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. Turkey is connected to Middle East geographically. Plans for the creation of transport corridors with the European Union or, in recent times, the revival of China’s Silk Road, and serious investments are being made; Turkey also needs to work to improve transportation corridors so that […]
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 Turkey would recieve around 40 million tourist all around the World, but in 2016 that figure came to 30 million. As long as the crisis with Russia is over and the terrorism seems to be under control in the country, a much better figure is […]
In 2011 Iran has 1,6 million automobile production which decreased almost half of it during the embargo. The foreign partners had to leave the country and the rest had to change their direction to limited spare parts for old models. Hyundai, PSA, Peugeot, Citroen left the country and Renault stayed to import and produce spare parts but couldn’t manufacture new models. Now, all these companies are turning back and companies like Mercedes Benz, Volkswagen, Kia, Fiat and Toyota started to participate in the fairs. It is told that PSA made a pre-agreement with Iran and Minister of Industry put a […]
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 the domestic demand but it keeps growing. Iran will offers significant opportunities for Turkish companies especially in the downstream sector. Petrochemicals This sector has a big contribution to Iranian economy. Especially in the last 15 years, even with the embargo, the production capacity reached 60 […]
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 and pricing. Iranian Government wants to decrease unrecorded trade. The retail sector can grow average 18% until 2019 and reach in 2020 to 202 billion $. Iran retail sector also offers important opportunities to Turkis brands. With a strong collaboration and a correct distribution channel […]
The charming way of Iran is mainly focusing on the transportation and energy infrastructure sectors. Especially in renewable energy, Iran decided to make huge steps and develop new opportunities, projects and getting prepared for new investments on this field. There is a great movement in renewable energy sector. The activities taken into action to improve this sector increased the possibilities to collaborate with several countries, and Turkey can be one of these countries. Iran Renewable Energy Organization Manager declared in recent days that the renewable energy plant already installed is over 340 MW in the country. From these plants 5% […]
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 criterias. The Turkish investors will be supported and consulted through the center. Turkish Iranian Businessmen Association It is established in 2001 in Istanbul. The mission of the association is to evaluate the possibilities of bilateral investment under the roof of common benefit. Pbx: 0090 […]
After the withdrawal of the embargo, especially the Western countries are focusing on Iran, and in that new scenario Turkey has the a big chance. It is mentioned that Turkey and Iran can collaborate together to do business in 3rd countries. There are many businessmen planning bilateral visits and most of them end up with big scale projects. Let’s focus on these investmens in different sectors and fields between the two countries. The WILCO Group, which has investments in 65 cities all over Turkey, and the AIDA Group (with investments in Iran), decided to invest in Van about 50 million […]
New world is trending to be a technology world. Many countries are building their infrastructures to be a main player. Under these changes, new projects and funds are developed by governments. Turkey, as a new developing and growing country, making huge steps to catch the world. Let’s focus on the advantages. First advantage is the new decision taken by Ministry of Science, Industry and Technology: the non-refundable support for expenses to produce technological products is reduced. According to that, for the micro companies the investment project amount’s 60%, for the small companies 50%, medium size companies %40 and for the […]
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 9th richest country in Europe with its 34,4% endemism rate. This speciality of Turkey results from its geographical diversity. The country is surrounded on three sides by sea and the mountainous areas over the coasts. This, constitues an attitude differences because of the structure […]
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 is in a rising tendency since the visit of former president Barack Obama. Exports of Turkey to USA doubles between 2010- 2016. There isn’t any agreement like Custom Union or Free Trade Agreement between Turkey and USA for the imported goods, the custom tax and […]
The Asian countries need a strong platform to enable them to use their economical and labour force efficiently and Turkey has the dynamics to lead this platform. There is a need for new forms to lead and support big projects and make Asian countries move forward, an alternative to World Bank and IMF policies for Asian countries. But also new projects between Turkey and Asia can help the mentioned countries to develop their economical potential. The projects should include railways and energy projects connecting Asia and Europe. The transport project that would cross Afghanistan, Turkmenistan, Azerbaijan, Georgia and Turkey ‘Lapis […]
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 integrate Turkish industrial products to European Union open Market to avoid technical barriers, and each year the revisions are made towards this goal. Turkey, as long as it is maintaining a stable economy which is one of the main economical criterias of Copenhagen agrements, strengthens […]
The relations between Turkey and Russia, countries that share the Black Sea and have strong historical and cultural bonds, date back in time. During several historical periods sometimes a rivalry sometimes very strong collaboration can be found. Right after the Cold War, new business opportunities and perspectives show up for both two countries. In 1990s the economical collaboration fastly grew and the bilateral relations arrived to a new phase after 2000s. With the High Level Cooperation Council which is established in 2010, the relations formed an institutional basis. The bilateral investments are around 10 billion $, there are more than […]