Turkey, Singapore agree to boost economic ties further

By Muhammed Ali Gurtas

SINGAPORE

Turkish Development Minister Lutfi Elvan met Singaporean Trade and Industry Minister S. Iswaran on Wednesday, and agreed to boost economic ties between the two countries further, according to a Turkish ministry source.

They discussed ways to deepen collaboration in education, science and technology sectors plus other priority areas, according to the source, who spoke on condition of anonymity due to restrictions on talking to the media, said.

Following the bilateral meeting, Elvan visited Singapore's state-run giant JTC corporation to be briefed on the company's operations in petrochemicals, biomedical, clean technology, aerospace and international trade.

Turkish delegation also examined the Jurong Island -- operated under JTC -- which is an industrial zone that hosts over 100 companies and more than 16,000 employees with a processing capacity of 1.3 million barrels of crude oil per day.