UP

Erdogan calls on Africa to trade in local currencies

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Erdogan calls on Africa to trade in local currencies

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

Axar.az 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.

Date
2018.10.10 / 15:09
Author
Axar.az
See also

6.2 earthquake hits eastern Indonesia

Pashinyan to attend INNOPROM-2026 in Yekaterinburg

Moldovan Prime Minister announces resignation

Pashinyan meets Pezechkian in Tehran

US set to give Turkiye’s KAAN program the kiss of life

One killed in Ukrainian attack on Belgorod - Video

Forty killed as bus falls into ditch in Pakistan

6.1-magnitude earthquake strikes southwestern Japan

U.S. dangles rewards for opening the Strait of Hormuz

Death toll from Russian strike on Kyiv rises to 30

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla