Türkiye regulations · 24 October 2026
Türkiye-Slovakia JETCO talks explore environmental and water cooperation
The first-session JETCO Protocol and an export-credit memorandum were signed. Environmental protection, water management and green transformation featured as potential cooperation areas.
Türkiye and Slovakia signed their first-session Joint Economic and Trade Committee (JETCO) Protocol, according to the Turkish Ministry of Trade's announcement dated 23 October 2026. Energy, environmental protection and water management featured among potential areas for diversifying economic relations. The announcement covers both signed documents and expectations for future investment and cooperation. [Source](https://ticaret.gov.tr/haberler/ticaret-bakani-omer-bolat-slovakya-ile-5-milyar-dolarlik-ticaret-hedefine-gelecek-yil-ulasiriz)
Signed documents and meeting scope
Trade Minister Ömer Bolat and Slovak Deputy Prime Minister and Economy Minister Denisa Sakova participated in discussions during programmes at DEİK headquarters. Alongside the JETCO Protocol, Türk Eximbank and Slovakia's Eximbanka SR signed a memorandum of understanding. Bolat said cooperation between export-credit agencies would support entrepreneurs. The source provides neither a funding allocation nor a project list for specific environmental initiatives under these documents. The confirmed signatures therefore need to be distinguished from broader sectoral expectations. [Source](https://ticaret.gov.tr/haberler/ticaret-bakani-omer-bolat-slovakya-ile-5-milyar-dolarlik-ticaret-hedefine-gelecek-yil-ulasiriz)
Official source: Ministry of Trade ↗Exploring environmental and water cooperation
Sakova said the countries wanted to extend their automotive industry cooperation into other sectors. She identified energy, transport, agriculture, environmental protection, water management, science, the space industry and food technologies as areas to explore. She described JETCO as a platform for identifying potential cooperation. These comments indicate an intention to pursue environmental and water-related opportunities; the source does not announce a specific new obligation, implementation timetable or approved project in either field. [Source](https://ticaret.gov.tr/haberler/ticaret-bakani-omer-bolat-slovakya-ile-5-milyar-dolarlik-ticaret-hedefine-gelecek-yil-ulasiriz)
Official source: Ministry of Trade ↗Green transformation and energy investment
Bolat said Slovakia was implementing a comprehensive green transformation programme and that Turkish investors could contribute to its delivery. He also identified possible roles for Turkish companies in housing, an LNG terminal, a cargo port and other energy projects. He reported existing reciprocal investments in renewable energy, logistics, construction, metals and automotive industries. The announcement supplies no emissions-reduction, environmental-performance or additional-capacity figures for these investment areas, so no such outcomes are attributed to them. [Source](https://ticaret.gov.tr/haberler/ticaret-bakani-omer-bolat-slovakya-ile-5-milyar-dolarlik-ticaret-hedefine-gelecek-yil-ulasiriz)
Official source: Ministry of Trade ↗Trade target and further discussions
Bolat said bilateral trade had increased from $1 billion in 2019 to $4.3 billion last year. He expected the $5 billion target to be reached by this year-end or next year. He also reported agreement to hold a Slovakia Logistics and Investment Forum in Istanbul early next year, preferably in January. No exact day was provided. These statements reflect expectations for expanding economic ties with business participation; the trade target is not presented as an achieved result. [Source](https://ticaret.gov.tr/haberler/ticaret-bakani-omer-bolat-slovakya-ile-5-milyar-dolarlik-ticaret-hedefine-gelecek-yil-ulasiriz)
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