The authorities of Spain and Türkiye plan to increase annual trade turnover to 25 billion euros, Prime Minister Pedro Sanchez said at a press conference in Madrid with President Recep Tayyip Erdogan, Report informs referring to foreign media.

“At the high-level meeting in 2021, we set a target of achieving trade turnover of 20 billion euros per year – a figure that we are likely to exceed in the coming months,” the prime minister noted. “However, the growth potential is still great, and we have committed ourselves to achieve for this figure to increase to 25 billion euros.”