Educational level: Continuing education / Executive education programs.
Course summary (Doing business in Turkey)
Doing business in Turkey (70 million people): the 13th most attractive country in the world for Foreign direct investment (FDI)
Turkish economy. Foreign trade of Turkey
Fiscal discipline and a tight fiscal policy continue to be the main pillars
of Turkey’s economic program and have contributed a great deal to disinflation
as well as to a strong growth performance. Turkey has a total population of
70 million, of which 24.6 million people are active in the labor force.
In addition to the sound macroeconomic policies, Turkey has implemented a
comprehensive and far-reaching structural reform agenda. Compared with
the experiences of other countries, Turkey’s success has been remarkable
primarily because of the speed with which it has conducted structural and
institutional changes. Indeed, Turkey has made large strides in restructuring
its financial sector as well as improving public sector governance and its
business environment.
Turkey has been A member of World Trade Organization, since 1995. Its
commitment to integrating with regional and international trade norms is seen in
its participation in and membership of various organizations such as:
Economic Cooperation Organization (ECO), UNCTAD, Black Sea
Economic Cooperation Organization, World Custom Organization, International
Chamber of Commerce, Islamic Cooperation Organization, D-8 , Stability Pact, and
various other organization.
In addition to the Custom Union with the EU, Turkey has signed Free Trade
Agreements with EFTA, Israel, the former Yugoslav Republic of Macedonia,
Croatia, Bosnia-Herzegovina,
Tunisia,
Morocco, the Palestinian Authority,
Syria, Egypt, Jordan, Georgia and Albania.
The Turkish economy has had a steady growth rate for the last 20
quarters. GNP and GNP per capita figures highlight the strength and the
stability of the national economy as well as its integration to macroeconomic
global trends.
In recent years, the Turkish economy has displayed a high growth performance
due to decisively implemented structural reforms as well as successful
macroeconomic policies; it has become one of the fastest growing economies in
the world. The average real GDP growth rate, which was 2.4% during the 1992-2001
period, reached 7.45% in the 2002-2006 period.
Turkey is the 13th most attractive country
in the world for FDI ...
As of May 2007, a total of 16,500 companies with international capital were
operating in Turkey. Among these, 13,549 companies and branch offices with
international capital have been established and 2,951 foreign capital
participations in the existing companies incurred.
The majority of the 16,500 companies financed with international capital is
in the wholesale and retail trade sectors; this is followed by manufacturing, real estate renting and other business activities. Textile goods production
leads the manufacturing sector in investments followed by chemicals and food and
beverage products
Example of the course (Doing business in Turkey):
Imports into Turkey (2010) came from the following key markets: the EU
(40.8%), Russia (14.0%), China (7.9%), USA (4.8%), Iran (3.9%) and Switzerland
(3.1%). Main EU exports to Turkey are machinery (32.2%), transport material
(18.6%) and chemical products (16.9%).
Main Turkish exports markets were the EU (56.4%), Russia (4.4%), USA (3.9%),
Romania (3.4%), United Arab Emirates (3.0%) and Iraq (2.6%). Textiles and
transport equipment dominate EU imports from Turkey, both accounting for about
24% of the total. Other important imports are machinery (17.7%), and
agricultural products (7.1%).
With respect to Turkey's imports by country Groups, European Union (EU) members have
maintained the highest position since 1980. Between 1999 and 2005, while it was
observed that imports from EU members rose from around 44% to 52%, there was
also a marked increase in imports from Asia, the Black Sea Economic Cooperation
Member countries, and the Common Wealth of Independent States which has
attracted significant attention.
European Union and Turkey Customs Union:
In 2005, the share of imports to OECD countries was 56.6%. The highest
position among the OECD countries was held by the European Union (EU) members with a total market
share of 42.2%. In 2005 the top 5 countries in terms of imports were Germany, Russia, Italy, China and France. The overall share of these 5 countries in
imports was 40.1%.
Borders of Turkey: Bulgaria, Greece, Georgia, Armenia, Azerbaijan, Iran, Iraq and Syria.
DIŞ TİCARET VE ULUSLAR ARASI ÇALIŞMA YÖNETİMİ (UYGULAMALI EĞİTİM)
EENI delivers to HRH Prince
Alwaleed bin Talal a Master Honoris Causa
Member of: Arab League - Economic and Social Commission for Asia and the Pacific (ESCAP) - International Monetary Found - Islamic Development Bank - OECD - Organization of the Islamic
Conference - World Trade Organization (WTO) - World Bank.
Example of the course: Free Trade Agreement (FTA) Chile -
Turkey:
Business, Turkey, Turkish, economy, foreign trade, Istambul, Ankara, Doing business, most attractive, country, world, foreign, Direct, Investment, FDI, Master, international business
EENI International Business
