Turkey attracted direct international investments worth $240 million last February.

This was stated in the “Bulletin of International Direct Investments in Numbers” published by the International Investors Association (YASED) on Wednesday.

Investment capital flows amounted to $217 million, and real estate sales to foreign citizens amounted to $152 million.

Subtracting the downside effect of divestments worth $15 million and debt instruments worth $114 million, international direct investments flowing into Turkey in February amounted to $240 million.

Ireland ranked first in direct international investments with 18 percent, followed by Germany with 15 percent, then the UAE with 13 percent, Italy with 10 percent, and Sweden with 8 percent.

The European Union countries’ proportion of direct international investments reached 61 percent of total investments in February.

The total value of foreign direct investments in Turkey since 2002 has reached more than $264 billion.

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The Turkish Ministry of Foreign Affairs expressed on Sunday its concern about some countries halting their aid to the United Nations Relief and Works Agency for Palestine Refugees (UNRWA).

The Turkish Foreign Ministry explained in a statement that UNRWA meets the vital needs of millions of Palestinian refugees under very difficult circumstances.

The statement added that more than 150 UNRWA employees have been killed by Israeli forces in Gaza since October 7.

He pointed out that stopping (some countries) providing aid to UNRWA due to some allegations that affected a small number of members of this organization would harm “the Palestinian people in the first place.”

The Turkish Foreign Ministry expressed its hope that the countries that announced the cessation of aid to UNRWA would reconsider their decision.

Since Friday, the United States, Canada, Australia, Italy, Britain, Finland, Germany and the Netherlands have “temporarily” suspended funding for the UN agency following Israeli allegations that 12 of its employees participated in the Hamas attack on October 7.

The Israeli accusations affected 12 employees out of more than 30,000 male and female employees, most of whom are Palestinian refugees themselves working for UNRWA, in addition to a small number of international employees.

These accusations are not the first of their kind. Since the beginning of the war on Gaza, Israel has accused UNRWA employees of working for Hamas.

This was considered a “pre-justification” for attacking the institution’s schools and facilities in the Gaza Strip, which houses tens of thousands of displaced people, most of whom are children and women, according to observers.

The Western announcements came hours after the International Court of Justice in The Hague announced its rejection of Israel’s demands to drop the “genocide” lawsuit in Gaza.

Which was filed against it by South Africa and it temporarily ruled to oblige Tel Aviv “to take measures to stop the genocide and bring in humanitarian aid.” UNRWA said on Friday that it had opened an investigation into allegations of the involvement of a number (without specifying) of its employees in the October 7 attacks.

UNRWA was established by a resolution of the United Nations General Assembly in 1949, and was authorized to provide assistance and protection to refugees in its five areas of operations:

Jordan, Syria, Lebanon, the West Bank, and the Gaza Strip, until a just solution to their problem is reached.

On October 7, Hamas launched an attack on Israeli military points and settlements around the Gaza Strip, during which it killed about 1,200 Israelis.

It wounded about 5,431 and captured at least 239, exchanging dozens of them with Israel during a temporary humanitarian truce that lasted 7 days and ended in early December 2023.

Since October 7, 2023, the Israeli army has been waging a devastating war on Gaza that, as of Sunday, has left 26,422 martyrs and 65,87 injured, most of them children and women, according to the Palestinian authorities, and has caused “massive destruction and an unprecedented humanitarian catastrophe,” according to the United Nations.

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On Sunday, Turkish Foreign Minister Hakan Fidan received Acting US Deputy Secretary of State Victoria Nuland in the capital, Ankara.

In a blog post on the “X” platform, the Turkish Foreign Ministry stated that the meeting took place at the ministry’s headquarters in Ankara.

In turn, Turkish Deputy Foreign Minister Ahmed Yildiz said that he met Nuland and held discussions with her about developments in the Middle East and Africa.

It was learned from diplomatic sources that Nuland is visiting Turkey on Sunday and Monday at the invitation of Deputy Foreign Minister Ambassador Burak Akçabar, within the framework of the Turkish-American strategic mechanism.

The consultations between the two sides will address regional and international issues in addition to Turkish-American relations.

The meetings of the Turkish-American Strategic Mechanism began on April 4, 2022, following a meeting between Presidents Recep Tayyip Erdogan and Joe Biden, in October 2021, in the Italian capital, Rome.

The post Fidan receives the Acting US Deputy Secretary of State appeared first on Move 2 Turkey.

Last year, more than $2.3 billion in bus, minibus and medium bus exports were exported from Turkey to 82 countries.

According to the records of Uludag Automotive Industry Exporters Association, Turkish bus exports in 2023 increased by 57.16 percent compared to 2022.

It rose from 1 billion 467 million 176 thousand dollars to 2 billion 305 million 845 thousand dollars.

Industry representatives reached the highest export figure ever by exporting more than the record exports of $2 billion $31 million in 2019.

It also achieved automakers that sent buses, minibuses and medium buses to 82 countries last year, with most exports to France, Germany and Italy.

Exports to France, which ranks first, increased by 32.43 percent compared to 2022.

It rose from 308 million and 798 thousand dollars to 408 million and 960 thousand dollars.

Exports to Germany increased by 96.34 percent, reaching 315 million and 972 thousand dollars, compared to 160 million and 928 thousand dollars.

Exports to Italy, where 144 million 859 thousand dollars were exported in 2022, recorded 301 million 450 thousand dollars, an increase of 108 percent in 2023.

Industry representatives accounted for 44.51 percent of exports of buses, minibuses and medium buses in 2023 to France, Germany and Italy.

The post Turkey’s bus exports break a record in 2023 appeared first on Move 2 Turkey.

The Algerian fuel company Sonatrach (government) discussed on Sunday long-term commercial relations with the Turkish company BOTAŞ within the framework of contracts for the sale and purchase of liquefied natural gas and ways to expand the partnership between them.

This came according to a statement by Sonatrach.

The statement stated that “President and CEO (CEO) Rachid Hachichi met today at Sonatrach’s headquarters with the President and Director General of BOTAŞ Company, Abdel Wahed Fidan, in the presence of executive officers (cadres) of the two companies.”

It added: “During the meeting, the two parties discussed the long-term commercial relations existing between Sonatrach and BOTAŞ, which fall within the framework of contracts for the sale and purchase of liquefied natural gas.”

It continued: “Following this meeting, the two partners agreed to strengthen their commercial relationship. They also used this occasion to discuss the possibility of expanding their partnership and exploring new business opportunities.”

The statement pointed out that Sonatrach has been supplying Turkish BOTAŞ with liquefied gas since 1988.

At the beginning of 2020, Algeria renewed the contract to supply liquefied natural gas to Turkey in quantities reaching 5.4 billion cubic meters annually, extending until 2024.

A few days ago, Sonatrach CEO Rachid Hachichi said at an energy conference in Italy that the company’s gas production amounted to 130 billion cubic meters, of which 45 billion were destined for internal consumption and the rest for export.

The post Algeria and Turkey are discussing gas supply contracts appeared first on Move 2 Turkey.

The volume of Turkey’s exports of small and medium-sized shipping vehicles during the first nine months of this year amounted to 3 billion 480 million 497 thousand dollars.

According to information from the UluDag Union of Vehicle Exporters on Monday, Turkey’s exports of small and medium vehicles declined during the first nine months of this year by 6.7 percent compared to the same period last year.

The data showed that Britain ranked first among the countries that import most Turkish freight vehicles.

According to the same data, Slovenia came in second place, followed by France in third place, then Italy fourth and Belgium fifth.

The post Turkey earns $3.5 billion from cargo vehicle exports appeared first on Move 2 Turkey.

Turkey and Italy won on Tuesday to jointly organize the European Football Championship between the two countries in the 2032 edition.

The European Football Association (UEFA) announced that it had been given the honor of organizing Euro 2032 to the joint file submitted by Turkey and Italy following its board of directors meeting in the Swiss city of Nyon.

The Federation also announced that it had granted the honor of organizing Euro 2028 to the duo of the United Kingdom and the Republic of Ireland.

Thus, Turkey has won the honor of organizing the tournament for the first time in its history, after it had previously nominated itself to host the most prominent continental event 6 times.

It is scheduled that 5 cities from Turkey and Italy will be selected to host the tournament matches, and the stadiums that will host the opening and final matches will be determined at a later time.

The post Turkey and Italy win the organization of the UEFA Euro 2032 appeared first on Move 2 Turkey.

The Turkish Air Force participates in the “Tiger Meet 2023” military exercise held by NATO in Italy.

The Turkish Air Force is participating with three F-16 fighters, along with 80 fighter jets from 13 NATO countries.

The “Tiger Encounter 2023” maneuvers began on October 2, and are scheduled to conclude on the 13th of the same month.

NATO maneuvers are very important in terms of demonstrating the potential for cooperation between member states, strengthening deterrent air power, and strengthening the relationship between them.

The maneuvers aim to develop military capabilities, skills, expertise, information exchange technology, and joint work between the air forces of NATO countries.

The post The Turkish Air Force participates in the “Meet the Tiger” maneuvers appeared first on Move 2 Turkey.

The European Parliament’s Budget Committee approved providing assistance worth 400 million euros to support Turkey in dealing with the consequences of the earthquake disaster that occurred last February.

The committee agreed, by a majority of 26 votes to one, for the European Commission to provide aid to Turkey, Italy and Romania with a total value of 454.8 million euros to confront the effects of disasters.

It is expected that the aforementioned aid will be approved in the vote that will take place at the General Assembly meeting of the European Parliament in Strasbourg on the 2nd and 5th of next October.

On September 18, the aid was approved by the European Union Council.

400 million euros in aid will be allocated to Turkey due to the double earthquake disaster that struck the south of the country on February 6.

While 33.9 million euros in aid will be given to Romania, which was hit by a drought in 2022, and 20.9 million euros to Italy, where floods caused devastation in September last year.

The aid will be covered by the section allocated from the European Union budget for solidarity and emergency aid.

Financial aid will be granted after final approval by the European Parliament.

The post A European Parliament committee approves Turkey’s support appeared first on Move 2 Turkey.

Members of the European Union Council decided to approve aid worth 400 million euros to Turkey to support it in dealing with the consequences of the earthquake disaster that occurred last February.

The members of the Council, which consists of representatives of the Union countries, agreed to approve the European Commission’s provision of aid to Turkey, Italy and Romania with a total value of 454.8 million euros to confront the effects of disasters.

400 million euros in aid will be allocated to Turkey due to the double earthquake disaster that struck the south of the country on February 6.

While 33.9 million euros in aid will be given to Romania, which was hit by a drought in 2022, and 20.9 million euros to Italy, where floods caused devastation in September last year.

The aid will be covered by the allocated section of the EU budget for solidarity and emergency aid.

The financial aid will be granted after final approval by the European Parliament and the Council of the European Union.

The post The European Union allocates 400 million euros to support Turkey appeared first on Move 2 Turkey.