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Turkish Ready-Wear Firms eyeing Northen Iraq

Turkish ready-wear companies are expanding to the northern Iraqi market as relations between Turkey and the neighboring region continue to blossom, local officials have said.

The region is going through a transformation now, with more people looking for quality and name brands, Nevzat Hadi, the Arbil governor, said yesterday during a branch opening of a leading Turkish ready-wear brand, DeFactor, in Arbil. Turkish brands dominate the region, he stated, attributing this fact to the improving relations between Turkey and northern Iraq.

“There are many Turkish brands in the stores here. People see the name of Turkey as proof of quality,” said Aydın Selcen, Turkey’s consul general to Arbil, calling on more Turkish companies to enter the northern Iraqi market and make investments.

Turkey’s commercial attaché to Arbil, Deniz Kutlu, said Turkey’s trade volume with Iraq amounts to $6 billion, $5.2 billion of which is Turkey’s exports to the country. “A large part of this amount is made up of textile and ready-wear goods,” he added. İstanbul Today’s Zaman

Source: www.todayszaman.com

From the Egytex news archive, first published on 19 July 2010. Figures and names are as reported at the time.

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