Business news

MINSK, 25 September (BelTA) – A delegation of the Istanbul Textile and Apparel Exporter Associations (ITKIB) will visit Belarus on 28 September to 1 October, BelTA learned from the press service of the Belarusian Ministry of Foreign Affairs.

The delegation will be headed by Chairman of the Istanbul Textile and Raw Material Exporters' Association Ismail Gulle. The delegation will also comprise four members of the governing councils and representatives of the ITKIB Secretariat. The visit has been organized by Bellegprom Concern, the National Agency of Investment and Privatization of Belarus, and the Belarusian Embassy in Turkey within the framework of preparations for the Belarusian Investment Forum to be held in Istanbul in October 2015.

The ITKIB delegation will hold meetings with Belarusian partner organizations and attend the expo Bellegprom 2015. The sides will discuss the prospects of trade, economic, and manufacturing cooperation and the implementation of investment projects aimed at the market of the Eurasian Economic Union in Belarus. Besides, they will visit Belarusian light industry enterprises and promising investment platforms.

At present, ITKIB has a membership of more than 16,000. It is the largest association of light industry enterprises in Europe. ITKIB members account for some 15% of the total amount of Turkey’s merchandise export, including the export of ready-made garments (some $13 billion per year), textile products and raw materials (over $5 billion), leather and leather goods (around $1 billion), and carpets (over $1 billion).