TURKISH TEXTILE INDUSTRY WILL FLOURISHES DESPITE CURRENCY CRASH – ISTANBUL TRADE EXPERT PREDICTS
August 1st, 2018
A TRADE and investment expert based in Istanbul has told WTiN.com that the prospects for Turkey’s textile industry are bright despite the current economic and political challenges facing the country.
The value of Turkey’s currency, the lira, has dropped by 45% this year due to a range of financial difficulties being experienced by the country. And US President Donald Trump announced on August 10th that US import tariffs on Turkish steel and aluminium would be doubled. The trade dispute emerged following Turkey’s detention of a Christian evangelical ...
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