Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Erdogan hails 'meaningful progress' in his talks with Trump
    Finance

    Erdogan Hails 'meaningful Progress' in His Talks With Trump

    Published by Global Banking & Finance Review®

    Posted on September 26, 2025

    3 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    Erdogan hails 'meaningful progress' in his talks with Trump - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidenttradefinancial communityinternational capital

    Quick Summary

    Erdogan and Trump made progress on defense and trade, discussed Middle East peace, but left F-35 and sanctions issues unresolved.

    Erdogan hails 'meaningful progress' in his talks with Trump

    Key Outcomes from Erdogan-Trump Meeting

    ANKARA (Reuters) -Turkish President Tayyip Erdogan said he and President Donald Trump had made "meaningful progress" on a range of regional and bilateral issues at their first meeting in the White House in six years, where they discussed defence cooperation and trade. 

    However, a readout of Erdogan's comments to reporters on his return trip from Washington made no direct reference to Turkey's purchases of Russian oil or of U.S. fighter jets, which were a central part of Thursday's talks.

    After a cool relationship with Trump's predecessor Joe Biden, Ankara has been keen to leverage the friendly personal ties between Erdogan and Trump and to take advantage of a U.S. administration eager to make deals in return for big-ticket arms and trade agreements.

    ERDOGAN LEFT WHITE HOUSE TALKS 'HAPPY'

    Trade and Economic Discussions

    Erdogan said they had exchanged views on steps to boost trade, including the revision of customs duties to achieve their $100-billion target, and added that he had left "happy" after the meeting.

    "It's certainly impossible to resolve every issue in a single meeting. However, this meeting has led to meaningful progress on many issues," he said according to a transcript shared by his office on Friday. 

    Unveiling a long-awaited deal following the meeting, Turkish Airlines said it would order 75 Boeing 787 planes and had completed negotiations for 150 737 MAX planes, subject to engine talks.

    Following the talks, Trump said he believed Turkey, a NATO ally, would agree to his request to stop purchasing Russian oil. Turkey has in recent years diversified its energy supply channels, but has also opposed Western sanctions against Russia over its full-scale invasion of Ukraine, saying it needs to balance ties with Moscow and Kyiv.

    The Kremlin, commenting on the Trump-Erdogan talks, said on Friday that cooperation between Russia and Turkey was continuing. 

    While the Turkish transcript did not mention oil, Turkey's energy minister said the allies signed a strategic civil nuclear cooperation memorandum of understanding.

    Military and Sanction Issues

    FATE OF F-35 JETS, SANCTIONS UNCLEAR

    Ahead of the meeting, both Erdogan and Trump had highlighted as key agenda points Turkey's purchase of Lockheed Martin's F-16 fighter jets and its desire to overcome U.S. sanctions so it can buy advanced F-35 jets.

    Trump also told reporters, both before and after the meeting, that he might lift the sanctions, which Washington imposed in 2020 - during Trump's first term - over Ankara's acquisition of Russian S-400 missile defences.

    The sanctions also ousted Turkey from an F-35 programme in which it was a buyer and manufacturer, prompting Ankara to develop its own fighter jet and seek to procure alternatives such as the Eurofighter Typhoons.

    Erdogan's comments made no mention of the jets or sanctions.

    Middle East Peace Talks

    The Turkish leader said he and Trump had held extensive discussions about U.S. ally Israel's war in Gaza and peace efforts there.

    He said they had "reached an understanding" on how to achieve a ceasefire and lasting peace in Gaza and Palestine. Erdogan also said he explained to Trump the need for a two-state solution in the Middle East for regional peace.

    Turkey is a vocal critic of Israel's offensive in Gaza, calling it a "genocide", and has urged countries including the U.S. to end their support for Prime Minister Benjamin Netanyahu's government. Israel strongly denies genocide charges.

    (Reporting by Tuvan Gumrukcu; Editing by Daren Butler and Gareth Jones)

    Table of Contents

    • Key Outcomes from Erdogan-Trump Meeting
    • Trade and Economic Discussions
    • Military and Sanction Issues
    • Middle East Peace Talks

    Key Takeaways

    • •Erdogan and Trump discussed defense and trade cooperation.
    • •Turkey aims to boost trade with the US to $100 billion.
    • •Turkey orders 75 Boeing 787 planes post-meeting.
    • •Talks included Middle East peace and Gaza conflict.
    • •F-35 jets and sanctions remain unresolved issues.

    Frequently Asked Questions about Erdogan hails 'meaningful progress' in his talks with Trump

    1What did Erdogan say about the outcome of his meeting with Trump?

    Erdogan stated that he left the White House 'happy' after the meeting and noted that they had made 'meaningful progress' on various issues.

    2What were some key topics discussed during the Erdogan-Trump talks?

    The discussions included trade, the revision of customs duties, Turkey's purchase of fighter jets, and the situation in Gaza.

    3Did Erdogan mention Turkey's purchases of Russian oil during the talks?

    No, Erdogan's comments did not directly reference Turkey's purchases of Russian oil, although Trump expressed hope that Turkey would stop these purchases.

    4What agreements were reached regarding military issues?

    The fate of Turkey's acquisition of F-35 jets and the potential lifting of U.S. sanctions were key agenda points, but Erdogan did not mention these issues in his comments.

    5How did Erdogan describe the discussions on the Gaza conflict?

    Erdogan mentioned that they reached an understanding on achieving a ceasefire and lasting peace in Gaza, emphasizing the need for a two-state solution.

    More from Finance

    Explore more articles in the Finance category

    Image for Bank of England's Greene says she was not close to raising rates this month
    Bank of England's Greene Says She Was Not Close to Raising Rates This Month
    Image for UK review urges cap on overseas political donations and pause on crypto
    UK Review Urges Cap on Overseas Political Donations and Pause on Crypto
    Image for 5 Smart Tips to Save on Fees When You Send Money Abroad
    5 Smart Tips to Save on Fees When You Send Money Abroad
    Image for Spain's Sanchez says global citizens shouldn't pay for fallout of Iran war
    Spain's Sanchez Says Global Citizens Shouldn't Pay for Fallout of Iran War
    Image for Aer Lingus sees serious risk of US retaliation over Dublin airport cap
    Aer Lingus Sees Serious Risk of US Retaliation Over Dublin Airport Cap
    Image for Hapag-Lloyd faces $40-50 million costs weekly due to Iran war, CEO tells ntv
    Hapag-Lloyd Faces $40-50 Million Costs Weekly Due to Iran War, CEO Tells Ntv
    Image for Endesa CEO to leave position after 12 years
    Endesa CEO to Leave Position After 12 Years
    Image for UK and Turkey sign multi-billion-pound air defence deal
    UK and Turkey Sign Multi-Billion-Pound Air Defence Deal
    Image for ECB still set to hold interest rates through 2026, most economists say: Reuters poll
    ECB Still Set to Hold Interest Rates Through 2026, Most Economists Say: Reuters Poll
    Image for Italy revises enhanced voting rights rules in listed firms to prevent misuse
    Italy Revises Enhanced Voting Rights Rules in Listed Firms to Prevent Misuse
    Image for Shipbuilder Fincantieri's profit soars 150%, confirms 2026 targets
    Shipbuilder Fincantieri's Profit Soars 150%, Confirms 2026 Targets
    Image for Telecom Italia weighs early exit from INWIT contract, sources say
    Telecom Italia Weighs Early Exit From Inwit Contract, Sources Say
    View All Finance Posts
    Previous Finance PostBanks, Consumer Stocks Lift UK Shares; Investors Unmoved by Fresh Tariff Threats
    Next Finance PostRomania Could Partner Ukraine to Make Drones Under EU-funded Defence Scheme