Türkiye and the Netherlands set a brand new roadmap to deepen business and financial cooperation right through the 6th Assembly of the Türkiye-Netherlands Joint Financial and Industry Committee (JETCO), Turkish Industry Minister Omer Bolat mentioned Thursday.
“We successfully held the 6th Meeting of the Türkiye-Netherlands JETCO today in The Hague,” Bolat wrote on Turkish social media platform NSosyal.
The assembly used to be co-chaired via Bolat and Dutch Overseas Industry and Building Cooperation Minister Sjoerd Sjoerdsma.
Bolat mentioned the 2 facets “outlined the roadmap for commercial and economic cooperation” between Türkiye and the Netherlands for the approaching length.
Below the JETCO framework, the 2 international locations mentioned tactics to advance cooperation in strategic spaces, together with bilateral industry and investments, contracting and technical consultancy services and products, cooperation in 3rd international locations, fortify for small and medium-sized enterprises, power, agriculture, water control, transportation, monetary cooperation, and the round financial system.
The ministers additionally exchanged perspectives on key pieces at the EU schedule, specifically the modernization of the Customs Union and inexperienced transformation.
Bolat mentioned Türkiye and the Netherlands reaffirmed their shared dedication to additional deepening their robust financial partnership in keeping with mutual receive advantages, whilst increasing cooperation into new spaces.
He famous that bilateral industry quantity rose from $6.3 billion in 2015 to $13.3 billion in 2025, greater than doubling over the last decade.
The Netherlands stays Türkiye’s greatest overseas investor, with an funding inventory of $39.2 billion, whilst Turkish investments within the Netherlands reached $24.3 billion, in keeping with Bolat.
The Netherlands is one among Türkiye’s key financial companions in Europe, with shut ties in industry, logistics, agriculture, power, water applied sciences, finance, and funding. The rustic additionally serves as crucial base for Turkish firms increasing into Ecu markets.
JETCO conferences are designed to enhance bilateral industry and funding ties via bringing in combination public government and industry representatives from each international locations. The mechanism additionally supplies a platform to deal with industry limitations, determine new spaces of cooperation, and fortify private-sector partnerships.
Bolat mentioned the average imaginative and prescient set out within the sixth JETCO Protocol signed on the assembly would “pave the way for new opportunities in trade, investment, and technology,” give a contribution to more potent partnerships between Turkish and Dutch firms, and additional deepen financial ties.
