Sourced fact
The News
According to the Anadolu Agency, annual trade between Türkiye and Turkish-speaking countries reached $27.8 billion as of July.
Analysis & context
Analysis & Context
Analytically, these figures reflect the growing economic ties between Türkiye and the countries that are members and observers of the Organisation of the Turkic Speaking Countries (OTS). The 6.6% increase in trade highlights the economic and political convergence among these nations. In a broader context, these relationships are of significant importance to Türkiye in enhancing its regional influence and expanding its trade market.
