Prime Minister Mark Carney and President Recep Tayyip Erdogan have launched a new strategic partnership to boost trade and security cooperation.
Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan recently announced a major new partnership. This Canada-Turkiye Strategic Partnership includes a detailed three-year action plan.
Both leaders believe this bond is necessary during uncertain global times. They want to work together to lower shared risks and find new economic opportunities.
Also, Prime Minister Carney is visiting Turkiye for two days. He hopes to build stronger ties as Canada tries to rely less on the United States.
The agreement focuses on four main areas. These include trade, defense, energy, and building stronger connections between the people of both nations.
Next, the leaders discussed plans for a free trade agreement. They also aim to boost investments in technology, aerospace, and artificial intelligence.
Meanwhile, the two countries will increase cooperation on security matters. They hope to promote peace in regions like Ukraine, the Middle East, and the South Caucasus.
Additionally, energy ministers will collaborate on important projects. Their work will cover nuclear energy, natural gas, and the supply of critical minerals.
President Erdogan expressed optimism about the future of this relationship. He currently wants to grow the trade volume from $3 billion to $10 billion.
After that, officials will begin formal trade negotiations before the end of the year. The first round of talks will occur in Ankara next month.
Finally, this visit marks the first official bilateral trip by a Canadian leader to Turkiye. Prime Minister Carney seeks to diversify trade partners during current tensions with the United States.