Economic Relations between Turkey and Germany

Abstract:

This paper examines the economic relations between Turkey and Germany, Turkey’s number one trade partner for over a century. It first ascertains that the relations between the two countries are based on mutual interests rather than 'historical friendship' or 'brotherhood of arms'.

Second of all, this paper explains, with data, how trade and mutual investments between Turkey and Germany have been developed. Third of all, this paper determines that the level of economic relations between Turkey and Germany is lower than it should be, considering their foreign policy orientations based on economic interest. Lastly, this paper underlines potential areas of contribution to the development of expanded economic relations.