turkey could serve as a bridge connecting China and Europe, especially in terms of logistics, Nihat Zeybekci was quoted by official Xinhua news agency.

READ MORE: CPEC: A symbol of 65 years of successful Sino-Pak ties, says PM

The Turkish minister spoke highly of the initiative, noting that the ancient Silk Road had played a vital role in exchanges between countries.

He stressed the need to promote inter-connectivity in transport, human resources and information. Removing trade barriers was also of crucial importance, he added.

In their meeting on Saturday, Xi and his Turkish counterpart, Recep Tayyip Erdogan, agreed to advance cooperation in such fields as infrastructure, energy and counter-terrorism.

The two sides, Xi suggested, should work out concrete measures and projects to link the Belt and Road Initiative with Turkey’s development strategy.


The CPEC is part of the initiative on the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road (the Belt and Road Initiative), which was proposed by Chinese President Xi Jinping in 2013. It is aimed at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road routes.

Turkey is a founding member of the China-proposed Asian Infrastructure Investment Bank. It signed a memorandum of understanding with China in November 2015 on the harmonization of the Belt and Road Initiative with Turkey’s Middle Corridor project, a proposed regional transportation network between Turkey and China.
 
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View attachment 331793
BEIJING: (APP) Turkish Minister of Economy Nihat Zeybekci Sunday expressed interest in the China-Pakistan Economic Corridor (CPEC), saying that his country had been paying close attention to and hoped to take part in the programme.

The Turkish minister expressed these views while speaking at a business summit held on the sideline of the G20 Summit in Hangzhou, China.

Turkey could serve as a bridge connecting China and Europe, especially in terms of logistics, Nihat Zeybekci was quoted by official Xinhua news agency.

READ MORE: CPEC: A symbol of 65 years of successful Sino-Pak ties, says PM

The Turkish minister spoke highly of the initiative, noting that the ancient Silk Road had played a vital role in exchanges between countries.

He stressed the need to promote inter-connectivity in transport, human resources and information. Removing trade barriers was also of crucial importance, he added.

In their meeting on Saturday, Xi and his Turkish counterpart, Recep Tayyip Erdogan, agreed to advance cooperation in such fields as infrastructure, energy and counter-terrorism.

The two sides, Xi suggested, should work out concrete measures and projects to link the Belt and Road Initiative with Turkey’s development strategy.


The CPEC is part of the initiative on the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road (the Belt and Road Initiative), which was proposed by Chinese President Xi Jinping in 2013. It is aimed at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road routes.

Turkey is a founding member of the China-proposed Asian Infrastructure Investment Bank. It signed a memorandum of understanding with China in November 2015 on the harmonization of the Belt and Road Initiative with Turkey’s Middle Corridor project, a proposed regional transportation network between Turkey and China.

Entry port to Europe
 
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@wiseone2
Look How turkish are caring less :lol:

How are goods going to flow from Gwadar to Turkey ?? Assume no access to Iran or Iraq.

Without Iran or Russia the whole CPEC thing is narrow transport corridor of dubious economic value. It is more a strategic and military project to prop up Pakistan.

If Turkey wants to trade with China by land setup a Black Sea port in Russia and ship them to China. It is pretty simple.
 
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How are goods going to flow from Gwadar to Turkey ?? Assume no access to Iran or Iraq.

Without Iran or Russia the whole CPEC thing is narrow transport corridor of dubious economic value. It is more a strategic and military project to prop up Pakistan.

If Turkey wants to trade with China by land setup a Black Sea port in Russia and ship them to China. It is pretty simple.
And the turkish Minister is just too dumb ? right ?
 
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Before giving you guys an answer we should know better what this CPEC thing is you know... 99% of the Turks have probably never even heard of this or of Gwadar port let alone having an opinion about them.

I personally just know that it is a pretty big investment between China and Pakistan that will help both country's transport and trade but nothing more... I don't know any details on it but if we can make money from it I'm supporting it. :D
 
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Before giving you guys an answer we should know better what this CPEC thing is you know... 99% of the Turks have probably never even heard of this or of Gwadar port let alone having an opinion about them.

I personally just know that it is a pretty big investment between China and Pakistan that will help both country's transport and trade but nothing more... I don't know any details on it but if we can make money from it I'm supporting it. :D
This is the project,

http://www.worldaffairsjournal.org/article/path-sea-china’s-pakistan-plan
https://en.wikipedia.org/wiki/China–Pakistan_Economic_Corridor

The Gwadar Port is a part of the project,the biggest part.

https://en.wikipedia.org/wiki/Gwadar_Port
 
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How would CPEC help Turkey?
Not directly, but they could invest in profit making businesses, expand their own operations in Pakistan, using CPEC as a foundation, and even compete in contracts for infrastructural building using CPEC projects as a base to jump from.

If Turkey opens trade offices, and starts manufacturing plants in Pakistan, it would have quicker access to South Asian shipping lanes, in particular those linked to Gwadar and Karachi ports. If CPEC and Gwadar are even 50% as successful as originally envision, it would still be highly profitable for Turkey to get involved.

It is one of the reasons why even Iran and Russia are getting involved, because they see the massive potential profit in Pakistan's energy and infrastructure projects, where they both can offer their expertise.

Many people dismiss Pakistan's economic potential, especially with Nawas Sharif in power. Pakistan's economy is going to become massive within a few decades, no matter whom is in power, or how incompetent they are. All Pakistanis have to do is be patient, which is admittedly the hardest part, especially when you see politicians continue to steal from the nation and show incompetence when it comes to dealing with domestic and foreign issues.
 
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Not directly, but they could invest in profit making businesses, expand their own operations in Pakistan, using CPEC as a foundation, and even compete in contracts for infrastructural building using CPEC projects as a base to jump from.

If Turkey opens trade offices, and starts manufacturing plants in Pakistan, it would have quicker access to South Asian shipping lanes, in particular those linked to Gwadar and Karachi ports. If CPEC and Gwadar are even 50% as successful as originally envision, it would still be highly profitable for Turkey to get involved.

It is one of the reasons why even Iran and Russia are getting involved, because they see the massive potential profit in Pakistan's energy and infrastructure projects, where they both can offer their expertise.

Many people dismiss Pakistan's economic potential, especially with Nawas Sharif in power. Pakistan's economy is going to become massive within a few decades, no matter whom is in power, or how incompetent they are. All Pakistanis have to do is be patient, which is admittedly the hardest part, especially when you see politicians continue to steal from the nation and show incompetence when it comes to dealing with domestic and foreign issues.

Good explanation and makes sense, i was just looking at it from the transit point of view. Thank you for spending the time to explain :)
 
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China - Pakistan - Iran - Azerbaijian - Russia

China - Pakistan - Iran - Turkey and beyond

China - Pakistan - Iran - Iraq - Syria - Turkey and beyond

China - Pakistan - Iran - Iraq - Saudi Arabia

China - Pakistan - Iran - Iraq -Jordan - Israel - Egypt and beyond

Well, talking about connectivity, the possibilities provided by CPEC are infinite. :D
 
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