Spain and Turkey: a budding relation

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Series Details No 63, April 2009
Publication Date 15/04/2009
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Spain and Turkey are enjoying a burgeoning economic and political relation. Two-way trade more than doubled between 2002 and 2008 –excluding the EU, Turkey is Spain’s third most important trade partner after the US and Mexico–, Spanish direct investment in Turkey has grown considerably in the last four years and the countries’ two Prime Ministers co-sponsor the UN-backed ‘Alliance of Civilisations’, an initiative in the field of preventive diplomacy to defuse tensions between the West and Islam.

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