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Tag Archives: Turkey

Tariffs on Trans-Caspian International Transport Route Reduced

Tariffs on Trans-Caspian International Transport Route Reduced

Tariffs on the Trans-Caspian International Transport Route (TITR) are likely to be further reduced due to ongoing negotiations with maritime operators on the Black Sea, after fees were already lowered on routes between Kazakhstan, Turkey and Poland. The aim is to lower the overall rate for transporting cargo between China …

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Azerbaijan, Turkey to Launch New Money Transfer System

Turkey, a brother nation and strategic ally of Azerbaijan, is creating a new system of money transfers, which will be launched for the first time to carry out transfers with Azerbaijan. The Turkish side is directly involved in the development of the money transfer system, while Azerbaijan provides advisory services …

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Russia, Turkey Negotiate Contracts Worth $820Mln

Russia, Turkey Negotiate Contracts Worth $820Mln

Russian Deputy Industry and Trade Minister Georgy Kalamanov said Russian and Turkish businesses have made preliminary agreements on contracts that together are worth approximately $820 million within the framework of the 86th Izmir International Fair, Sputnik reported. Russian and Turkish businesses have made preliminary agreements on contracts that together are …

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Istanbul Municipality Launches First Floating Solar Plant in Turkey

Istanbul Municipality Launches First Floating Solar Plant in Turkey

The first floating solar (FPV) power plant in Turkey was officially operational on August 4, 2017 as part of a testing phase that could lead to a significant number of systems installed by the Istanbul Metropolitan Municipality (IBB) on reservoirs, lakes and dams. Istanbul Water and Sewerage Administration (ISKI) with …

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Russia Remains Georgia’s Major Exports Market

Russia Remains Georgia's Major Exports Market

Russia remains Georgia’s major exports market. According to January-July indicators, Georgia exported 214.8mln USD products to Russian Federation, that is 14.8% in total exports (1.446bln USD). Georgia exported ferroalloys (80.1mln USD in January-July), wines (48.36mln USD), waters (25.98mln USD), spirits (11.3mln USD) and motorcars (7.6mln USD). All the mentioned groups …

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Turkey Defiant as German Relations Slump to a Postwar Low

Turkey Defiant as German Relations Slump to a Postwar Low

Turkey’s Foreign Minister Mevlut Cavusoglu said his country wouldn’t give in to threats, as relations with its NATO ally Germany slumped to their lowest since World War II. Cavusoglu was responding to an announcement by German Foreign Minister Sigmar Gabriel earlier Thursday of a “re-orientation” of German policy toward Turkey, in …

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Turkey is Popular Again With British Tourists, Says Thomas Cook

Turkey is Popular Again With British Tourists, Says Thomas Cook

Turkey is back on the tourist map for UK visitors despite growing tensions between its government and Germany. The tour operator Thomas Cook said it was seeing a pick-up in demand for Turkish holidays because they were good value for money. The chief executive, Peter Fankhauser, said Turkey was proving attractive …

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