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Category Archives: International Relations

“Turkey’s spectacular growth shows no signs of slowing,” leading economist tells the BBC

Goldman Sachs chief economist Jim O’Neill highlighted the spectacular growth that Turkey has undergone in recent years during a Radio 4 documentary this week, adding that there are no signs of the country’s economy taking its foot off the gas.O’Neill was visiting Turkey as part of his tour of the...

Posted on 10 January 2014

World Bank President labels Turkey an “inspiration” and opens Islamic finance hub in Istanbul

Turkey has taken a step closer to becoming an important player on the global economic stage, following the opening of the Global Center for Islamic Finance in Istanbul on 30th October by World Bank Group President Jim Yong Kim. Jim Yong Kim was accompanied by Turkish Deputy Prime Minister Ali...

Posted on 22 November 2013

Turkey’s European Union membership back on the agenda in Brussels

Turkey could be about to take a step closer to joining the European Union (EU), after the EU Council confirmed that next month it will resume talks with Turkey about its membership of the 28-nation EU bloc, following a three-year break from discussions. Recent talks on Turkey’s membership were postponed...

Posted on 22 October 2013

Turkish investment delegation targets the world’s largest economy – the US

  Turkey’s on-going efforts to attract foreign investors took the country’s Investment Support and Promotion Agency of Turkey (ISPAT) to US capital Washington this month, where ISPAT President, Ilker Ayci, confirmed strong interest from US investors in opportunities in Istanbul and broader Turkey. Said Ayci: “These meetings proved that US...

Posted on 18 October 2013

Spot Blue appears in Turkish property article in leading Middle East magazine

A recent article in leading Middle East news title Gulf News, which outlines the benefits of investing in Turkish property to citizens from Gulf countries, features Spot Blue and includes quotes by Director Julian Walker, illustrating the firm’s increasing prominence in the region.In the article, Mr Walker outlines the highlights of...

Posted on 08 October 2013

Property agency Spot Blue marks 10th anniversary with focus on wider global opportunities

Spot Blue International Property Ltd, a leading UK-based Turkey property specialist, is celebrating its 10-year anniversary this month and with it announcing increased efforts to target investors from the growing international market, as well as the more established European countries.Founded in August 2003 by chairman David Walker, who spotted the...

Posted on 18 August 2013

Turkey and Belgium Team Up Against Double Taxation

Turkey and Belgium have increased their joint cooperation against double taxation. The pair have signed a new protocol to enable the increased flow of information in line with OECD standards aimed at negating the possibility of paying tax on the same income in two countries. The protocol, signed yesterday during...

Posted on 10 July 2013

Agency upgrade boosts Turkey’s investment appeal, aiding its vision to be a top 10 economy

Turkey has edged closer to achieving its target of becoming one of the world’s top 10 economies by 2023, after it was awarded investment grade rating this month by Moody’s, significantly its second upgrade by one of the world’s three main credit rating agencies within the space of six months. ...

Posted on 23 May 2013

Turkey Pays Off IMF Debt, Becomes Contributor

After paying down debt rapidly for several years, this week saw Turkey enter a debt-free relationship with the IMF after 19 years as a debtor. It made for big news in 2008 when Turkey failed to enter a new standby agreement with the IMF signalling its confidence and desire to...

Posted on 16 May 2013

Turkish Economy Minister Pushing for US Free Trade

In attendance at a meeting of Turkey’s top private sector representatives and Turkish-American business organization executives regarding a Turkey-US free trade deal, Turkish economy minister Zafer Caglayan said that the proposed Transatlantic Free Trade Agreement (TAFTA) could severely hinder Turkish trade with the US if it is implemented with the...

Posted on 18 April 2013