Turkey's Economy Minister Nihat Zeybekci and German Minister for Economics and Energy Brigitte Zypries hold a joint press conference after their meeting in Berlin, Germany on May 8.
Speaking after meeting, ministers said that bilateral trade volume could double to 70 billion euros a year. Given the current trade volume and investments totalling 12 billion euros, Zypries said Germany was Turkey's most important business partner and Berlin was keen to expand business ties.
But Ankara needed to ensure the rule of law and set reliable framework conditions to facilitate continued investment by German companies in Turkey.
"We need clear assurances about the legal securities," Zypries said. "The rule of law is a central requirement for the German government and German industry. Companies need reliable framework conditions to make investment decisions."
She told reporters that a joint economic commission was due to meet around the end of the year, and a German-Turkish energy forum was also to be reactivated.
