Turkey’s defense and aerospace industry exports this year are expected to top $2 billion, said the nation’s defense industries chief on Oct. 19.

Speaking at Anadolu Agency’s Finance Desk, İsmail Demir said that Turkey’s defense and aerospace industry exports had already reached around $1.5 billion as of October, an annual rise of 14 percent.

“We think that both the barter method and the use of local currency will be very attractive in potential market areas of our interest,” said Demir.

More: Turkey’s defense, aerospace industry exports to hit $2 bln in 2018