1 “ Turkey: The Gateway to opportunities on the Silk Road ” U. Kenan Ipek CONSUL GENERAL OF THE REPUBLIC OF TURKEY.

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Presentation transcript:

1 “ 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 population the 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 D ollars 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. USA85,7 2. Spain51,1 3. France42,9 4. Italy38,1 5. China33,9 6. United Kingdom33,7 7. Germany32,8 8. Australia17,8 9. Turkey16,9 10. Austria16,7

Man u facturers in Turkey access to 1.2 billion consumers LOCATION OF TURKEY

11

TURKEY: A MAJOR ENERGY TRANSPORTATION HUB Natural Gas A. Existing Russia-Turkey (2 pipelines) Iran-Turkey B. Under construction South Caucasus Turkey-Greece-Italy C. Projected Trans-Caspian Nabucco Samsun-Ceyhan-Haifa Iraq-TurkeyOil A. Existing Baku-Tbilisi-Ceyhan (BTC) Kirkuk (Iraq)-Ceyhan B. 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

THE CEYHAN TERMINAL

20 TURKISH ECONOMY (Yearly Average) FDI INFLOW ($ bn) 2006 Source: Undersecretariat of the Prime Ministry for Treasury

21 TURKISH ECONOMY 2003 Source: Undersecretariat of the Prime Ministry for Foreign Trade FOREIGN TRADE VOLUME ($ bn)

22 TURKISH EXPORTS TO Germany UK Italy USA France Spain RF Iraq Netherlands Romania TURKISH IMPORTS FROM RF Germany China Italy France USA Iran UK Switzerland Spain TURKISH ECONOMY MAIN FOREIGN TRADE PARTNERS

23 Albania Bosnia Croatia Algeria * Egypt Israel Jordan * Lebanon * EFTA (Iceland, Norway, Switzerland and Lichtenstein) Macedonia Morocco Palestinian Authority Syria Tunisia Georgia * 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

24 TURKISH ECONOMY Source: Undersecretariat of the Prime Ministry for Foreign Trade MERCHANDISE EXPORTS ($ bn)

25 Mining Products 3%3% Agricultural Products 11% Manufactures 86%86% Manufacturing goods dominate a high percentage of exports TURKISH ECONOMY BREAKDOWN OF TURKISH EXPORTS BY SECTORS (2007)

26 TURKISH ECONOMY Source: Undersecretariat of the Prime Ministry for Foreign Trade MERCHANDISE IMPORTS ($ bn)

27 Most of the intermediary goods are processed for exports TURKISH ECONOMY BREAKDOWN OF TURKISH IMPORTS BY BROAD ECONOMIC CATEGORIES (2007)

Customs Union: TRADE WITH EU COUNTRIES ($ bn) TURKEY’S FOREIGN TRADE POLICY Source: Undersecretariat of the Prime Ministry for Foreign Trade

Implementation year of the Strategy TRADE WITH NEIGHBOURING AND SURROUNDING COUNTRIES ($ bn) TURKEY’S FOREIGN TRADE Source: Undersecretariat of the Prime Ministry for Foreign Trade

NEIGHBOURING AND SURROUNDING COUNTRIES TURKEY’S FOREIGN TRADE POLICY Source: Undersecretariat of the Prime Ministry for Foreign Trade Turkish Foreign Direct Investments ($ bn / cumulative) Implementation year of the Strategy

TRADE WITH THE USA ($ bn) TURKEY’S FOREIGN TRADE POLICY Source: Undersecretariat of the Prime Ministry for Foreign Trade

32 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

34 Thank You