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Foreign Ministry: Turkey, USA Have Sound Will to Boost Commercial Ties

Image An official from Turkish Foreign Ministry said on Wednesday that both Turkey and the United States had a sound will to boost commercial ties between them, Anadolu News Agency reported. Foreign Ministry Deputy Undersecretary Selim Yenel, who is currently in Washington, D.C. for the 6th meeting of the U.S.-Turkey Economic Partnership Commission (EPC), attended a reception hosted by American-Turkish Council and the U.S. Chamber of Commerce.

Yenel said that Turkey and the United States had good relations in the areas of politics and military, stating that the two countries also made a strategic decision to boost relations in the area of commerce.

Karsan Hails Detroit for Taxi Partnership

Image Turkish carmaker Karsan, one of three finalists in the city's "Taxi of Tomorrow" competition, plans to partner with an American automaker to build the powertrain for the vehicle that it hopes will be the next New York City cab, a source familiar with the company's plans says. The competition to custom-build an iconic taxi to replace the various models on the road today is coming into the home stretch, and Karsan hopes that a partnership with an American automaker like General Motors or Chrysler could allay concerns that it lacks U.S. manufacturing experience.

The Taxi and Limousine Commission expects to announce a winner soon. Commissioner David Yassky has said that if none of the models measure up, the city could decide to postpone awarding the exclusive 10-year contract.

Turkish Ford Plant, Aiming Increased U.S. Sales

ImageAccording to CEO Nuri Otay of Ford’s Turkish unit, the plant is aiming towards a 50% sales increase in the United States for 2011. The Turkey unit is one of the finalists in the competition to supply New York taxis. Ford Otomotiv Sanayi AS is already commercializing the Transit Connect van for use as service vehicles in cities like Boston, Chicago, Washington and Los Angeles, according to Otay. He added that the demand for the Transit Connect van will increase in 2011. The car is being produced at a plant located in Kocaeli, Turkey.

A New Approach from Halach Gold to the Jewelry Market

ImageThe jewelry sector is one of the sectors with the greatest ambition to make its mark as a global brand. Representatives of the industry have declared their goal of becoming the global leader by reaching exports of $10 billion in 10 years. Turkish companies are known for their traditional way of doing business (store based) in the U.S., but one of them decided to set up a web based company.  (http://www.mygoldgram.com) Çiğdem Bostan, Vice President & COO of Halach Gold Inc., a New York based gold buying and selling company, talked to TURKOFAMERICA.
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