Chinese electric vehicle manufacturer BYD's investment process in Turkey continues without any problems, Turkish industry ministry sources said on Thursday when asked about China's warning to its companies about risks of investing overseas.
Istanbul, Turkey, BYD Atto 3 © Mena Today
Chinese electric vehicle manufacturer BYD's investment process in Turkey continues without any problems, Turkish industry ministry sources said on Thursday when asked about China's warning to its companies about risks of investing overseas.
Discussions are underway with other Chinese carmakers for new investments, the sources added, requesting anonymity.
Citing two people briefed on the matter, Reuters reported on Thursday that China's commerce ministry recently warned the country's carmakers of the risks of making auto-related investments overseas.
Reporting by Nevzat Devranoglu and Huseyin Hayatsever
President Volodymyr Zelenskiy said on Thursday that Ukraine saw Turkey as a partner in security guarantees for his country, and added that Kyiv was ready to ratify a free trade agreement between the states.
Turkey's foreign minister, defence minister and the head of the MIT intelligence agency are in Damascus on a working visit, the Turkish Foreign Ministry said on Thursday, without providing details.
Iran's foreign minister Abbas Araqchi has not ruled out talks with Washington, but says they can only take place if both countries are on "equal terms," an Iranian state-run newspaper reported on Thursday.
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