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US Ambassador David M. Satterfield, US companies from Turkey in default of debt to pharmaceutical companies to sell drugs to Turkey says it can be stopped.
According to the news, Reuters quoted Satterfield, within a year of debt to foreign pharmaceutical companies to the state hospital in Turkey that $ 230 million of $ 2.3 billion per say, and might not want to continue such enterprises, He added that it would not be in the interest of Turkey.
A year ago, the Prime Minister of the Secretary of Commerce of the United States, Wilbur Ross, Recep Tayyip Erdogan, the Minister of Finance and Finance, Beratan, said that given the promises to solve this problem in his meeting with Albayrak Satterfield, he said that the Turkish pharmaceutical companies try to convince him to give up some armor.
Satterfield delivered these words at an online business conference.
$ 21 billion annual trade volume between the US and Turkey. Although the two countries have the objective of increasing their trade volume to 100 billion dollars, the current outlook is far behind this situation.
Satterfield also criticized US data from users of social media companies that will also need to be kept in Turkey.
Pekcan: steel quota prevents us from reaching the goal
Satterfield, Board of Foreign Economic Relations (DEIK) of the Turkey-US Business Council (TAIK) and hosted by the US Chamber of Commerce, spoke at the 38th Conference of American Turks.
Trade Minister Ruhsar Pekcan also attended this event.
Pekcan said the customs duty on steel prevented the two countries from reaching their trade goal.
“The implementation of additional fiscal steels and the policies of the Turkish US Government GSP (Generalized System of Preferences), such as the removal of the program, will negatively affect our efforts to achieve our common goal.” “With regard to the steel and aluminum measures, we are ready to negotiate a reasonable quota offered to many other countries, unfortunately there has been no progress in this area,” Pekcan said.