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Industrial<br />
investment from<br />
Turkey to Ukraine<br />
Turkish companies constitute the majority<br />
of the companies in the industrial zone to be<br />
established in Mariupol City.<br />
<strong>February</strong> <strong>2022</strong> | About Us<br />
Ukraine is the largest country located<br />
entirely within Europe. With the<br />
establishment of the powerful Kievan<br />
Principality, which formed the basis of<br />
Ukrainian identity in the Middle Ages, it<br />
became an important center of East Slavic<br />
culture.<br />
Most of the trade between Ukraine and<br />
Turkey consists of textile and ready-made<br />
clothing products.<br />
Due to the fact that the products imported<br />
from Turkey are economical, Ukraine meets<br />
approximately 70% of its textile products<br />
from Turkey. Mostly by sea, land and air<br />
cargo are also used in imports and exports<br />
between the two countries. Another form<br />
of trade is the suitcase trade. It happens<br />
when people coming from Ukraine sell<br />
the goods they brought with them in their<br />
suitcases in Turkey and take the goods they<br />
bought from here back to their countries.<br />
Ukraine, which is our 18th largest market<br />
in our ready-to-wear and apparel exports,<br />
ranks 19th in our total textile and raw<br />
materials exports.<br />
In Ukrainian trade, there is trade secret<br />
protection. Administrative sanctions<br />
are carried out by the Anti-Monopoly<br />
Committee.<br />
In the January-April period of 2021, $<br />
61.6 million worth of ready-to-wear and<br />
apparel exports and $42.2 million worth of<br />
textiles and raw materials were exported to<br />
Ukraine. Ukraine, which is the 49th largest<br />
exporter in the world with $49.4 billion, is<br />
the 48th largest importer in the world with<br />
$54 billion. As Ukraine’s largest apparel<br />
and apparel supplier is China, which has<br />
a share of 34.8% with a value of $ 374.1<br />
million, and Turkey becomes the second<br />
supplier country with a 19.9% share and<br />
an import of 213.7 million dollars.<br />
Located on historical trade routes, Odessa,<br />
as the largest port of the Black Sea, provides<br />
the commercial link between the “East” and<br />
the “West”. The 18 most important ports of<br />
Ukraine are located within the borders of<br />
Odessa Region. 73.5% of the total volume<br />
of cargo transferred at Odessa ports is<br />
export cargo.<br />
Most of the companies in Mariupol<br />
are Turkish<br />
The majority of the companies in the<br />
industrial zone to be established in<br />
Mariupol City are Turkish companies.<br />
Work is underway for the construction<br />
of Azov Aqua Invest Organized Industrial<br />
Zone, in which Turkish companies will<br />
predominate, in Mariupol, Ukraine. In<br />
the statement made by the Mariupol City<br />
Council, it was stated that within the scope<br />
of the agreement, an initial investment<br />
of 250 million hryvnia (approximately 9<br />
million dollars) will be made in the region.<br />
It is envisaged to provide employment<br />
for 600 people in the industrial zone to<br />
be established. It is foreseen that the<br />
industrial zone, which is planned to<br />
produce elevators, metal structures and<br />
automotive spare parts, will consist of 7<br />
sections.<br />
It is planned to include 11 factories and a<br />
trade center on the land, which is collected<br />
free of charge by the Ukrainian State and<br />
the infrastructure works are covered by<br />
the state.<br />
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