14 Hrs
Source:
AL24 News
Canadian PM meets in Ankara on defense and energy
Canadian Prime Minister Mark Carney visited Turkey in his first bilateral trip to Ankara to strengthen economic relations between the two countries. The parties signed a joint declaration to enhance cooperation in defense and energy sectors, as Canada seeks to diversify its foreign markets and reduce its dependence on the United States, which currently accounts for about 70% of its exports. Although trade volume between Canada and Turkey is limited, representing only 0.3% of Canada's total trade, bilateral trade has increased by 50% over the past five years, making Turkey a strategic destination for Canada to expand its economic presence.
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