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Category Archives: International Relations

Turkey Doesn’t See Shanghai Group as Alternative to EU

Turkey is looking at joining the Shanghai Cooperation Organisation (SCO), but according to the Turkish president, Abdullah Gul, this is not as an alternative to gaining full membership to the EU. Turkey is still pursuing negotiations to join the EU, and is looking to successfully conclude accession talks. The question...

Posted on 07 February 2013

Turkey to Resume Talks with France on Nuclear Power Plants

France and Turkey has agreed to resume their talks on nuclear energy, as Ankara has plans to build three nuclear power plants within the next five years. The French foreign trade minister, Nicole Bricq recently met with the Turkish energy Minister Taner Yildiz to discuss nuclear power projects. France is...

Posted on 26 January 2013

Turkey Keen to Boost Trade Volume with Africa

Turkey is keen to boost its trade volume with Africa, and has set a target figure of $50 billion by 2015. The Turkish Prime Minister, Recep Tayyip Erdogan, accompanied by a delegation of 250 businessmen, recently toured Niger, Gabon and Senegal. The trip is all part of the Turkish government’s...

Posted on 11 January 2013

Turkey Takes Steps to Develop Business and Trade Ties with Egypt

Turkey is taking extensive steps to develop and strengthen trade and business ties with Egypt. A recent business mission visited Cairo for the Turkey-Egypt Business Forum, and was headed by Turkish Prime Minister Recep Tayyip Erdogan. The mission included nine Cabinet ministers and three hundred and fifty business people. The...

Posted on 24 November 2012

Turkey Continues Global Outreach with New Gambia Agreement

One of the things I love most about the Turkish government's economic management is the fact that it never rests on its laurels. When Turkey reached visa-free deals with several Arab states just before the Arab spring eradicated much of its competition for Arab tourism it seemed as though Erdogan...

Posted on 28 September 2012

Turkey to Become EBRD’s Second Biggest Investment Destination

The European Bank for Reconstruction and Development (EBRD) plans to invest 1 billion euros ($1.3 bln) in Turkey next year, predicting demand for finance will grow, especially in the agribusiness and renewable energy sectors. According to Suma Chakrabarti, the bank's president Turkey is set to overtake the Ukraine as its...

Posted on 13 September 2012

Economic Crisis Improves Relations Between Turkey and Greece

Historically relations between the Greek and Turkish nations have always been a little tense, but there is speculation that Greece’s recent economic woes may lead to something of a rapprochement between the two countries. Greece was quick to send aid to Turkey after the earthquake in the eastern province of...

Posted on 29 March 2012

Turkey Agrees FTA with Korea

Turkey and Korea have concluded talks on a bilateral free trade agreement, and the pact will now come into effect once it has been ratified by both parliaments. The deal was announced by President Lee Myung-bak and Turkish Prime Minister Recep Tayyip Erdogan when they met at Cheong Wa Dae...

Posted on 28 March 2012

Turkey and Venezuela Close to Oil for Homes Barter System

According to Mithat Cansiz, president of the Turkish Petroleum International Co Ltd (TPIC), Turkey is on the verge of agreeing a bartering arrangement with Venezuela. TPIC is an affiliate of the Turkish Petroleum Corporation (TPAO) which is run by the state. This innovative agreement would allow Turkish firms to construct...

Posted on 22 March 2012

Turkey’s university entrepreneurs to get help from Intel

8 December 2011, Ankara - In 2012, Intel, the worlds largest chip manufacturer, is launching a new initiative to help young Turkish university entrepreneurs. Intel is not new to the principle and has previously helped METU (Turkey’s Middle East Technical University) set up their new R&D labs through supplying equipment,...

Posted on 08 December 2011