ISTANBUL--Turkey will take steps to promote exports in service-related industries in an effort to boost sales abroad and attract more foreign cash as it seeks to triple its $780 billion economy in the next decade, Economy Minister Zafer Caglayan said Friday.
The government will focus its efforts in technology, education, health and entertainment, mainly movies and soap operas, Mr. Caglayan said as he unveiled the plan, titled "Exporting Services."
Turkey is seeking to increase its services exports to $150 billion by 2023, the republic's centenary, from $39 billion last year. That is still less than a third of the $500 billion target for sales of goods to foreign countries in the next 11 years, when Turkey aims to expand gross domestic product to $2 trillion and per capita GDP to $25,000, from just above $10,000 now. Exports totaled $135 billion in 2011, or 17% of GDP.
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