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‘US wants to maintain its long-standing economic cooperation with Turkey’

‘US wants to maintain its long-standing economic cooperation with Turkey’

The U.S. wants to maintain its long-standing economic cooperation with Turkey, the country’s ambassador to Ankara said Wednesday, expressing Washington’s willingness to further strengthen existing commercial ties.

“The U.S. continues its commitment to deep-rooted and successful trade relations with Turkey,” David Satterfield told Anadolu Agency (AA).

Satterfield said the existing trade ties have benefited a large number of American and Turkish partners for many years.

Trade between Turkey and the U.S. has been on a steady rise over the last several years, and even the coronavirus pandemic did not prevent the volume from exceeding $20 billion in 2020.

The bilateral commerce amounted to some $20.68 billion in 2018, before it saw a slight drop to nearly $19.3 billion in 2019, according to the Turkish Statistical Institute (TurkStat) data.

The volume again increased in 2020, overshadowed by the pandemic, surging to approximately $20.1 billion, the data showed.