The source said: “The two leaders underlined the importance of further strengthening economic and trade relations and boosting mutual investments between France and Turkey.”
The unnamed source added that they had agreed that their finance ministers – Berat Albayrak and Bruno Le Maire – would meet “as soon as possible,” and that Mr Macron had told Mr Erdogan that Turkey’s economic stability was “important” for France.
Turkey has been hit by a currency crisis fuelled by a heated row with the United States. The two NATO allies have been at loggerheads for months over a host of diplomatic issues, namely Turkey’s refusal to release an American pastor and differences over their handling of the Syrian conflict.
Earlier this month, Washington imposed tough economic sanctions on Turkey’s justice minister and interior minister for not releasing Andrew Brunson, an evangelical Presbyterian pastor from North Carolina.
I have just authorised a doubling of Tariffs on Steel and Aluminium with respect to Turkey as their currency, the Turkish Lira, slides rapidly downwards against our very strong Dollar!
Mr Brunson is being held in a Turkish jail for allegedly supporting a group that Ankara blames for an attempted coup against Mr Erdogan in July 2016, a charge he fiercely denies.
US President Donald Trump Mr Trump announced on Twitter last week that he had authorised a doubling of duties on aluminium and steel imported from Turkey, putting unprecedented economic pressure on Ankara.
Turkey is the sixth-largest steel exporter to the United States.
He said: “I have just authorised a doubling of Tariffs on Steel and Aluminium with respect to Turkey as their currency, the Turkish Lira, slides rapidly downwards against our very strong Dollar! Aluminium will now be 20 percent and Steel 50 percent. Our relations with Turkey are not good at this time!” Mr Trump tweeted last week.
The Trump administration said it would use a section of US law that allows for tariffs on national security grounds to impose the increased duties. Turkey, for its part, denounced the “economic war” and said it would find “new friends and allies”.
But Washington’s move has sent Turkey’s financial markets into a tailspin: the Turkish lira plummeted more than 18 per cent at one point last Friday to a record low against the US dollar.
Ankara, for its part, wants Washington to extradite Fethullah Gulen, a Muslim cleric based in Pennsylvania who Turkish authorities say orchestrated the 2016 coup attempt in which 250 people lost their lives. Mr Gulen denies the allegation.