Poland President Andrzej Sebastian Duda’s visit to Ankara yesterday resulted in a sale agreement. Poland will buy 24 Bayraktar TB2 type Unmanned Aerial Vehicles (UAVs) from Turkey. “Turkey will export UAVs for the first time in its history to a NATO and European Union state,” said President Erdogan during the joint press conference held after the signature ceremony. Turkey has previously exported TB2 type UAVs to Ukraine, Qatar, and Azerbaijan. President Erdogan also announced that Turkish F-16 jets will be sent soon to Poland within the scope of the NATO’s Baltic Air Policing mission. Poland earlier deployed a marine patrol aircraft and a military mission to the country’s Incirlik Base, where Duda will visit today.
President Erdogan and his Polish counterpart Duda also will improve trade ties. Accordingly, the parties aim to increase bilateral trade up to USD 10bn. Trade volume between the two countries currently stands at USD 6.5bn.
Looking at the money markets, USD/TRY keeps yesterday’s levels hovering around 8.38-8.40, while EUR/TRY is traded at just above 10.30.
Spot gold sees USD 1,884 per ounce at international markets. Brent crude has increased for three consecutive days and reached USD 68,24.
The seasonally-adjusted confidence index declined by 1.1% to 102.2 in the services sector, by 2.1% to 100.9 in the retail sector and rose by 3% to 79.6 in the construction sector in May, compared to the previous month, according to the Turkish Statistical Institute (TurkStat).
The Real Sector Confidence Index decreased by 0.7 points to 110.3 in May, compared to the previous month, according to the Central Bank.
The Capacity Utilization Rate of the Manufacturing Industry (CUR) dropped 0.6 points to 75.3 in May, compared to the previous month, according to the Central Bank.
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