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“Turkey: The Gateway to opportunities on the Silk
Road”
U. Kenan Ipek
CONSUL GENERAL OF THE REPUBLIC OF TURKEY
is the 17th largest economy of the world and 6th largest of the EU with GDP of $654 bn (2007)
with 70 million populationthe largest and the youngest of Europe
has reached 22 million internet users
in last three years (2007)
has 37 million credit card users
(2007)
has 62 million GSM users
(2007)
Turkey is the 8th largest shipbuilding country in the world (2006) -
Turkey is the 3rd largest mega yacht producer in the world (2006) –
VOLITAN IDA International Design Award 2007,New York
Over 1 million motor vehicles were produced in 2007, for 17 global brands, making Turkey 16th largest producer worldwide
Turkish Airlines is the fastest growing airline company in Europe -
Total 62 million flight passengers in last 4 years -
Cumulative undertakings of construction and consulting engineering firms have reached 105 billion Dollars in more than 65 countries
Turkey ranked as the 9th most visited holiday destination in the world with 23.3 million tourists
GENERATED REVENUE (INTERNATIONAL
TOURISM)
Country 2006*(bill $)
1. USA 85,72. Spain 51,13. France 42,94. Italy 38,15. China 33,96. United
Kingdom 33,7
7. Germany 32,88. Australia 17,89. Turkey 16,910. Austria 16,7
Manufacturers in Turkey access to 1.2 billion consumers
LOCATION OF TURKEY
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TURKEY: A MAJOR ENERGY TRANSPORTATION HUB
Natural GasNatural Gas
A. ExistingA. Existing• Russia-Turkey (2 pipelines)• Iran-Turkey
B. Under constructionB. Under construction• South Caucasus• Turkey-Greece-Italy
C. ProjectedC. Projected• Trans-Caspian• Nabucco• Samsun-Ceyhan-Haifa• Iraq-Turkey
OilOil
A. ExistingA. Existing• Baku-Tbilisi-Ceyhan (BTC)• Kirkuk (Iraq)-Ceyhan
B. ProjectedB. Projected• Kazakh oil (BTC)• Samsun-Ceyhan
THE BTC AND THE BTE PROJECTS
NABUCCO PIPELINE
ARAB NATURAL GAS PIPELINE
MAJOR PIPELINE SYSTEM AND PROJECTS (1)
MAJOR PIPELINE SYSTEM AND PROJECTS (2)
NATURAL GAS PIPELINES
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Trans-CaspianTurkmen Gas
Egyptian GasArab Gas PL
IraqiGas
(ITGEP)
ShahDeniz
Nabucco
ITGI
Arab Gas PL
BlueStream
RussianGas-West
Nabucco
Trans-CaspianKazakh Gas
ITG
IranianGas
Bosnia Herzegovina
Austria
İzmir
Ceyhan LNG Liquifaction andExport Terminal
TURKEY: NOT ONLY A TRANSI T CORRI DOR BUT ALSO AN ENERGY HUB
THE CEYHAN TERMINAL
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TURKISH ECONOMY
1993-2003(Yearly
Average)2004 2005
FDI INFLOW ($ bn)2006
Source: Undersecretariat of the Prime Ministry for Treasury
2007
1.12.8
9
2022
21
TURKISH ECONOMY
2003
Source: Undersecretariat of the Prime Ministry for Foreign Trade
FOREIGN TRADE VOLUME ($ bn)2004 2005 2007 2006
117161
190
277220
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TURKISH EXPORTS TOTURKISH EXPORTS TO• Germany• UK • Italy• USA• France• Spain • RF• Iraq• Netherlands• Romania
TURKISH IMPORTS FROMTURKISH IMPORTS FROM• RF• Germany• China• Italy • France • USA• Iran• UK• Switzerland • Spain
TURKISH ECONOMYMAIN FOREIGN TRADE PARTNERS
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AlbaniaBosniaCroatia
Algeria * EgyptIsrael
Jordan *Lebanon *
EFTA (Iceland, Norway, Switzerland and
Lichtenstein)MacedoniaMorocco
Palestinian Authority Syria
TunisiaGeorgia *
FREE TRADE AGREEMENTS
TURKEY’S FOREIGN TRADE POLICY
* Free Trade Agreement underway
Along with the Custom Union with the EU, Turkey has Free Trade Agreements with 11
countries
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TURKISH ECONOMY
Source: Undersecretariat of the Prime Ministry for Foreign Trade
2003 2004 2005 2007 2006
107
4763
7385
MERCHANDISE EXPORTS ($ bn)
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Mining Products3%
Agricultural Products
11%
Manufactures 86%
Manufacturing goods dominate a high percentage of exports
TURKISH ECONOMYBREAKDOWN OF TURKISH EXPORTS BY SECTORS BREAKDOWN OF TURKISH EXPORTS BY SECTORS
(2007)(2007)
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TURKISH ECONOMY
Source: Undersecretariat of the Prime Ministry for Foreign Trade
2003 2004 2005 2007 2006
6997
116135
170
MERCHANDISE IMPORTS ($ bn)
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Most of the intermediary goods are processed for exports
TURKISH ECONOMYBREAKDOWN OF TURKISH IMPORTS BY BREAKDOWN OF TURKISH IMPORTS BY BROAD ECONOMIC CATEGORIES (2007)BROAD ECONOMIC CATEGORIES (2007)
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1996 2003
Customs
Union:
2005
2006
2004
TRADE WITH EU COUNTRIES ($ bn)
TURKEY’S FOREIGN TRADE POLICY
Source: Undersecretariat of the Prime Ministry for Foreign Trade
2007
35.660
8895
80
118
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2000Implementation year of
the Strategy
TRADE WITH NEIGHBOURING AND SURROUNDING COUNTRIES ($ bn)
TURKEY’S FOREIGN TRADE
Source: Undersecretariat of the Prime Ministry for Foreign Trade
2003
2005
2006
2004
2007
20 31
60
75
45
96
30
2000
NEIGHBOURING AND SURROUNDING COUNTRIES
TURKEY’S FOREIGN TRADE POLICY
Source: Undersecretariat of the Prime Ministry for Foreign Trade
Turkish Foreign Direct Investments($ bn / cumulative)
2007 12
7Implementation year of
the Strategy
31
2001 2002
2004
2006
2003
TRADE WITH THE USA ($ bn)
TURKEY’S FOREIGN TRADE POLICY
Source: Undersecretariat of the Prime Ministry for Foreign Trade
2005
2007
6.4 6.5
9.611
7.2
12.310.2
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POTENTIAL SECTORS AND PRODUCTS
- jewelry- copper and aluminum products, - pumps- air-conditioning equipment- machine tools - electrical equipment- home appliances- cables- agricultural products- auto spare parts
- automotive- processed foods- plastics- apparel, yarns - fabrics - home textiles- marble - ceramic tiles - sanitary ware- glassware
ALLIANCE OF CIVILIZATIONS
– TURKEY AND SPAIN UNDERTOOK THIS PROJECT UNDER THE AUSPICES OF FORMER UN SECRETARY GENERAL, KOFI ANNAN
– PURPOSE IS TO ADDRESS GROWING POLARIZATION
BETWEEN WEST AND ISLAMIC WORLD
– HIGH LEVEL GROUP ESTABLISHED BY UN SECR. GEN. SUBMITTED ITS FINAL REPORT IN 2007
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Thank You
