2nd Turkey-Africa Economic Forum kicks off in Istanbul

The Second Turkey-Africa Economic and Business Forum kicked off in Istanbul on Wednesday.

Considering Turkey's operations on the continent, its share of Africa's trade volume should be higher than its current level, Nail Olpak, head of the Turkish Foreign Economic Relations Board (DEIK), said in his opening speech.

"Turkey constitutes 2.1 percent of Africa's foreign trade, explained Olpak.

This doesn't reflect the country's potential, as it has 41 embassies, 26 commercial counselors, 44 business councils, 21 Turkish Cooperation and Coordination Agency [TIKA] Offices, 51 destinations serviced by Turkish Airlines, as well as the Red Crescent, and Disaster and Emergency Management Agency [AFAD]."

A global economy which fails to include Africa is unthinkable, he added.

"No future can be built without Africa," Olpak said.

Melaku Ezezew, head of the Pan-African Chambers of Commerce and Industry, said the forum will help both sides strengthen bilateral ties.

"Africa is changing, Africa is going through a historic transformation," he said.

"It's difficult to understand unique business opportunities in Africa without such partnerships and without on-the-ground visits."

Source: Anadolu Agency