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TRUCKING MARKETS * Turkey - The historic Silk Road
As roads are being patched and palms greased, the historic Silk Road, once a vital artery connecting Europe to Asia, is coming back to life
Istanbul,Turkey -Today's Zaman, by DANIEL MCINTOSH -12 April 2009: -- ... As roads are being patched and palms greased, the historic Silk Road, once a vital artery connecting Europe to Asia, is coming back to life. But in order to reclaim Turkey’s historical position in land trade as a link between Europe and Asia, great hurdles must still be overcome... Showing a 5 percent increase in the number of Turkish trade vehicles crossing Turkey’s eastern borders in the first two months of the year, and a 15 percent growth when only considering January, the future looks optimistic for business in the East, whereas Europe-bound exports leaving Turkey’s western border have taken a worrisome 29 percent decline... Turkey’s east-bound exports, escaping the economic chaos currently consuming Europe, are breaking through the economic crunch that has tightened business markets. Turkey is optimistically looking east... To those in the know, international business interests in Central Asia are nothing new. In fact, Turkey’s exports to the Turkic republics of Central Asia have been flourishing since the beginning of 2001, when they were at a mere $557,000, according to the International Transporters’ Association (UND). In line with increasing stability in the region, the figure has grown annually by nearly 30-45 percent in value and reached approximately $3,747,000 in 2008... (Image from Wikipedia: Silk Route extant)
Labels: trucking markets worldwide
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