Turkey and Greece towards increasing mutual investments

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The investment offices of Turkey and Greece agreed to work to increase mutual investments between the two countries.

In order to achieve this goal, the Turkish Presidency’s Investment Office concluded a memorandum of understanding with its Greek counterpart, “Enterprise Greece,” during the visit of Turkish President Recep Tayyip Erdogan to Athens on Thursday.

On Sunday, quoting informed sources in the Turkish Investment Office, the two countries “opened the doors to a new era of cooperation in the field of direct international investments through a memorandum of understanding.”

The memorandum stipulates increasing mutual investments and cooperation between companies of the two countries in third countries.

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Within the framework of the memorandum, cooperation in mutual investments will be developed to serve the interests of both parties, and direct communication between the Turkish and Greek business worlds will be enhanced.

Investments that provide mutual benefit will be encouraged, an enabling environment for investment will be created, and relevant steps will be accelerated.

The memorandum also stipulates the exchange of information on the conditions for carrying out investment activities and informing investors from both countries about exhibitions and business meetings aimed at promoting economic development.

In press statements on board the plane during his return from Athens, which he visited on Thursday, President Erdogan expressed his belief that his visit to Greece will open a new page in relations between the two countries.