The U.S.-Turkey friendship dates to 1831, when the United States established diplomatic relations with the Ottoman Empire. After World War I and the founding of the Turkish Republic, the United States established diplomatic relations with Turkey in 1927. The Economic and Technical Cooperation agreement – signed July 12, 1947 between the United States and Turkey – advanced the relationship further. The agreement implemented the Truman Doctrine and its policy “to support free peoples who are resisting attempted subjugation by armed minorities or by outside pressures.” The United States condemned the July 15, 2016, coup attempt in Turkey and continues to emphasize the importance of Turkish government responses that build public trust in Turkey’s democratic institutions and the rule of law consistent with human rights’ commitments. Turkey is a key NATO Ally and critical regional partner, and the United States is committed to improving the relationship between our two countries. It is in our interest to keep Turkey anchored to the Euro-Atlantic community.
Bilateral Economic Relations
Although overall U.S.-Turkey trade jumped from $10.8 billion in 2009 to $20.5 billion in 2018, it remains modest compared to its potential. In 2017, Turkey was the United States’ 28th largest goods export market and its 34th largest supplier of goods imports. Turkey is the 10th largest purchaser of U.S. LNG exports worldwide and an emerging regional energy hub. The top categories of U.S. exports to Turkey include aircraft, mineral fuels, iron and steel, machinery, cotton, and agriculture. The top import categories from Turkey include machinery, vehicles, carpet and other textile coverings, iron and steel and their products, agriculture, and stone, plaster, cement. Reported U.S. direct investment in Turkey is led by manufacturing, wholesale trade, and finance and insurance. Although not a member of the European Union (EU), Turkey has a customs union with the EU.