MegaBanner-Right

LeaderBoad-Right

LeaderBoard-Left

Home ยป Industry News ยป International Trade News ยป Turkey strengthens trade with Western Cape

Turkey strengthens trade with Western Cape

Cape Town has signed a sister city agreement with Izmir in Turkey, one of the countryโ€™s busiest port cities after Istanbul and highly rated for its contribution to exports from the prรชt-ร -porter (ready-to-wear) industry.

The new collaboration was confirmed by James Vos,City of Cape Town Mayoral Committee member for Economic Growth, and comes in the wake of Turkish Airlines commencing Boeing 787-9 Dreamliner flights to Cape Town.

As the first African city to receive the luxury aircraft, the potential for significant belly cargo trade between the Western Cape and Turkey subsequently resulted in a high-level visit to the transcontinental country.

Apart from talks about cargo possibilities and passenger travel with the airlineโ€™s vice president for Sales for Africa, Hikmet Mesut, delegates from Cape Town Invest and Cape Town Tourism also discussed business proposals with the Izmir Chamber of Commerce.

Representatives from the chamber included the director of Urban Economy and Innovative Industries, Ceren Umay, and the director of International Events and Tourism, Uวงur Sรผlรผn.

โ€œWe also met with our Honorary Consul of South Africa in the city, Tamer TaลŸkin,โ€ said Vos, whose fellow visitors from South Africa included Theuns Vivian, the City of Cape Townโ€™s head of Destination Development and Place Marketing;ย Enver Duminy, Cape Town Tourism CEO; and Brett Hendricks, Cape Town Tourism Chairperson.

TaลŸkin made sure that the delegates from the Western Cape were introduced to several businesses looking to invest in Cape Town, Vos said.

Not far behind Istanbul, Izmir is one of the countryโ€™s most important ports for Turkeyโ€™s apparel industry, its fourth-largest export commodity after cars, machinery and precious metals.

Clothing and textile outflows, though, have posted very strong figures so far this year, more so than the three leading commodities.

For the first five months of the year, reports the Turkish news siteย Daily Sabah, ready-to-wear items worth $8.8 billion were exported, much of it through the Aegean Sea port.

Daily Sabah writes: โ€œAccording to (โ€ฆ) data of the Turkish Exporters Assembly (TIM), Turkey’s exports increased by 15.2% in May compared with the same month of the previous year and amounted to $19 billion.

โ€œIt was the highest May export figure achieved in the countryโ€™s history.โ€

 

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

If the prime lending rate is phased out, what does it mean for consumers?ย 

If the prime lending rate is phased out, what does it mean for consumers?ย  By Therese Grobler, Head of Wealth Management at Momentum Financial Planning For...

How to Use a Voltage Tester: An Essential Guide for Electrical Safety and Efficiency

How to Use a Voltage Tester: An Essential Guide for Electrical Safety and Efficiency Fluke Electrical Application Note ย ย ย ย  Voltage testers are valuable tools for professionals...

MUST READ

SEW-Eurodrive sets the pace with power packs in African mining

SEW-Eurodrive sets the pace with power packs in African mining Comprehensively supporting the mining sector with commodity-specific drive train solutions, SEW-EURODRIVE has cemented its reputation...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.