Greek, Turkish finance ministers meet in Washington to discuss economic cooperation

[NIKOS KOKKALIAS]

Greek Economy and Finance Minister Kyriakos Pierrakakis has met with Turkish Minister of Finance Mehmet Simsek successful Washington DC connected the sidelines of the yearly meetings of the International Monetary Fund (IMF) and the World Bank.

The two ministers discussed macroeconomic developments and maturation prospects for the Greek and Turkish economies, placing peculiar accent connected areas of communal involvement where practice could beryllium strengthened.

According to a statement, the discussions focused connected boosting interconnectivity betwixt the two economies, improving the trade balance, expanding export capacity, and facilitating exports. The ministers besides examined ways to support concern and beforehand associated projects successful innovation, greenish and integer development, arsenic well arsenic fostering ties betwixt concern associations and chambers of commerce.

Pierrakakis and Simsek underlined the value of expanding bilateral trade, which presently stands astatine astir 5 cardinal euros annually. They besides stressed the request to heighten concern flows and amended the concern situation to support determination stability and shared prosperity. [AMNA]