Türkiye - Denver Business and Investment Dialogue Successfully Held in Istanbul
Murat Ozyegin, head of TAIK, or the Türkiye-US Business Council, said there is momentum and good collaboration opportunities to explore between the two cities.
"I know that some of the American companies that are present with us, they are considering investments or trade ties with Türkiye, while at the same time, Turkish companies are now increasingly investing in US," he said, adding it is now in the range of $10 billion and $3 to $4 billion of that has been made through TAIK members.
Turkish companies are employing more than 3,000 Americans, and Turkish investors want to increase that figure, he noted.
The Türkiye-US strategy is a very central to TAIK's strategy, he said, adding: "Today, we have key sectors represented from the city of Denver, including aerospace, health care and tourism."
"We sincerely hope to strengthen the economic ties between our regions," he highlighted.
Noting the trade target of $100 billion between Turkish President Recep Tayyip Erdogan and US President Donald Trump, which was established in Trump's previous term, he said TAIK believes the momentum will increase now that the Trump administration has returned.
There are opportunities for economic growth between Türkiye and the US city of Denver, including in aerospace, aviation, bioscience and health care, the head of the Denver Metro Chamber of Commerce said Wednesday.
"We are here to signal that our community is aligned and welcome and open to any opportunities that we can have to work together to further both the interests of Turkish businesses in the US and Colorado, and Metro member businesses here in Türkiye," J. J. Ament told the Türkiye-US Business Council meeting in Istanbul.
Nothing that Turkish Airlines operates direct flights between Denver and Istanbul, he said the number of people traveling between the two destinations has doubled since the Turkish flag carrier established non-stop flights.
"Thank you for the much more convenient route by Turkish Airlines and the non-stop flight from one beautiful airport in Denver, Colorado to another beautiful airport here," he said.
Türkiye and the US have a volume of $36.6 billion in trade in 12 months, and including services, it is at around $45 billion, which is below the target level, he noted.
