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Turkish PM praises economy

The prime minister of Turkey has praised the country's economic performance at a speech were he encouraged more overseas investors to come to Anatolia.Recep Tayyip Erdogan said that Turkey, which is part of Nato and applying to become a full member of the EU, welcomed investment from the US and was pleased at trade levels between the two, but said that more potential exists."It is pleasing that the bilateral trade volume between Turkey and the United States nearly reached 12 billion USD by the end of 2006. But this is not enough," the prime minister told the American Business Forum...

21-02-2007 - read more...

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Foreigners flocking to trade in Turkey

Foreigners are flocking to do business in Turkey a report has claimed, with Britons the second-most populous group.According to Today's Zaman, the number of foreign-capital companies set up between June 2003 and July 2006 increased by 136 per cent and there are now 1,179 British companies operating in Anatolia.The city of Alanya is the most attractive option for overseas investment and there are a variety of foreign businesses, such as estate agencies, restaurants, bakeries, clothing and the textile industry."Foreigners can do business in our country, just like the Turks who work...

15-02-2007 - read more...

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Turkey to export 40m flowers to lovers

Turkey's export market is to benefit from love this month as 40 million flowers are prepared for export to Europe for St Valentine's Day.Antalya Cut Flowers Exporters' Union chairman Osman Bagdatlioglu told the New Anatolian that the export of cut flowers rose 40 per cent between November 2006 and January 2007 in comparison to the same period a year ago."We aim to achieve a 30 per cent rise on Valentine's Day this year compared to 2006. As we increased the quality and variety of the products, we expanded to world markets and started to export goods to more countries," added Mr...

12-02-2007 - read more...

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Turkish pharmaceuticals set to boost economy

Turkey's pharmaceutical manufacturers are set to attract major international investment to the country, an expert has said.The country's market for such products is already worth US$3 billion (£1.5 billion) and is the fastest growing in the Mediterranean, leading Engin Guner, secretary general of Turkey's Association of Research-Based Pharmaceutical Companies, to say its industry can expand."The Turkish pharmaceutical sector is ready for takeoff. All we have to do is open its path into the future," he told the Zaman newspaper.With Turkey's economy growing by seven per cent each...

02-02-2007 - read more...

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