Latest news with #Bolat


Tourism Breaking News
10 hours ago
- Business
- Tourism Breaking News
Turkish Airlines Chairman Ahmet Bolat Reelected to the IATA Board of Directors
Post Views: 38 Turkish Airlines Chairman of the Board and the Executive Committee, Ahmet Bolat, has been reelected to the Board of Directors of the International Air Transport Association (IATA) for a second term during the IATA's 81st Annual General Meeting (AGM) held in New Delhi. During his three-year tenure, Prof. Bolat will continue to contribute to the global aviation vision and represent the industry among other leading aviation executives. IATA is one of the most influential international organizations shaping the global air transport sector. It plays a pivotal role in advocating the strategic interests of its member airlines and guiding the industry on key issues such as sustainability, operational efficiency, and digital transformation. Engagements of the IATA Board of Directors is instrumental in driving progress across the global aviation landscape. Commenting on his reelection, Turkish Airlines Chairman of the Board and the Executive Committee, Ahmet Bolat stated 'I am honored to be reelected to the IATA Board of Directors. This responsibility is not only a testament to the strength and vision of our airline, but also a significant opportunity to represent Türkiye's growing influence in the global aviation arena. As Turkish Airlines, we remain committed to actively contributing to IATA's strategic initiatives and the future of our industry.' Bolat's reelection reaffirms to Turkish Airlines' prominent role in global aviation and its unwavering commitment to fostering international collaboration. It also reinforces Türkiye's influential voice in shaping the future of the industry at the highest levels of global governance.


Web Release
12 hours ago
- Business
- Web Release
Turkish Airlines Chairman Prof. Ahmet Bolat Reelected to the IATA Board of Directors
Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Ahmet Bolat, has been reelected to the Board of Directors of the International Air Transport Association (IATA) for a second term during the IATA's 81st Annual General Meeting (AGM) held in New Delhi. During his three-year tenure, Prof. Bolat will continue to contribute to the global aviation vision and represent the industry among other leading aviation executives. IATA is one of the most influential international organizations shaping the global air transport sector. It plays a pivotal role in advocating the strategic interests of its member airlines and guiding the industry on key issues such as sustainability, operational efficiency, and digital transformation. Engagements of the IATA Board of Directors is instrumental in driving progress across the global aviation landscape. Commenting on his reelection, Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Ahmet Bolat stated 'I am honored to be reelected to the IATA Board of Directors. This responsibility is not only a testament to the strength and vision of our airline, but also a significant opportunity to represent Türkiye's growing influence in the global aviation arena. As Turkish Airlines, we remain committed to actively contributing to IATA's strategic initiatives and the future of our industry.' Prof. Bolat's reelection reaffirms to Turkish Airlines' prominent role in global aviation and its unwavering commitment to fostering international collaboration. It also reinforces Türkiye's influential voice in shaping the future of the industry at the highest levels of global governance.
Yahoo
07-05-2025
- Business
- Yahoo
Turkey, Britain to hold free trade agreement modernisation talks by end-July, trade minister says
ANKARA (Reuters) - Turkey and the United Kingdom agreed to hold the first round of negotiations to modernize and expand the scope of a Free Trade Agreement (FTA) between them by end-July, Turkish Trade Minister Omer Bolat said on Wednesday. The FTA between NATO allies Britain and Turkey was rolled over when Britain left the European Union in 2020, but a review by both sides in 2023 concluded there was room for improvement. In a post on X, Bolat said his meeting in London with UK Secretary of State for Business and Trade, Jonathan Reynolds, was productive and that the sides signed sections of the free trade agreement about motor vehicles and chemicals, taking an "important step in the modernization process." "Additionally, we agreed to hold the 8th session of the Türkiye–United Kingdom Joint Economic and Trade Committee (JETCO), where we will comprehensively assess our trade relations, in London later this year," Bolat added. (Reporting by Tuvan Gumrukcu and Huseyin Hayatsever; Editing by Toby Chopra)

Straits Times
07-05-2025
- Business
- Straits Times
Turkey, Britain to hold free trade agreement modernisation talks by end-July, trade minister says
ANKARA - Turkey and the United Kingdom agreed to hold the first round of negotiations to modernize and expand the scope of a Free Trade Agreement (FTA) between them by end-July, Turkish Trade Minister Omer Bolat said on Wednesday. The FTA between NATO allies Britain and Turkey was rolled over when Britain left the European Union in 2020, but a review by both sides in 2023 concluded there was room for improvement. In a post on X, Bolat said his meeting in London with UK Secretary of State for Business and Trade, Jonathan Reynolds, was productive and that the sides signed sections of the free trade agreement about motor vehicles and chemicals, taking an "important step in the modernization process." "Additionally, we agreed to hold the 8th session of the Türkiye–United Kingdom Joint Economic and Trade Committee (JETCO), where we will comprehensively assess our trade relations, in London later this year," Bolat added. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


Libya Herald
02-05-2025
- Business
- Libya Herald
Turkish Trade Minister's visit and Roundtable: New Libyan Turkish Bank to be established, Letters of Guarantee problem, restarting 2011 stalled contracts discussed
On the sidelines of the high-level visit conducted by Turkish Minister of Trade, Ömer Bolat, to Libya, accompanied by a large delegation of businessmen working in the construction sector, a Roundtable Meeting on construction cooperation was held last Wednesday (30 April) in Tripoli. The meeting was organized by the Tripoli Ministry of Economy and Trade, under the auspices of the Tripoli Chamber of Commerce and the General Authority for Exhibitions and Conferences. The meeting was attended by the Tripoli Minister of Economy and Trade, Mohamed Al-Hwej, Undersecretary of the Ministry of Economy, Dr. Suhail Abushiha, Chairman of the Tripoli Chamber of Commerce, Anwar Abu Sitta, Member of the Board of Directors of the Libyan Investment Authority (LIA), Mustafa Al-Manea and several Libyan businessmen. The Turkish Minister of Trade Bolat and his accompanying delegation included many Turkish businessmen involved in construction and building activities. Intensifying trade cooperation between the two countries Opening the Roundtable, Economy and Trade Minister Mohamed Al-Hwej focused on intensifying cooperation between the two countries. He stated that this visit represents a prelude to a qualitative shift in Libyan Turkish economic relations, beginning with restructuring all components, continuing to enhance the commercial aspect, which has reached very high levels, and training in all fields, on which we greatly rely. Future long-term vision in investment and transit trade Al-Hwej also addressed future visions for cooperation in the fields of investment and transit trade, expressing his hope for constructive cooperation and an effective long-term partnership between Libyan companies and their Turkish counterparts. New map and qualitative shift in Libyan Turkish cooperation Meanwhile, Turkish Trade Minister Bolat emphasised that the goal of this visit is to open more horizons for Libyan Turkish economic cooperation, saying, 'We have come to draw a new map for this cooperation and to bring about a qualitative shift in it. We have witnessed full cooperation from the Libyan side, and accordingly, we will hold regular meetings through the Technical Economic Committee signed today between our two countries''. Libyan Turkish Commercial Bank to be created ''We will cooperate in many areas, including the issue of Letters of Guarantee with Turkish banks. We have also agreed in principle to establish a Libyan Turkish Commercial Bank. We also discussed several important points with the Prime Minister, including the return of Turkish companies to complete the projects they have been assigned and have been suspended since 2011''. Call on Turkish companies to work with Libya's private sector The Chairman of Tripoli Chamber also reinforced the ambitions of this visit for both Libyan and Turkish sides by calling on the Turkish companies attending these events to cooperate with their Libyan private sector counterparts operating in the construction sector, which many rely on to effectively contribute to adding the necessary momentum to the massive construction phase the country is witnessing. He also emphasized that the Tripoli Chamber of Commerce and Industry is always ready to serve companies by coordinating bilateral meetings and providing the economic and investment information necessary to achieve their goals. Turkish companies wish to be active in Libya's construction revolution For their part, representatives of Turkish companies expressed their happiness with the results of this visit, stressing that they will have an active and distinguished presence in the construction and reconstruction revolution currently taking place in Libya, and will leave their mark on roads, dams, airports, and housing developments throughout Libya. Trade Minister meets Aldabaiba It is worth noting that the Turkish Trade Minister, and his accompanying delegation, had earlier held a meet with Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, during which they were briefed on the results of the meetings of the Libyan Turkish Technical Committee currently being held, which addressed economic issues of common priority and interest. . Turkish Trade Minister to lead construction and infrastructure delegation to Tripoli from 29-30 April Turkish trade delegation to visit Libya this April Minister of Economy and Trade follows up on trade with the private sector in Turkey Turkish Trade Minister to lead construction and infrastructure delegation to Tripoli from 29-30 April