By Turhan Bozkurt
The Turkish Confederation of Industrialists and Businessmen (TUSKON) is hosting yet another of its highly significant summits. It is focusing on business instead of hurling insults. In a triumph of organization, 2,300 businessmen from 135 countries and 2,200 from Turkey will seek out business opportunities under the same roof. This time... continue »

Although its overall exports have slid nearly 30 percent since the beginning of the year, Turkey's trade with African countries has witnessed a steep rise, nearly as much as 40 percent, Turkey's recent foreign trade have shown.

Sustaining a harsh blow to its exports from the global economic crisis, Turkey has been looking forward to increasing its ... continue »

By inviting more of the world into the global decision-making processes, the US and its close European allies are finding a way to deal with the new balance of economic powers in the world. It’s quite likely the traditional powers of the US, Western Europe, and Japan would have preferred to address this crisis amongst them if it was possible. But it wasn’t.... continue »

By John C. K. Daly
As American, European, and Asian governments and markets nervously contemplate the economic chaos of the past month, Turkey is quietly pressing forward with plans to increase its presence in the world's most distressed continent—Africa.
On September 22 while attending the 63rd session of the UN General Assembly in New York, Presid... continue »

Serious liquidity problems that started with the subprime mortgage crisis in the US last year peaked recently with the domino fall of global finance's titanic companies, with analysts warning that the non-financial sectors will be feeling the prolonged effects of these events the most. Experts are warning manufacturing industries in particular to create buff... continue »

Parallel to exponential growth in the last decade in Turkey's trade volume with other regions, the trade volume between Turkey and Asia-Pacific countries has also experienced an upward trend, signaling a boost in the confidence of trading partners vis-à-vis economic cooperation with Turkey.

Following the Asia-Pacific Strategy declaratio... continue »

For decades Turkey lived like a country imprisoned within its own boundaries. It neither was interested in nearby lands nor felt the slightest excitement at the prospect of opening up to relatively more distant lands.
It was of course unthinkable for this country to turn its gigantic potential to great benefit with its one-dimensional foreign policy and... continue »

The liquidity holders in the global markets are seriously worried that the US is on the brink of a harsh recession that will adversely affect whole world and many economists are suggesting that Turkey is also being cast under the same gloom.

Turkey's small and medium-sized companies, which have long been in a liquidity chasm, are rapidly decreasing... continue »

Turkey's economy continued to grow last quarter, as it has now in the past 23 consecutive quarters, but the growth rate has declined significantly, according to data recently released by the Turkish Statistics Institute (TurkStat).

In the third quarter of 2007 gross national product (GDP) increased by 2 percent, the lowest rate in the last 22 quar... continue »

The Eurasia region is a lucrative place for trade partnerships, owing to its geographic location and the historical and cultural ties between the region's countries and Turkey.

However, it is not possible to say that we have efficiently benefited from the advantages offered by the Eurasian region so far.
The Turkish economy has made substantia... continue »

Turkey yesterday warned France against trying to bury its aspirations to European Union membership by manipulating a "wise men's committee" that is expected to pronounce on Europe's long-term future.

Mehmet Simsek, Turkey's economy minister, also re-affirmed his government's promise to remove an obs-tacle to Turkish entry by changing a much-critici... continue »

Confederation of Businessmen and Industrialists of Turkiye US Representative Office (TUSKON US) finalized the office search and starting from September 4, 2007 The representative office will operate in its new address. Rizanur Meral, president of TUSKON mentioned the importance of having a good relationship with United States and emphasized the critical role... continue »

The Turkish parliament on Tuesday elected Foreign Minister Abdullah Gul as Turkey's 11th president. Gul won 339 votes in the parliamentary poll, easily defeating Sabahattin Cakmakoglu with 70 votes and Huseyin Tayfur Icli with 13. Twenty-four voted "none of the above" and two votes were declared invalid.

Tuesday's poll was the third round of voting... continue »