
Turkish foundations in United States to whom President Abdullah Gul allocate responsibility for increasing the volume of trade between Turkey and United States, saved 2 billion dollars of annual exportation of Turkey to State of California by preventing a
The resolution that is presented to the state parliament of California by Democrat Party representative Paul Krekorian targets to ban American companies to trade with Turkish companies due to the claims of so called Armenian genocide. Efforts of Turkish foundations in United States prevented the
Turkish American Legal Defence Fund (TALDF) which is supported by
TABA Board Chairman, Businessman Ugur Terzioglu stated that Armenians came with an absurd demand and court rejected their proposal. He said that so called Armenian genocide would be recognized in a roundabout way if this resolution was passed from the senate.
Terzioglu said, “Our President Abdullah Gul invited us and allocated us responsibility of increasing the volume of trade between Turkey and United States. We are aiming to increase the trade to
The decision of the court also caused relief among the companies like BP, Shell, AXA and Nestle which trade with Turkey since 100 years.
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