New developments in the relations of the two neighbouring coutries have been discussed reciently. The meeting that the economic authorities of the two countries attended, was held on February 7, 2018 in Sofia, the capital of Bulgaria. Turkish Economy Minister Nihat Zeybekçi stated that ” On the eve of the transformation of world economic systems
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June 14, 2018
June 12, 2018
TURKEY’S DOMESTIC CAR PROJECT
Turkey’s ‘domestic automobile’ dream came true 52 years ago by the mass production of the car named ‘Anadol’. Reviving the dream by 5 strong Turkish companies and by the leadership of President Erdogan in november 2017, today Turkey’s Automobile Joing Venture group is expected to be incorporated after presenting the CEO of the organization. As
May 24, 2018
TURKEY- GREECE ECONOMIC RELATIONS
The most concrete reflections of dialogue and co-operation between Turkey and Greece are observed in the fields of trade, economy, transport and tourism. In 2014 Turkish trade volume with Greece reached 5.6 billion USD, which corresponds to nearly twice the 2010 trade figures established by the YDIK mechanism. When there was a decline in the
May 22, 2018
What is The Black Sea Economic Cooperation Organization ?
The Black Sea Economic Cooperation Organization (BSEC), whose headquarter is in Istanbul, was established on 25 June 1992. There are 12 members, many of which are formed by the countries that have coast in the Black Sea. The Founding members are Turkey, Russia, Azerbaijan, Armenia, Moldova, Georgia, Ukraine, Bulgaria and Romania. Other three members are
May 17, 2018
TOP 10 TOURISM ATTRACTIONS IN TURKEY
In terms of tourism, Turkey is really one of the countries in the world with rare beauties. Surely there are many beautiful places blended with geographic and cultural wonders to visit on holiday in Turkey. Top 10 of them are; BOSPHORUS / İstanbul Having three bridges connecting two different continents by hosting a unique situation
May 10, 2018
TURKEY’S BREAKTHROUGH IN ENERGY IN 2018
Within the frame of the rapid growth of energy consumption in the world, the increased importance of renewable energy sources such as wind and solar, the domestic energy policies are rising the importance of renewables in Turkey’s energy agenda. Global energy consumption is projected to increase by 28 percent until 2040, and Turkey is preparing
April 19, 2018
OLIVE CULTIVATION IN TURKEY
The 90% of world’s olive cultivation is in the Mediterranean basin and the rest is done in Latin America. In the world, olives are obtained from about 900 million olive trees in 9 million hectares. World table olive production is around 2.87 million tons according to the average of the last five seasons. Important olive
April 5, 2018
ISTRADE: The Energy Trading and Supply Summit
The Energy Trading and Supply Summit ISTRADE 2018 will be held this year in Istanbul on April 9-10. According to the statement made by the Energy Fair which organizes the Summit with the support of the Ministr of Energy and Natural Resources and the Energy Market Regulatory Authority, the issues of energy trade, current developments,
March 22, 2018
ALTERNATIVE TOURISM TYPES IN TURKEY
Turkey, with its natural beauty as well as archaeological and cultural wealth has many tourism assets. Also the geographical features of Turkey are attracted by tourism, natural flora and wildlife as well. Apart from these there are several industries in the country that attract an incrising number of tourists, as follows. Health Tourism Due to
March 22, 2018
RENEWABLE ENERGY INCENTIVES COORDINATING WITH EU
Renewable energy grants will continue to gain momentum in these condquarter of 2018, but many renewable energy grant schemes, particularly solar energy incentive credits to energy investments, will continue to contribute to the development of potentials for energy sector investors, particularly SMEs. Grants and credits given to GES investments in our country through the TKDK
March 13, 2018
FINANCIAL SUPPORT OF THE TR GOVERNMENT TO INVEST IN TURKEY
It is without a doubt that countries across Europe and the Middle East have experienced a flood of difficulties over recent years. Turkey has also experienced tough times, particularly in 2016. Despite these challenges, Turkey, with its strong domestic market and growing economy, remains a centre of attraction for foreign investors. Figures published by the
February 27, 2018
THE IMPORTANCE OF YEKA ENERGY PROJECTS
The features and critical elements allocated for renewable energy projects are the special areas designated by law. The difference between the YEKA (Renewable Energy Resource Areas) concept and other licensed or unlicensed investments of the market is that it has installed power in high scale / volume connected to domestic equipment production conditions. Energy Minister
February 23, 2018
TURKISH BRANDS GROWING ABROAD
In the previous post we gave information about the Turquality program. Let’s look at the detailed information about the beneficiaries of this program and the Turkish firms that have opened stores abroad. LC Waikiki has recently become one of the most popular brands for Arab tourists. Rapidly increasing the number of stores in Turkey, LC
February 20, 2018
TURQUALITY SUPPORT PROGRAM
Turquality Program has been implemented since 2003 for the branding of Turkish products abroad. Over the years, the program of Under secretariat of Foreign Trade, which is affiliated to the Ministry of Economy, has been expanded in scope and many sectors of apparel, gastronomy, automotive construction have become able to benefit from these supports. Turkish