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Spain and Turkey: a budding relation 15 avril 2009

Posted by Acturca in Economy / Economie, EU / UE, Turkey / Turquie, Turkey-EU / Turquie-UE.
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Real Instituto Elcano de Estudios Internacionales y Estratégicos (Spain), 15/4/2009 
 
By William Chislett * 
 
Spain and Turkey are enjoying a burgeoning economic and political relation. Two-way trade more than doubled between 2002 and 2008 –excluding the EU, Turkey is Spain’s third most important trade partner after the US and Mexico–, Spanish direct investment in Turkey has grown considerably in the last four years and the countries’ two Prime Ministers co-sponsor the UN-backed ‘Alliance of Civilisations’, an initiative in the field of preventive diplomacy to defuse tensions between the West and Islam.

* Writer, author of four Working Papers on Turkey for the Elcano Royal Institute.

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