ISTANBUL
Turkey's economy minister said that increase in Turkey's export volume greatly owed to government's efforts to find new markets for Turkish goods and services.
"If we had failed to do the market diversification which we did over the past three years, we would be in a position today to explain why we had lost $29 billion in export revenues," Caglayan told a general assembly meeting of Turkey's Foreign Economic Relations Board, or DEIK, in Istanbul.
Caglayan said over the past 12 months Turkey sold abroad goods worth of $151.5 billion and services worth of nearly $39 billion, adding that exports had contributed 4.6 points to the overall growth rate in Turkey over the past nine months.
