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Turkey Property Car deal goes through

Turkish van making company Karsan has sealed a deal with Peugeot to manufacture vehicles for local and non-EU sale.The deal will cover the production of Citroen and Peugeot vans, with 150,000 to be made over five years.Production will start in late 2008 at Karsan's plant in Bursa. Although no sales targets have been issued, 39,100 of the vans were sold in Turkey last year.Peugeot Partner minivans and combivans are already made by Karsan, who will extend their contract to Citroen Berlingo Firsts and Peugeot Partner Origins.The firm is responsible for a 6.6 per cent share of the Turkish car...

29-02-2008 - read more...

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Turkey Property President to leave on Africa trip

Turkish president Abdullah Gul will embark on a four-day trip to Africa today (Wednesday, February 27th).The tour will take in Tanzania and the Republic of the Congo ahead of the Turkey-Africa Cooperation Summit, to be held in Istanbul in August.According to East African Business Week, a Turkish business delegation visiting Tanzania will consist of "food processors, manufacturers of tractors, ploughs, harvesting machines among other agricultural machinery and equipment and foodstuff dealers".The event, to be held at a hotel in Dar es Salaam, follows on from a trade fair organised by...

27-02-2008 - read more...

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Turkey Property Ministry reduces bureaucracy to attract film makers

Turkey's ministry of culture and tourism has reduced the number of bureaucratic steps taken by filmmakers to record scenes in the country.A new law set to be drafted will make it less complicated for production companies to come to Turkey for shooting, reports the Turkish Daily News.In the past, filmmakers have complained of having to pay the VAT that is charged in Turkey.Yilmaz Atadeniz, chairman of the Cinema Actors Association, told the newspaper that up until now there were not multiple incentives for the movie world to come to Turkey: "Though Turkey is the best place for film...

21-02-2008 - read more...

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Turkey Property Flower industry could profit after Kenya troubles

The ongoing civil war in Kenya could benefit the flower industry in Turkey, after experts predicted the African country's $250 million share of the European market could take a hit.Turkey's flower exports are valued at $40 million and this Valentines Day could give the European nation the chance to make up some ground, reports the Turkish Daily News.It is thought that if Turkish suppliers successfully meet the demand of Europe on February 14th, exports will be increased for 2008.According to the newspaper, around 65 per cent of the cut flower exports from Turkey emanate from Antalya.The 2007...

12-02-2008 - read more...

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Turkey forges African links

Turkey has turned to Africa in an effort to widen its international relations, opening up trade links as well as resuming an air service, according to one South African publication.The Independent has cited Turkey as an important nation pointing to a booming economy and bright future: "Turkey has globalised. As a candidate for the EU, it has rapidly modernised and actively promotes its foreign trade."Also highlighted was the September re-launch of a route from Istanbul to Johannesburg and Cape Town by Turkish Airlines, after flights stopped in 2003.The newspaper said: "Turkey...

11-02-2008 - read more...

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Turkey forges more India links

Ali Babacan, the Turkish foreign minister declared himself keen to further the country's links with India, before setting off to the south Asian nation for an official visit.Mr Babacan indicated that Turkey's plans to build a nuclear power plant could be among the topics set to be discussed, reports the Turkish Daily News.He told the Turkish Daily News: "No matter how far they are geographically, the two countries share common values like democracy, secularism, pluralism and tolerance. "There is a friendly climate in bilateral relations that will be further improved in every domain...

06-02-2008 - read more...

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WWII submarines found off Turkish coast

A fleet of three WWII submarines known as Hitler's Lost Fleet have been discovered 60 years after they were last seen off the Turkish Black Sea coast.The vessels were found by a team of researchers from Turkey near to the town of Zonguldak and the resort of Agva, reports the Sunday TelegraphLeader Selcuk Kolay, a marine engineer will travel to the navy town of Plymouth in the UK to present his findings this week.He told the newspaper: "It's one of the least well known stories of the war but one of the most interesting. "It is a quite incredible story. To get to the Black Sea these...

05-02-2008 - read more...

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Boris Johnson European snoot over Turkey is a blather

Boris Johnson, the outspoken British MP, has called on Europeans to drop their "snootiness" and "blather" about Turkey and admit it into the EU.Writing in the Daily Telegraph, the Conservative politician said that "we need reconciliation, not repulsion" with Turkey and blamed distant memories of the Islamic invasions of Europe for much of the problem."We would be crazy to reject Turkey," he adds, pointing out that economically, Turkey is performing better than some of the most recent entrants to the EU.Mr Johnson states that the prospect of membership...

27-02-2007 - read more...

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