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      Turkey and Luxembourg: connecting people

      Turkey and Luxembourg: connecting people

      Within the framework of the visit of a Turkish delegation led by HE Zafer Çağlayan, Minister of the Economy from Turkey, the Chamber of Commerce hosted on Tuesday, 25 of June a Turkey-Luxembourg Business Seminar. The visit was part of the inauguration of the first regular scheduled direct flight Istanbul-Luxembourg, operated by Turkish Airlines.

      Numerous Luxembourgish and Turkish companies from various sectors were present. The Minister of the Economy and Foreign Trade, Etienne Schneider underlined the investment opportunities offered by Turkey to Luxembourg in the construction sector and in the financial sector. He declared this meeting an important milestone in the relationship between Turkey and Luxembourg, connecting people and boosting the trade volume of the two countries.

      Minister of Tourism, Françoise Hetto-Gaasch recently travelled to Istanbul to promote Luxembourg as a tourism destination. She explained that the new airline is an enormous opportunity for both countries to expand their tourism possibilities and share the beauties of their countries. Since 2011 the number of tourists from Luxembourg travelling to Turkey have increased from 11,000 to 40,000. This new airline will also expand the development of new business relations, creating further connections with China and Japan.

      Minister Zafer Çağlayan recognized the importance of Luxembourg as a founding member of the European Union and thanked the Grand Duchy for being in favor of their adhesion to the EU. With the Joint Economic Trade Committee Treaty, signed between the two ministers of the Economy, the establishment of the Business Council between Luxembourg and Turkey will be accelerated establishing the legal background to this new cooperation.

      He also stressed the importance of the new flight connection for Luxembourg enabling businessmen to join more than 200 further destinations where half of worldwide trade is taking place.

      Furthermore this seminar offered the opportunity to discuss in depth the cooperation of Turkish and Luxembourgish companies in the sectors of transport, logistics, construction, infrastructure and engineering.

      The Director General of the Chamber of Commerce, Pierre Gramegna, concluded that this conference initiated an open and frank dialogue between the two countries, which will certainly emerge in a long-term beneficial partnership fostered in November by an official mission to Turkey. ME