Over 150 business leaders gather to boost $100B US-Türkiye trade goal

The SelectUSA roadshow, a U.S. government program designed to facilitate job-creating business investment, was organized for the first time in Türkiye, bringing together over 150 business leaders for bilateral meetings between Turkish investors and U.S. state officials.

The event took place in Istanbul on Jan. 28, in collaboration with the Foreign Economic Relations Board (DEIK) and the U.S. Consulate, focusing on advancing the $100 billion bilateral trade goal between Türkiye and the U.S.

During the seminar, Turkish companies were introduced to investment opportunities in the U.S. states of Georgia, Maryland, Michigan, Ohio, South Carolina, and Virginia. Presentations covered incentives, tax advantages, and investment procedures, along with legal, financial, visa, and accounting aspects.

In the “Successful Investment Process for Turkish Investors in the U.S.” panel, the benefits of SelectUSA incentives for Turkish investors were discussed, while the “Assessments of U.S. Commercial Service Providers” panel provided insights into business establishment procedures and other key steps for firms looking to expand into the U.S. market.

“A major step toward achieving $100 billion trade goal”

TAIK Chairman Murat Ozyegin, whose remarks were included in the statement, expressed satisfaction in hosting Türkiye’s first-ever SelectUSA event, emphasizing that the platform offers Turkish companies a unique opportunity to explore investment prospects in the U.S.

Highlighting that the event marks a significant step toward the $100 billion trade volume goal between the two countries, Ozyegin pointed out the attractive investment opportunities for Turkish investors in South Carolina, Ohio, Virginia, Maryland, Michigan, and Georgia.

U.S. Consul General in Istanbul, Julie A. Eadeh, stated that the U.S. government actively supports businesses seeking opportunities in the American market through initiatives like SelectUSA, attracting foreign investment to the country.

“Both the U.S. and Türkiye have strong entrepreneurial ecosystems. It is well known that innovation is the driving force behind successful businesses in both countries. In this regard, there are numerous ways the two nations can collaborate to foster innovation and enhance business partnerships,” Eadeh noted.