TURKEY’S 2017 ECONOMY IMPROVEMENT
According to the datas from Turkish Statistics Institute, regarding the GDP as a chained volume index, it has increased 5,1% in the second quarter of 2017 comparing to the previous year’s second quarter. The increase was slightly below expectations of economists, at 5.3 percent. When looking into the datas in detail, we can see the […]
THE INFLUENCE OF TURKEY IN ARAB COUNTRIES
Turkey’s similarity with Arabic countries in terms of history, culture, and social behavour affects the relations and the influence of Turkey in these countries. Turkey follows a multidimensional and forward-looking foreign policy and this, helps it to struggle for domination of peace, stability and prosperity in the Middle East and gives strong and active support. […]
RECOVERY OF TURKISH ECONOMY
Although there were great negative effects for the Turkish economy like the crisis with Russia, terrorism, Syrian situation and coup attempt, all in 2016, Turkey’s economy grown %3 in 2016. Even with these unexpected things, it can be seen Turkey grew faster than other 20 EU member countries. Regarding the tourism sector, during normal conditions […]
IRAN ECONOMY: ANALYSIS BY SECTORS
Oil and Natural Gas These two resources are main natural income for Iran. After the end of the embargo the oil exports are expected to increase more. Investments are needed for the refineries in Iran and especially in upstream sector technology transfers, that need to be updated. The production can not meet the needs of […]
RETAIL SECTOR IN IRAN
When we examine Iran’s retail industry carefully, we see that after the regulations the domination of the sector changes from independent and small-scale grocery stores to the structure of organized stores. This is a huge development for the traditional supermarkets which consists on the 99,8% of the sector. This traditional structure affects the distribution channel […]
THE INSTITUTIONS THAT CAN GUIDE YOU TO IRAN
After the withdrawal of the embargo to Iran, Turkey gets closer to the country. And to develop the trade between two countries many institutions established to strengthen and to facilitate the economical relations: Iran- Turk Trade Center The center was opened in August 2016 in Tehran. The center will host 100 Turkish companies with spesific […]
THE ENVIRONMENTAL AND BIODIVERSITY ADVANTAGE OF TURKEY
Located in an area with all kinds of wheather, Turkey catches attention with its biological diversity comparing with the countries around. The number of plant species deploying in Turkey is almost equal to the number all over Europe. In addition with the last researches Turkey hosts 3.000 endemic, in total 13.000 taxon plants. Turkey is […]
THE STRATEGICAL PARTNERSHIP OF TURKEY AND US
The relations between Turkey and the USA have a history of more than 200 years. There is a strategical partnership between the two countries both in political and economical areas. There are more than 500 American-origin companies in Turkey, a 5 billion $ investment and 600 employees in total. The trade volume between two countries […]
TURKEY, ON ITS WAY TO EUROPE
Turkey, especially in the last 30 years, with development and reforms has paved its way to the EU, which facilitates a stronger and enduring economy. During this period structural changes in capital markets have been developed, a key to an open market. Turkey is applying European Union common standarts in industry. There are studies to […]
TURKEY- IRAN RELATIONS
Iran is an important neighbor for Turkey, sharing a border of about 560 km for the last 400 years. For both countries there is a relation in the aim of bilateral relations on the basis of non-interference, mutual respect and good neighborhood principles. Especially with the high-level of vists held correspondingly, it is aimed to […]