Turkey, US push toward $100B trade goal as Bolat heads to Washington
Bilateral trade between the United States and Turkey reached almost $43 billion in 2024, according to the US trade representative.
Turkish Trade Minister Omer Bolat will head to Washington Friday for talks with US officials aimed at boosting bilateral trade and expanding cooperation in key sectors like defense and energy.
What happened: On Sept. 25, Turkish President Recep Tayyip Erdogan met his US counterpart, Donald Trump, at the White House, where the leaders reiterated their goal of raising bilateral trade to $100 billion per year. The two countries have not set a firm deadline for reaching that target.
On Friday, Bolat is scheduled to meet US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick as well as representatives from companies affiliated with the US Chamber of Commerce.
“We believe our meetings in Washington will broaden opportunities for cooperation in energy, defense, investments and strategic sectors,” Bolat wrote in a post on X on Thursday, adding that the effort “will open new doors for our entrepreneurs and exporters.”
