Philenews

The Allure of Increasing Bilateral Trade to $10 Billion

Published February 13, 2026, 09:22
The Allure of Increasing Bilateral Trade to $10 Billion

One of the highlights of the meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in Ankara was the agreement to increase bilateral trade to $10 billion by 2030. This goal is considered important, as economic agreements can influence bilateral relations. The article analyzes that achieving this goal requires a 45% increase in trade transactions compared to current levels (approximately $6.7 billion in 2025). To make this happen, a positive climate in Greek-Turkish relations is needed, meaning avoiding actions that cause tension. The author argues that both sides should demonstrate restraint and avoid actions that could escalate tensions in the Aegean. Greece should react calmly to potential provocative actions by Turkey, such as conducting research in disputed maritime areas, in order to keep the path open for strengthening economic cooperation.