Union of Chambers and Commodity Exchanges of Turkey

The “Business Environment in Turkey” meeting hosted by Hisarcıklıoğlu at the TOBB Istanbul Service Building, during which the World Bank Business Environment Report was discussed, was attended by Mr. Bülent Tüfenkci, Minister of Customs and Commerce and İbrahim Şenel, Minister of Economy.

While the Ministry of Economy, the Ministry of Customs and Commerce and the Revenue Administration's senior bureaucrats provided information about improvements and reforms carried out by Turkey, representatives of NGOs put forth the issues and reform areas that need to be focused in the forthcoming period. Attending the meeting were representatives of the World Bank Business Environment Report, representatives of business world organizations, representatives of financial advisers and sector councils and representatives of the chambers / exchanges in Istanbul.

Speaking at the opening of the meeting, TOBB President M. Rifat Hisarcıklıoğlu emphasized that they want Turkey to reach its targets, attract more investment, be more peaceful, and be richer. For this, Hisarcıklıoğlu expressed that the public-private sector must work hand in hand and implement the right strategies. Hisarcıklıoğlu also thanked the Minister Bülent Tüfenkci who has always supported this process.

- Developments in the world

Hisarcıklıoğlu stated that the world is in an interesting time, “Britain's decision to leave the EU, Brexit; increasing terrorism in Europe and the rise of extremism; the United States presidential election are on the forefront of the global agenda. The global economy still has not regained its pre-crisis levels. Moreover, we are facing the growing danger of protectionism. The new administration in the United States, rising populism in elections in Europe; Pro-conservative policies. While these are happening in the world, we are still surrounded by the most tumultuous region in the world. Syria and Iraq have been in chaos for years. In the meantime, terrorist organizations, which are purportedly not related to each other, target our country in unison. But the most important event happened on July 15^th. Our nation and our government have skirted the edge of the precipice after a treacherous and brutal coup attempt. This nation stood tall and defeated the putschists.”