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Turkish Taxi Of Tomorrow Would Be Built in Brooklyn

The Taxi Of Tomorrow might be built in Brooklyn! Karsan, the Turkish manufacturer in the running to build New York's next generation of taxicabs, is now upping the ante (and changed its tune) by pledging to manufacture the wheelchair-accessible vehicles in the South Brooklyn Marine Terminal. The new pledge makes the Karsan cab the only one of the three finalists which would be built in America (it had previously said it would build them in Turkey).

"We have three strong final contenders, and we are evaluating them as we speak," is all TLC spokesman Allan Fromberg will say on the topic. But we're guessing the promise of up to 800 new manufacturing jobs in the city is something that will certainly help the company get more support from local politicians (incidentally, Karsan sent a letter of its intentions to Brooklyn Beep Marty Markowitz). Ford, the only American auto-maker in the running, would make its taxis in Turkey.

April 25, 2011
Published in How to Invest in the U.S.

Turkish Chamber Begins Southeast Outreach

The Turkish-American Chamber of Commerce of the Southeast U.S. has seen Georgia’s exports to Turkey climb more than 45 percent last year to $574.6 million and imports from Georgia rise 35 percent to $228.5 million in comparison to 2009.

But Mevlut Tascan, the chamber’s executive director, isn’t satisfied. Nor is he particularly impressed that last year’s bilateral trade between the U.S. and Turkey amounted to $15 billion.

“It’s almost a joke,” he told GlobalAtlanta during a video interview. He explained that in view of the close military relations between the two countries, trade should be greater.

Since the chamber was established in Atlanta in 2007, Dr. Tascan said that it has focused primarily on developing ties with Georgia.
Source: GlobalAtlanta

March 23, 2011
Published in How to Invest in the U.S.

Deputy Minister Announces Reciprocal Meeting in Istanbul

March 18, 2011, Las Vegas– Cemalettin Damlaci, the Turkish Deputy State Minister for Foreign Trade, spoke Tuesday and Thursday at the 25th Annual Reservation Economic Summit (RES), addressing an audience of Native American tribes and businesses on the burgeoning relationship between Turkey and Indian Country. RES is organized by the National Center for American Indian Enterprise Development (NCAIED).

During his Tuesday speech, Damlaci proposed that Native American business leaders join him in Istanbul in November 2011 for a business forum on developing solid business-to-business networks.

March 18, 2011
Published in How to Invest in the U.S.

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

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.