AFRICAN TRADE FIRMS AND TURKISH PRODUCERS WILL MEET AT THE 13TH WORLD COOPERATION INDUSTRIES FORUM FIXED FOR ISTANBUL, TO SEEK OPPORTUNITIES TO LEVERAGE THE REGION’S POTENTIAL.
THIS IS AS THE AFRICA BUSINESS FORUM SEEKS NEW AREAS OF TRADE, BOOST EXPORTS, INVESTMENTS, WITH RECORD PARTICIPATION.
ADDRESSING NEWSMEN, PRESIDENT OF THE EVENT, UTKU BENGISU NOTED THAT THE TRADE VOLUME BETWEEN THE EUROPEAN UNION AND AFRICA TOTALED 356 BILLION DOLLARS, WHILE CHINA AND AFRICA’S TRADE VOLUME REACHED 288 BILLION DOLLARS.
ACCORDING TO BENGISU, THE AFRICAN CONTINENT IS HOME TO A POPULATION OF 1.4 BILLION AND HAS THE POTENTIAL TO REACH 2.5 BILLION BY YEAR 2050.
SPEAKING FURTHER, HE ADDED THAT THE GROWING POPULATION POINTS TO A SIGNIFICANT POTENTIAL FOR NEW DEMAND EMERGING IN COSMETICS, MEDICINE, CONSTRUCTION, FURNITURE, TEXTILE, FOOD, AGRICULTURE, AND MORE.
