Turkey's exports exceeds year-end target

09:07, December 31, 2010      

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Turkey's exports this year totaled 112.7 billion U.S. dollars near the end of 2010 and exceeded the government's year-end target of 111.7 billion U.S. dollars, the semi-official Anatolia news agency reported Thursday.

The exports as of Dec. 27 evening was 1 billion U.S. dollars above year-end target and the annual export volume could surpass 120 billion U.S. dollars, 17.5 percent higher than last year's total, Turkish State Minister for Foreign Trade Zafer Caglayan was quoted of telling a meeting here.

December exports reached 10.5 billion U.S. dollars as of Dec. 29 and would exceed 11 billion U.S. dollars, the highest monthly figure in the last 27 months, said Caglayan.

The government targets 127.5 billion U.S. dollars of exports for 2011 and 500 billion U.S. dollars by 2023.

Source: Xinhua
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