Global Courant
LONDON
President of the Presidential Investment Office Burak Dağlıoğlu said on Monday that Turkey aims to emerge as a “global powerhouse” and to be among the top 10 economies.
“This is an ambitious goal and I am confident that we will achieve it,” Dağlıoğlu said.
The “Turkey: Your Durable Investment Partner” event, hosted by Ambassador Osman Koray Ertaş at the Turkish Embassy Residence in London, brought together important names from the business and finance world, including Dağlıoğlu. Türkiye Wealth Fund.
At the reception, Dağlıoğlu gave a fascinating speech emphasizing Turkey’s extraordinary economic progress and ambitious goals for the future.
Dağlıoğlu, “This is our first acceptance among the capitals as it is the 100th anniversary of the Republic of Turkey.” said. “We believe we’ve had really good success, currently ranking among the top 20 economies with a compound annual growth rate of 5.4% since 2003. I believe this is a significant figure.”
Dağlıoğlu continued his speech by underlining the extraordinary growth in Turkey’s exports.
“Turkey’s exports were only $36 billion in 2002, now it exceeds $250 billion. It’s like a sevenfold increase.” “We owe this success to the important contributions of international investors, including companies operating in Turkey for more than 100 years.”
Determined to position Turkey as a global powerhouse, Dağlıoğlu invited international investors to participate in a wide variety of sectors.
We invite you to invest not only in manufacturing activities, but also in R&D, logistics, regional management activities and sectors such as clean energy, clean infrastructure, financial services and digital businesses.”
England and Türkiye establish strong bilateral trade relations, aim for further growth
Nusrat Ghani, the UK’s secretary of state for science and investment security, also underlined the remarkable growth and resilience of the bilateral trade relationship.
“Our thoughts continue to be with you and those affected by the terrible earthquake in February. The UK continues to offer support and solidarity as you prepare to recover and rebuild,” said Ghani. “Such a recovery includes a sustained positive drive towards trade and investment.”
Ghani underlined the strength of the UK-Turkey bilateral trade relationship, revealing that it had reached a historic high of £23.5 billion ($29.4 billion) in the last year alone, representing growth of over 30%.
He also underlined the upward trend in Turkish investment in the UK, signaling mutual commitment to further develop trade ties.
“There is more we can do to increase our trade. We must continue to support that,” Ghani said. said.
Turkey Wealth Fund General Manager Ermut said that the event emphasized the importance of friendship between England and Turkey and developed stronger relations in terms of investment opportunities.
“This year means a lot to us as it celebrates our nation’s 100th anniversary. The year 2023 is the beginning of our new vision in the center of Turkey with the momentum we have gained in recent years”.
“Our goal is to crown this breakthrough by raising our country among the top 10 countries in the political, economic and even sports fields in this century, which Turkey is in.”
He said the fund could also help British investors invest in Turkey as strategic partners and create opportunities through portfolio companies in different sectors.
Ambassador Ertaş said that Turkey and the UK are two major non-EU partners at the edge of the continent and that they see each other as real strategic partners and allies within NATO.
“Our short and medium term goal is to expand our free trade agreement. Both governments are committed to this. Obviously, many things are put on hold during election times. But now the elections are over… We can start action right away. Focus on bilateral investments and trade after the elections. ”
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