Business · Trade · 5 hrs ago
Turkish firms urged to build production and logistics bases in the Baltics
Turkish ambassadors are urging companies to invest in Lithuania and Latvia, two Baltic countries that can provide access to EU and Nordic markets.
They say firms should go beyond exporting goods and consider setting up production, assembly, storage and distribution operations there.
The push comes as EU trade measures, including carbon rules and road transport quotas, create barriers for some exporters.
The ambassadors say local operations could help Turkish firms compete and maintain a lasting presence in European markets.
Turkey-Lithuania trade reached $1.1 billion last year, and the two sides have set a target of $1.5 billion to $2 billion.
Lithuania will hold the EU Council presidency in 2027, when it plans to host international business forums and trade events.
Turkey and Latvia are aiming first for $1 billion in trade, up from about $440 million, with Latvia presented as a potential storage and distribution hub.
Turkish firms are being urged to establish joint production, storage, assembly and distribution facilities in Lithuania and Latvia.
The Baltic countries are presented as gateways to the European Union and Nordic markets, with digital infrastructure, skilled workers and investment incentives.
Turkish Ambassador to Lithuania Esra Topçu said the countries could help firms respond to EU protectionist measures and carbon rules.
Turkey-Lithuania trade reached $1.1 billion last year, while the two countries have set a target of $1.5 billion to $2 billion.
Turkish Ambassador to Latvia Ahmet Cemil Miroğlu said the countries’ current trade volume is about $440 million and an initial goal of $1 billion is planned.
- Who
- Turkish firms, encouraged by Turkey’s ambassadors to Lithuania and Latvia.
- What
- They are urged to set up joint production, storage, assembly and regional distribution operations in the Baltic countries.
- When
- The article was published on October 18, 2026; Lithuania is due to hold the EU Council presidency in 2027.
- Where
- Lithuania and Latvia, with Estonia also identified as a potential investment base.
- Why
- The Baltic countries offer access to EU and Nordic markets, digital infrastructure, investment incentives and opportunities to address EU trade barriers.
This story does not have two clearly opposing sides.
Turkey-Lithuania trade has exceeded $1 billion since this year, according to the article.
Turkey-Lithuania trade reached $1.1 billion.
Dünya published the article urging Turkish firms to establish operations in the Baltic countries.
Lithuania is due to assume the rotating presidency of the EU Council.
- Turkey-Lithuania trade
- $1.1 billion last year
- Turkey-Lithuania trade target
- $1.5 billion to $2 billion
- Turkey-Latvia trade
- About $440 million
- Latvia population
- 1.8 million
- Lithuania EU Council presidency
- 2027
What people are saying
Hedefimizi 1,5-2 milyar dolar seviyesine çıkardık.
Litvanya küçük bir ülke gibi görünebilir ancak stratejik değeri ve teşvikleri çok yüksek.
Letonya’da 3-4 dil bilen,