Export To Turkey - Business News

A mission from China's Kingdom Club, say they are looking for investment opportunities in Turkey in fields including energy and finance. The Bank of China, meanwhile, continues preparations to open a Turkey branch

Members of the Turkey-U.S. Business Council announced plans Monday evening to establish joint industrial zones in both countries as well as in other areas following a meeting in Istanbul.

Turkey and the U.S. agreed on the establishment of joint industrial zones in both countries as well as in third countries on Monday.

Turkish Economy Minister Zafer Caglayan has said that Turkey could grow 8 percent in the second quarter of the year.

Turkey's Finance Minister Mehmet Shimshek and British Liberal Democrat politician and economist who is currently the Business Secretary of the British cabinet Vince Cable are expected to attend the business forum to be organized jointly by Turkish Confederation of Businessmen and Industrialists (TUSKON) and Britain's the Department of Enterprise, Trade and Investment, TRT reported.

A Turkey-Britain business forum will take place in Turkish capital of Ankara on September 26.

Foreign companies are increasingly investing in Turkish fair and exhibition market and this trend will accelerate in the second half of the year, an executive says

Foreign companies that maximize the amount of Turkish contribution to the production of their goods will be given priority when it comes to Turkish overseas purchases, Economy Minister Zafer Cağlayan has said.

The head of a major Turkish business association has said the country's economy has gained remarkable strength in the fundamentals and has become stronger against any possible external shock.

About this time every year many newcomers arrive in Turkey to begin a new assignment for work or to set up a business of their own. A number of people have asked me if it is difficult to do business in a foreign country.

TURKEY and the East African Community will start negotiations for a Free Trade Agreement and a Trade and Investment Framework Agreement next month, the East African Business Council has announced.

Turkish state minister for foreign trade said that they had a new route in foreign trade covering China, India, Indonesia, the USA and Russia.

Turkish State Minister for Foreign Trade Zafer Caglayan on Monday urged Poland to ease visa requirements for Turkish business travelers to boost bilateral trade, local media reported.

Turkey's GDP increased by 8.9% in 2010, surpassing government projections. It is the highest growth rate to be recorded in Europe for the year. According to Turkstat, the official statistics agency, the economy grew by 9.2% year-on-year in real terms during the fourth quarter of last year - a dramatic spike compared to the revised 5.2% annual growth during the previous quarter.

Turkey says its economy grew by 8.9 percent in 2010, making it one of the fastest-expanding economies in the world.

Bulent Eczacıbaşı, chairman of one of Turkey's largest business conglomerates, Eczacıbaşı Holding, which is mainly active in the field of health care, building products, finance and information technology as well as a number of other sectors, has said times have changed as foreigners now ask Turks to establish partnerships in Turkey, in stark contrast to the near past when Turkish businesspeople scrambled to convince foreigners to invest in the country.

The conference will bring together leading politicians, businessmen and scientists from Turkey and the United Kingdom

The Turkish state minister for foreign trade said on Wednesday that the trade volume between Turkey and Russia should be increased.

Turkey and Russia will start two-day talks on Tuesday in an intergovernmental council to further improve bilateral relations, with the main focus on trade and business.

Turkey is launching a magnificent floating exhibition ship on March 7th and 8th in Istanbul. The Wessex RoRo has an area of 12,000 sq metres over four decks one of which is open. The ship will be accompanied by a modern passenger vessel for carrying public officials, private sector representatives etc and will sail to 14 countries out of the 27 EU member states.

After five years operations through its parent company Allianz, the world leading credit insurer has now obtained its licence to operate in the Turkish market as an insurance company.

Turkey's stock market has big ambitions, wanting at least 20 companies to float shares this year.

The Seaports of Niedersachsen says that its first presentation in Turkey has resulted in some excellent contacts with the Turkish logistics and port industries, with dialogue already starting between both sides especially project forwarders and port operators.

The Karachi Chamber of Commerce and Industry (KCCI) and the Confederation of Businessmen and Industrialists of Turkey (Tuskon) have signed a Memorandum of Understanding (MoU) for cooperation.

Paris 92100 , France. The new office will offer the full range of Copernicus international services including the business to business matchmaking service "Connecting Markets"and the acclaimed market entry support of the Interim Key Account Manager Service.

Global fast-food chain McDonald's plans to open 31 new restaurants in Turkey in 2010 as sales increased in the country, the semi-official Anatolia news agency reported Thursday.

The Irish ambassador to Turkey, trade representatives of Ireland, and business leaders interested in improving trade between Turkey and Ireland gathered in Istanbul on Wednesday to discuss trade opportunities.

Doyens of the Turkish business world who came together in a meeting hosted by the Zaman daily, Today's Zaman's sister paper, all agreed that the Turkish economy has left the negative impact of the global financial crisis behind and will maintain growth this year.

There has been an investment in Turkey's think-tank business in the last eight years since the Justice and Development (AK) Party came to power. Foundations and institutes have expanded and become more independent. They have smart English websites, glossy English publications, and some have swanky offices. All are keen to assert their clean funding. Another element of Turkey's new soft power.

In a major development, Celebi Holding, one of the largest business conglomerates from Turkey, has further cemented its foothold in Indian aviation industry after bagging contracts for DIAL (Delhi International Airport Private Ltd.) and MIAL (Mumbai International Airport Private Ltd.). The company aims to invest $ 100 million in the Indian aviation sector by 2010.

Using social networking sites like Facebook and Twitter to keep in touch with friends and family is a ubiquitous activity that has kept teenagers, adults and even the elderly glued to their computer screens perusing the latest updates.

Giving deadlines as a pressure tactic against Turkish businesspeople while negotiating "will not work,"according to a study conducted to show cultural differences between Turkey and the Netherlands.

Thirty companies from all over Turkey will visit Atlanta this month in search of business and investment partners.

Turkish Foreign Minister Ahmet Davutoğlu said on Thursday that they consider fate of Eurasia as fate of the humanity, adding, "if we succeed in using Eurasia's potential in trade, communication and energy correctly, this region will become one of the leading parts of the world."

Business professionals know the importance of building a large professional network. Opportunities and referrals are most often found through contacts. In recent years, the phenomenon of online social networking has made establishing business relations easier and more practical than ever before.

Business conditions in the Turkish manufacturing sector improved in January, a report released by Markit Economics showed Monday. The HSBC Purchasing Managers' Index for the manufacturing sector rose to 53 in January. A reading above 50 indicates expansion, while a reading below 50 suggests contraction.

As Turkey debates the benefits of hydropower, Poyry, a Finnish expert in consulting and engineering, signs a contract for the development of hydroplants on the main branch of the Euphrates. Poyry is committed to being a global thought leader in engineering-balanced sustainability by 2020, says Vilho Salovaara of Poyry's Energy business group

The head of a Turkish businessmen's association said that Turkey was on road to become a global power.

US Ambassador to Turkey James Jeffery said that Turkish and American economies are expected to grow this year following the global financial crisis. He added that they should utilize this opportunity and remove obstacles in commerce.

The top U.S. diplomat in Turkey said on Tuesday that Turkey and the United States could raise their trade volume "by three-folds".

Temel Kotil, CEO of Turkish Airlines, said the sponsorship is another success on the way towards becoming a global brand.

Most small companies seeking to tap overseas markets know they'll have to navigate foreign laws, taxes and regulations. But they also need to figure out how to avoid cultural blunders.

Saran Energy, a subsidiary of Saran Holding, and the Spanish firm Fersa signed a partnership agreement yesterday, marking an investment of $1 billion for renewable energy in Turkey.

Sterling hit one-week lows against the dollar and euro this morning, as the pound fell to political uncertainty as Prime Minister Gordon Brown fought off an attempt within his party to unseat him.

Çiçek said, despite a remarkable drop in export figures in many countries, Turkey's exports amounted to more than a $100 billion in 2009. Responding to a question about a possible deal with the IMF, Çiçek said, "We want to sign a deal with the IMF. Talks are under way. We hope that talks will yield favorable results soon."

"Turkey is an extremely interesting market for us and our clients"confirmed Ian Sellman, the Copernicus Partner responsible for emerging markets. "We have already connected several UK companies with out-sourced production facilities in Turkey, and Turkish manufacturers with distributors in the UK"