Business in Turkey (Course, Master)

EENI Business School & HA University

Syllabus of the Online Subject: Foreign Trade and Business in Turkey. Istanbul Ankara.

  1. Introduction to the Republic of Turkey
  2. Turkish economy
  3. Doing Business in Istanbul and Ankara
  4. Main sectors of the Turkish economy
  5. International Trade of Turkey
  6. Foreign Direct Investment (FDI) in Turkey
  7. Establishing a Business in Turkey
  8. Special Investment Zones
  9. Case Study: Koç Holding
  10. European Union-Turkey Customs Union
  11. Africa-Turkey Partnership
  12. Access to the Turkish market
  13. Business Plan for Turkey

The objectives of the Online Subject “Foreign Trade and Business in the Republic of Turkey” are the following:

  1. To analyse the Turkish economy and foreign trade
  2. To know the business opportunities in the Republic of Turkey
  3. To explore Turkish trade relations with the student's country
  4. To know Turkish Free Trade Agreements (FTAs)
  5. To examine the profile of Turkish companies
  6. To analyse the customs union between Turkey and the European Union and Turkey-Africa Partnership
  7. To develop a business plan for the Turkish market

The eLearning Subject “Doing Business in Turkey” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Masters: International Business, Foreign Trade, Muslim Countries, Europe
  2. Doctorate: Muslim Countries, Europe
  3. Courses: Eastern Europe and Turkey, Central Eurasia

The course materials are available in Master in International Business in English (or Study Master Doctorate Business in Spanish Turquía Study, Master in International Business in French Turquie)

  1. Credits of the Online Subject “Foreign Trade and Business in Turkey”: 3 ECTS Credits
  2. Duration: three weeks

Uluslararası İşletme Yüksek Lisans


Example of the Online Subject (Doing Business in Turkey):
Master Course: Business in Turkey

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Description of the Online Subject: Doing Business in Turkey.

Turkey is the sixteenth world largest economy.

  1. The Republic of Turkey has a total population of 78 million people (24 million people are active)
  2. Area: 783,562.38 square kilometres
  3. Turkish Capital: Ankara (5.1 million)
  4. Turkish argest city: Istanbul (14.3 million)
  5. Official language: Turkish
  6. Borders of Turkey: Bulgaria, Greece, Georgia, Armenia, Azerbaijan, Iran, Iraq, and Syria
  7. Abolition of Slavery in Turkey: 1876

Religion in Turkey: Islam.

  1. Fiqh (Islamic Jurisprudence): Fiqh-el-hanafi (Hanafi)

Turkey belongs to Central Eurasian Economic Area (Turkic area) (Islamic Civilisation).

European Union-Turkey Customs Union (e-Course)

Turkish Economy.

  1. The economy of the Republic of Turkey has had a steady economic growth rate for the last twenty quarters
  2. The Turkish gross national product and GNP per capita shows the strength of the Turkish economy as well as its integration into the global economy
  3. The Republic of Turkey has made significant steps in restructuring Turkish financial sector, improving public sector governance, and business environment
  4. Turkish GDP: 800 billion USD
  5. Average annual real GDP growth: 4.2%
  6. The main sectors of the Turkish economy are agriculture and food, automotive, Business Services, chemicals, electronics, energy and renewable, Financial Services, Healthcare and Pharmaceuticals, Information and communication technologies (ICT), Infrastructure, Machinery, manufacturing, mining, property (real estate), tourism, transportation, and logistics
  7. Turkish manufacturing sector: 24% of GDP
  8. Sixteenth world largest pharmaceutical product producer
  9. The Turkish agriculture sector will be one of the top five world producers (2023)
  10. Property (real estate) sector in Turkey: 4.6% of Turkish GDP
  11. A Global leader in dried figs, dried apricots, and hazelnuts production
  12. Seventeenth largest car maker in the World
  13. Seventh largest plastic producer in the World
  14. 30 million tourists every year
  15. Inflation: 8%
  16. Deep structural reforms
  17. Universal Health Insurance
  18. Health “free zones.”
  19. Currency: Turkish Lira (TRY)
  20. Turkey is a EU candidate member (EU Enlargement)

Koç Holding Turkey

Turkish Foreign trade.

  1. Turkey is a natural bridge between Asian and European Markets (Eurasian)
  2. Total Turkish exports: 158 billion USD
  3. Total Turkish imports: 242 billion USD
  4. The main Turkish exports markets are the European Union (56%), Russia (4%), the United States (4%), Romania (3%), the United Arab Emirates (3%), and Iraq (3%)
  5. Textiles and transport equipment are the main imports of the European Union from Turkey
  6. The main import providers are Russia, China, Germany, the United States, Italy, Iran, India, and Spain
  7. The main imports origin of the Republic of Turkey are the European Union (41%), Russia (14%), the People's Republic of China (8%), the United States (5%), Iran (4%) and Switzerland (3%)
  8. The main European Union exports to Turkey are machinery, transport material, and chemical products
  9. Turkey has a Customs Union with the European Union
  10. Access to the CIS and the Middle East markets
  11. Access to the Eurasian Land Transport Initiative

Silk Road China-Europe by Road (Course Master)

Foreign direct investment (FDI) in Turkey.

  1. Total FDI: 12.5 billion USD
  2. Turkey is the thirteenth most attractive nation in the World for Foreign direct investment (FDI)
  3. 41,397 foreign companies are established in the Republic of Turkey working in wholesale and retail trade, manufacturing, and property (real estate)
  4. Textile production leads the manufacturing sector in foreign direct investment followed by chemicals and food and beverage products
  5. Government body: Ministry of Investment Support and Promotion Agency (ISPAT)

Africa-Turkey Partnership Cooperation Framework

Turkey Free Trade Agreements (FTA) and Economic Organisations

Turkey has signed Free Trade Agreements (FTA) with the European Free Trade Association (EFTA - Iceland, Norway, Switzerland, and Lichtenstein), Israel, Macedonia, Bosnia and Herzegovina, Tunisia, Morocco, the Palestinian Authority, Syria (pending), Egypt, Jordan, Georgia, Lebanon, Montenegro, Serbia, Chile, Mauritius, South Korea, and Albania.

EFTA-Turkey Free Trade Agreement (Course)

FTA not yet ratified by Lebanon, Malaysia, Kosovo, Moldova, and Ghana.

  1. Black Sea Economic Cooperation (BSEC)
  2. Economic Cooperation Organisation (ECO)
  3. Turkey-Chile Free Trade Agreement (FTA)
  4. Cooperation Council of Turkic Speaking States (Turkic Council) / Türk Dili Konuşan Ülkeler İşbirliği Konseyi (Türk Konseyi - TDİK)
  5. European Union-Turkey Customs Union
  6. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
  7. Arab League
  8. International Rail Transport Committee (CIT)
  9. Customs Convention on Containers
  10. Intergovernmental Organisation for International Carriage by Rail (OTIF)

Samples - Business in Turkey

Turkey Free Trade Agreements

Cooperation Council of Turkic Speaking States

European Union Enlargement (e-Course)

Economic Cooperation Organisation ECO

Turkey-Albania Free Trade Agreement (Course Master)

Turkey-Lebanon Free Trade Agreement (Course Master)

Turkey-Jordan Free Trade Agreement (Course Master)

Chile-Turkey Free Trade Agreement (Course)

Turkey-Korea Free Trade Agreement (Course Master)

Trade Preferential System TPS Organisation of Islamic Cooperation

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