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Economy

Turkey looks east for investment

ISTANBUL -- Turkey is looking to Asia as exchanges of goods with its main trade and investment partner, the European Union, diminish. Asia seems to welcome Turkey's return.

      Exports to the EU in 2003 constituted 58% of Turkey's total, as the country enjoyed the fruits of customs union with the bloc since 1996. By 2012, the ratio of Turkey's exports to the EU had decreased to 39%.

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