Erdogan Proposes to Abandon US Dollar in International Trade

Erdogan Proposes to Abandon US Dollar in International Trade
Fecha de publicación: 
3 September 2018
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Ankara, Sep 3 (Prensa Latina) President Recep Tayyip Erdogan pleaded today to reduce the dependence of the U.S. dollar in the international trade during the 6th Summit of Heads of State of the Cooperation Council of Turkic Speaking States, met in Kyrgyzstan.

The Turkish leader assured that the North American currency already became an obstacle for his country's economy and proposed the other leaders 'to exchange (in commercial transactions) our own currencies instead of U.S. dollar.'

The Turkish Council meeting, which took place at the Rukh Ordo cultural center in Bishkek, was organized by Kyrgyzstan's President, Sooronbay Jeenbekov, the presidents of Turkey, Azerbaidzhan, Kazakhstan and Uzbekistan participated, and Hungary, invited as an observer, was represented by its prime minister.

Erdogan and Jeenbekov showed yesterday their interest in strengthening bilateral economic ties, while emphasizing the importance to use national currencies for trade between both countries in the framework of the Kyrgyzstan-Turkey Business Forum held in Bishkek.

Erdogan will end today a three-day official visit to Kyrgyzstan, where he met with different high-level economic and political actors.

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