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Turkey Is One of Six "Next Tier Markets" for the United States

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Assistant Secretary for Economic, Energy and Business Affairs Jose W. Fernandez met with Turkish Union of Chambers and Stock Exchanges Chairman Risat Hisarciklioglu during his June visit to Turkey for the Economic Partnership Commission meeting.
By Jose W. Fernandez*
- The tempo of economic engagement between Turkey and the United States is steadily increasing.  There is a level of excitement that translates into potential cooperation in many areas – from renewable energy to developing the financial sector, promoting new and existing small and medium sized companies, and economic cooperation in third countries.  While U.S. trade with Turkey was sharply impacted during the economic downturn, two-way trade has risen by 37.8% to $5.6 billion for the first five months of 2010.  

New York State: Home of 2000 Foreign Entities

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Located in the heart of the biggest concentration of population in North America, New York is within one day’s highway travel of more than 55 percent of the nation’s population and more than 60 percent of the population of Canada.  Many of the nation’s major cities, including Milwaukee, Pittsburgh, Chicago, Louisville, Charlotte, Raleigh, Washington, D.C., Boston and Portland, Maine are within one day’s drive of New York locations.  In fact, New York’s location has made it a preferred location for distribution activities serving the Northeast, Midwest, and Mid South.

A Lone Star

In 2005, for the fourth year in a row, Texas was ranked as the number one state by export revenues. Texas is a leader in the global marketplace. According to the U.S. Department of Commerce the State of Texas has led the nation in exports for three consecutive years (2002 - 2004) with a total of $311.5 billion in exported products.
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