The Russia-Ukraine war has also changed the trade balance, US Ambassador to Ankara Jeffry Flake told the Turkish newspaper Yeni Siafak, saying that 5.Some 5,000 American companies that are preparing to leave Russia after the start of the invasion of Ukraine because of the sanctions imposed are looking for new destinations.
He added that companies from Europe and the US looking for new destinations are being pointed to Turkey as such.
According to GMP, Yeni Siafak said that after appealing to these companies to turn to Turkey, mobility between Turkey and the US in the field of trade has also started to intensify.
According to Flake, the first major visit by a US delegation is expected to take place in Turkey this week.
According to Flake, the first major visit by a US delegation is expected to take place in Turkey this week. He also announced that the Chairman of the Board of Directors of the Association of American Companies (AmCham) Turkey, Tankut Turnaoglu and Vice President of the US Chamber of Commerce, Myron Brilliant are expected to pay a visit to Turkey this week.
In addition, Tankut Turnaoglu said that in light of regional developments, he and Myron Brilliant will visit Turkey to assess Turkey-US economic relations. Turnaoglu said that the Association of American Companies (AmCham) Turkey, which represents 110 US-based companies with $50 billion investments in Turkey, will continue its efforts so that Turkey becomes a regional center.
Meanwhile, a delegation from Turkey, consisting of senior Turkish officials, members of parliament and businessmen, went to the US yesterday where they will stay until March 18 to hold a series of meetings. The visit is organized by the Communication Directorate of the Turkish Presidency, in coordination with the Turkish Exporters Association.
The delegation will have trade and diplomatic contacts in Washington and New York to discuss issues related to bilateral trade relations between the two countries. It will also hold meetings with Turkish and American business leaders and visit the US Secretary of State, the Secretary of Commerce and the United States Chamber of Commerce.
Moreover, the news website T24, citing sources close to the banking sector, writes that after the announcement of sanctions against Russia, several Russian citizens who have fled to Turkey are opening bank accounts in banks in the country, both to be able to survive and to deposit their money.
According to reports, in recent weeks there has been increased interest and requests to open bank accounts in Turkish banks by Russian citizens.
Citing information, the website writes that several banks are proceeding to open bank accounts for Russian citizens in TL, while no bank accepts opening accounts in rubles.
Source: CNA
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