Business · Companies · 1 hr ago
Turkey-US summit aims to build lasting business ties
Turkey’s trade minister said the GO!
GLOBAL summit could help build lasting business ties as it continued in Istanbul.
The event brought together international technology and investment leaders with Turkish entrepreneurs and AI specialists, and represented investors with a combined $800 billion in investments.
Bolat said Turkey’s startup ecosystem is worth more than 40 billion euros and has over 1,000 venture-backed companies.
He highlighted possible cooperation with US businesses in areas including AI, fintech, software and e-commerce.
Turkey-US trade reached $38.5 billion last year, and Bolat said it would exceed $42 billion to $43 billion this year.
He also said the two countries could reach $50 billion in trade by 2028, while the summit aims to encourage lasting commercial relationships.
Turkey’s GO! GLOBAL summit in Istanbul brought together global technology and investment figures with Turkish entrepreneurs and AI talent.
Trade Minister Ömer Bolat said the summit could help establish lasting commercial ties.
Bolat said Turkish and American ventures had significant potential to cooperate in technology and other sectors.
He said bilateral trade between Turkey and the United States reached $38.5 billion last year and would exceed $42 billion this year.
Bolat said the two countries could reach $50 billion in trade by 2028, with a long-term target of $100 billion.
- Who
- Turkish Trade Minister Ömer Bolat spoke at the GO! GLOBAL Turkey Summit, which brought together global investors and Turkish entrepreneurs.
- What
- The summit focused on technology, investment and opportunities for lasting commercial ties, including between Turkish and American ventures.
- When
- The summit was in its second day. The article was published on October 24, 2026.
- Where
- Istanbul, Turkey.
- Why
- To support cooperation and lasting commercial relations, including between Turkish and American companies.
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- Summit
- GO! GLOBAL Turkey Summit
- Location
- Istanbul, Turkey
- Bilateral trade last year
- $38.5 billion, up 13%
- Bilateral trade forecast for this year
- More than $42-43 billion
- Trade target for 2028
- $50 billion
- Long-term bilateral trade target
- $100 billion
What people are saying
There is significant potential for cooperation between Turkish and American ventures in these fields.
We will definitely exceed the level of 42-43 billion dollars in bilateral trade this year.
GO! GLOBAL will contribute to establishing lasting commercial relations.