BREAKING NEWS

Here are the families that control the media and make bargains with the government in Albania, "Freedom House" gives the alarm, the presence of corruption, Berisha's continuous attempts to destabilize the country and sabotage the disturbing SPAK, the r...

Here are the families that control the media and make bargains with the
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BREAKING NEWS

Bardhyl Reso's "bombshell": Edi Rama has a file in the USA, in 2025 he will no longer be prime minister and the socialists won with votes, this is the danger that awaits him

Bardhyl Reso's "bombshell": Edi Rama has a file in the USA, in
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BREAKING NEWS

Monika Kryemadhi explodes against Ilir Meta, hints that she is becoming his "victim", the couple is in deep crisis after sinking from SPAK

Monika Kryemadhi explodes against Ilir Meta, hints that she is becoming his
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BREAKING NEWS

Here is the suspicious movement of money between Monika Kryemadhi and her mother who set SPAK in motion, the entire source of the fabulous wealth of the "Meta" family lies in the donation of 500 m2 of land and the saving of 5 million lek, their palace ...

Here is the suspicious movement of money between Monika Kryemadhi and her mother
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BREAKING NEWS

The "kamikazes" of Berisha and Meta set fire to the Municipality of Tirana, the gang leader Argita Malltezi, the son of Fahri Balli, Tedi Blushi and the "socialist" Belind Kelliçi, this is what happened in the protest against Erion Veliaj

The "kamikazes" of Berisha and Meta set fire to the Municipality of
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BREAKING NEWS

The troubles for Sali Berisha have just started, here's how all the courts closed their doors and left him in isolation, about to open other files from SPAK for murder, property robbery and theft

The troubles for Sali Berisha have just started, here's how all the courts
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BREAKING NEWS

Edi Rama ignores the decision of the Constitutional Court for Olta Xhaçka, the SP rejects the opposition's request, the socialist MP defends her husband as a strategic investor, debates and accusations between the parties

Edi Rama ignores the decision of the Constitutional Court for Olta
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BREAKING NEWS

Rama's scenario for the rehabilitation of "non-women" continues, Bardhi demands the inclusion of Sali Berisha in the PD group, the USA kicked her out the door, the prime minister puts her in through the window

Rama's scenario for the rehabilitation of "non-women" continues,
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Opinion / Editorial

2 billion euros with Turkey? Why not?

2 billion euros with Turkey? Why not?

With the visit of Prime Minister Edi Rama and half of his cabinet to Ankara for the Strategic Cooperation Council between the two countries, Albania and Turkey affirmed the start of a new stage of strategic cooperation in the field of economy. In the last three decades, Turkey has helped us with extraordinary generosity in the most critical periods of our country's history, and we as a people and government are grateful to the Turkish people and government. In the terrible year 1997, Turkish aid was very important. In January 2021, in the middle of the Covid-19 pandemic, when all the countries of Western Europe had their own problems with the provision of vaccines, it was the friendly country of Turkey and its President who enabled us to supply one million vaccines against the pandemic. In the devastating earthquake of November 26, 2019, the next day, November 27, the first aid to the survivors came precisely from Turkey. This country donated 70 million dollars to build 500 apartments in Laç for the families who had lost their homes due to the earthquake and in a short time it fulfilled the promise. Within three months, in the middle of the pandemic, the Turkish state provided most of the 70 million euros of the construction of the modern regional hospital of Fier. In the press conference with Prime Minister Rama, Turkish President Recep Tayyip Erdogan stated that "With the efforts of our private sector, we will reach the figure of 2 billion dollars very quickly. Turkey is one of the 5 largest foreign investors in Albania, with 3.5 billion dollars. We will continue to work mutually, to increase investments". According to INSTAT data, at the end of 2023, the trade volume between the two countries dropped from 1 billion and 160 million euros in 2022, to only 870 million euros. The reasons for the decline of one-third of our trade relations within one year must be clearly analyzed. However, our Turkish partners and friends are optimistic and this is very important. Turkish capital investments in us and trade exchanges between Albania and Turkey have been increasing over time. Since 2005, they have seen a progressive increase of 10 or 15 percent year after year. In the beginning, the machinery and equipment that we imported from Turkey prevailed, since the machinery and equipment produced in Turkey have more favorable prices than those produced in Western Europe. After 2013, when local investments in infrastructure and construction increased significantly, construction materials and metals took the first place among our imports from Turkey. The specific weight of food imported from Turkey came down, to be replaced by textiles, leather, plastics and chemicals. Meanwhile, the friendly country is the third largest investor in our country, after Italy and the Netherlands. Turkish investments in the 9-month January-September of 2023 were 126 million euros. According to data from the Bank of Albania, Turkish investments only during the third quarter of 2023, that is, in July-September 2023, they reached the value of 58 million euros, increasing by 3.6 percent, compared to the same period last year. Referring to historical data since 2014, the peak of investments was recorded during the second quarter of April-June 2022, with around 61 million euros. The sectors with significant presence of Turkish capital in us are mainly the banking system, heavy industry, the construction sector and energy. In energy, Turkish capital owns and manages the two hydropower plants on the Fan River, that of Ulza and Shkopet, as well as the Butrinti 1 and 2 hydropower plants. Turkish companies are present in many constructions in infrastructure and tourism. 49 percent of the investments in the construction of the Vlora Airport belong to the Turkish company that built the modern Fier Hospital in three months during the pandemic. According to Prime Minister Rama, the number of tourists from Turkey in 2023 increased by 30 percent. All the conditions are there for trade, our economic relations and Turkish investments to grow significantly this year and in the coming years. The move of the two Albanian governments with the meeting of the Strategic Cooperation Council in Ankara yesterday, came at the right time.