Union of Chambers and Commodity Exchanges of Turkey

The final declaration of the 9^th Meeting of the Investment Advisory Council for Turkey was shared with the public during the press conference attended by Prime Minister Binali Yıldırım and council members.

The declaration was read by United Technologies Corporation Vice President David Hess, who expressed that it is an honor to be invited here to share with the government advice in regards to maintaining market stability, growth and the betterment of the investment environment as it pertains to the efforts of the government in the last 3 years as well as the ensuring that Turkey retains its status as an attractive location for investment.

Confidence in the actions of the government in regards to listening to the input of the international business community for the betterment of the investment environment is expressed in the declaration. “As the representatives of the international business community who cares greatly for the potential and future of Turkey, it is quite gratifying to see Turkey’s power and solidarity. Turkey’s stance in defense of liberal and dynamic investment policies of G20 and continuing growth performance brings about positive expectations for attractive opportunities in regards to the future of the country. Direct foreign investment drawn in as well as its increase of 36% in 2015 and GDP increase rates are a strong indicator of this strong political approach.”

Underlined in the declaration is the emphasis on the fact that Turkey’s growth performance which leaves behind all of its competition apart from China and India among developing countries is the most concrete proof of its efforts.

World Bank Vice Chair Chril Muller underlines the fact that despite global upheaval, in the last 10 years, Turkey has achieved significant success in ensuring economic growth while reducing poverty.