Togo and Turkey seek to reinforce their trade relationship

Economic governance
Monday, 27 June 2022 15:37
Togo and Turkey seek to reinforce their trade relationship

(Togo First) - A Turkish delegation was in Lomé last Friday to plead with Togolese authorities for a reduction in customs taxes on goods sent to the Togolese capital. The request, which aligns with Turkey’s ambition to boost trade with Togo, was made during a meeting with the Togolese Council of Employers. 

Reducing custom taxes will, according to Berna Akyildiz, Chairman of the Turkey-Togo Business Council, make it easier for Turkish goods to enter Togo. Also, he added, they will be more accessible to the Togolese people. 

Aiming for the same goal, the Togolese Council of Employers and several Turkish economic operators are working on a partnership with Togo’s private sector. This partnership, among others, will focus on the processing of local products, technology transfer, and creating jobs for the Togolese youth. 

The Turkish delegation also said they wish for Turkish Airlines to serve Togo, in addition to Ghana and Benin. 

Togo and Turkey have good relations. Last October, the Turkish leader, Recep Tayyip Erdogan, was in Togo for an official visit. Subsequently, the two nations signed various agreements to bolster their cooperation. 

Between 2015 and 2019, Togolese imports from Togo grew from CFA13.39 billion to CFA24 billion, according to the Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO).  

Esaïe Edoh

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