Togo-Turkey: Trade Volume Nears $200 Million in 2022

Economic governance
Thursday, 21 September 2023 14:57
Togo-Turkey: Trade Volume Nears $200 Million in 2022

(Togo First) - Trade between Togo and Turkey reached nearly $200 million last year. Muteber Kılıç, the new Turkish ambassador to Togo, disclosed the figure on September 19, 2023, in an audience with President Faure Gnassingbe, in Lomé. 

During the meeting, the new ambassador presented the Togolese leader with her credentials.  “The volume of trade was about $128 million in 2021, and it increased to nearly $200 million by the end of last year. There is significant potential that we could further develop,” Muteber Kılıç said after the meeting.

The increase in trade is attributable to efforts made by both sides. In 2020, for example, they signed many agreements and memoranda of understanding, focusing on setting up a political consultation mechanism between their foreign ministries, a reciprocal visa exemption agreement for holders of official passports, and a memorandum of understanding relating to cooperation between the Togolese Ministry of Foreign Affairs and the Diplomatic Academy of the Republic of Turkey. 

“Turkey and Africa have developed their relations in recent years in all areas, and Togo, of course, holds a special place in these relations. The balance is positive, but we could do more. We discussed strengthening bilateral cooperation, and I am ready to do everything necessary to develop our relations with Togo,” Ambassador Kılıç added.

In October 2021, Turkish President Recep Tayyip Erdogan made his first official visit to Togo, in line with the two nations’ ambitions for a stronger partnership.

Ayi Renaud Dossavi

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.