17 December 2018

Erdogan calls on Africa to trade in local currencies

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Turkish President Recep Tayyip Erdogan called on African countries to trade and do joint businesses with Turkey using local currencies. reports citing AA.

"Let's save our trade from risks posed by foreign currencies," he said at the Turkey-Africa Economy and Business Forum in Istanbul on Wednesday.

He underlined that they have to take steps to save their countries from currency pressure.

"We prioritized this issue [trading in local currencies] as the country faced speculative attacks recently," the president said.

Erdogan said it is important to believe that alternative ways are possible.

"We are ready to enhance our trade relations using local currencies not only with our main trade partners but also with our African friends," he added.

Turkey has been pushing for trade in local currencies accusing the U.S. administration of using the dollar as a tool to attack other countries’ economies.

2018.10.10 / 15:09
See also

Damascus prepares for Christmas without mortar fire

Turkey says Trump working on extraditing wanted cleric Gulen

The price of the most modern US fighter has been announced

Nargis Fund, Hungarian embassy organize charity concert

Zurabishvili sworn in as Georgia’s first female president

After rare misfire, Kremlin set to win regional vote

Bus crash in Switzerland leaves 1 dead, 44 injured

Brexit pressure rises, but UK government says no second vote

Plane with 287 Russian tourists, stranded in China

Xi attends conference celebrating 40th anniversary of reform

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla