Union of Chambers and Commodity Exchanges of Turkey

Prior to the Export Oriented Production Strategy Assessment Council meeting at the Ministry, Economy Minister Nihat Zeybekci took questions from the press. He stated that they view the Central Bank’s policies to be positive while they do not view interest as a viable tool for investment, employment or production in Turkey.

Zeybekci stated that strong, balanced and sustainable recovery of the global economy has yet to take effect and that the economic reforms and choices of industrial priorities would be determinative of the developments of the global markets in the future.

Zeybekçi reported that they have formed incentive packages for 11 strategic investment projects in the new Investment System and stated that the full actualization of these investments will aid in lowering current deficit and provide the vertical integration needed by our industry.

During the meeting, TOBB Board Member İbrahim Burkay pointed out that Turkey has entered into a period of change in all fields and said, “Turkey has become one of the rising markets of the world. In line with these developments, change in the nature of foreign trade is also occurring. We are now much more vocal in defense and aerospace industries, software and communications, technical counsel, healthcare, transportation, logistics, contractual construction and education sectors. There are almost no markets we are not a part of in the international markets.”

Burkay stated that since 2012, 210 chambers have begun active exports. Over 50 of 65 chambers are exporting goods. 137 of 252 chambers have dedicated foreign trade departments.