President of the Republic of Turkey Mr. Recep Tayyip Erdogan paid a State Visit to India from 30 April-01 May 2017.
The Prime Minister of India, Narendra Modi held a one-to- one meeting with President Erdogan, followed by discussions at delegation level.
Both Leaders noted the current levels of bilateral trade standing at USD 6.4 billion and agreed that the trade and investment relations between India and Turkey had immense untapped potential for growth. The two Leaders agreed to encourage business efforts to achieve a level of at least USD 10 billion by 2020 in bilateral trade.
Prime Minister Modi highlighted that Turkish investments inIndia’s manufacturing sector, especially in India’s flagship programmes like “Make in India” would be mutually beneficial to both sides.
Pointing to the importance of energy in bilateral relations, both Leaders expressed their willingness to improve cooperation in the fields of hydrocarbons, renewable energy (solar and wind) and energy efficiency.
President Erdogan welcomed India’saccession to the Missile Technology Control Regime (MTCR) in June 2016. Prime Minister Modi thanked President Erdogan forTurkey’s support for India’s membership of the MTCR andapplications to join the Nuclear Suppliers Group and Wassenaar Arrangement.
The following bilateral agreements were signed during the visit:
-Cultural Exchange Program for 2017-2020
-MoU for Cooperation between Foreign Service Institute of India and Diplomacy Academy of Turkey
-Agreement on Gainful Occupation for Family Members of the Members of Diplomatic Mission or Consular Post
-MoU between Telecom Regulatory Authority of India (TRAI), India and Information and Communication Technologies Authority (ICTA), Turkey
-Cooperation Agreement between Press Trust of India (PTI)and Anadolu Agency (AA) of Turkey