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Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan announced a strategic partnership on Thursday that will include efforts to grow bilateral trade and investment in artificial intelligence, defence production, aerospace and energy supply. (The Logic)
Talking point: In Ankara, Carney called Turkey an “exceptional partner” at the nexus of Europe, the Middle East and the rest of Asia, as Canada strives to reduce its economic reliance on the U.S. Turkey also has free trade deals with 24 countries. Canada and Turkey are set to hold the first round of talks toward a bilateral trade agreement next month. Carney and Erdogan also pledged co-operation in areas such as liquefied natural gas, nuclear energy and critical minerals. They agreed to help Canadian and Turkish defence companies work together and secured an air transport deal that would increase the number of passenger flights. Two-way trade surpassed $4.3 billion in 2025.
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