Saturday 29 January 2011

‘Turkey as important as BRIC countries for UK’

Right Honorable Lord Mayor of London Michael Bear has said Turkey is equally important as Brazil, Russia, India and China -- also known as the BRIC countries – for the UK.

In the last of his three-day visit to Turkey, Bear -- who heads the British capital’s local authority City of London Corporation -- made the opening speech at the panel “İstanbul International Finance Center: What does the London experience say about İstanbul?” held at the İstanbul Stock Exchange (İMKB) on Friday.

During his speech, he lauded Turkey’s economic performance and said, “The scale of opportunities in İstanbul is immense.” Speaking about Turkish-British relations, Bear reminded those present that the trade volume between the two countries was at $9 billion in 2009 and that they aim to double that figure by 2015. He also noted that 2,000 British companies are operating in Turkey.

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