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www.undpforblacksea.org Greece - Turkey: Investment Opportunities & Synergies Greek-Turkish Chamber of Northern Greece 13 April 2013 Thessaloniki, Greece Barry Kolodkin, Regional Programme Manager registry.gr@undp.org www.undpforblacksea.org
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WHAT IS BSTIP? Began in 2007; project office in Athens, Greece Objective : To stimulate intra-regional trade and investment in and among Black Sea Economic Cooperation (BSEC) organization countries Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Serbia, Turkey and Ukraine 2
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www.undpforblacksea.org Implementer: UNDP Donors: Greece & Turkey Partners/Donors: BSEC & BSEC Business Council Beneficiaries: Enterprises Government agencies Business associations 3
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www.undpforblacksea.org 4 Emphasize cross border economic activity Business facilitation events Training for business support organizations and investment promotion agencies Business development assistance Green business/sustainable development
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350 MILLION PEOPLE 4 TRILLION USD GDP > ½ TRILLION USD IMPORTS = A REAL MARKET BUT NEEDS GREATER DEVELOPMENT 5
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www.undpforblacksea.org Co-sponsoring Ukraine’s state investment project roadshow in Turkey Organizing regional B2B networking events in the ICT, logistics and food sectors Workshop for 8 investment agencies in nation- branding Promoting Moldovan wine in Ukraine and Romania 6 Tourism promotion in Peloponnese, Greece EU food & packaging standards training
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www.undpforblacksea.org Packaging Food products and wine Tourism Construction materials ICT Logistics Renewable energy 7
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www.undpforblacksea.org 8 BSTIP EVENT IN THESSALONIKI 29 MARCH 2013 -- 28 foreign food and consumer product buyers -- More than 80 producers (mainly food)I 29 MARCH 28
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www.undpforblacksea.org 9
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10 Top Turkish Agriculture Imports include: -Cotton lint -Tobacco -Prepared foods Prepared foods i nclude both crop and livestock products. Inter alia: homogenized composite food preparations; soups and broths; ketchup and other sauces; mixed condiments and seasonings; vinegar and substitutes; yeast and baking powders; stuffed pasta, whether or not cooked; couscous; and protein concentrates. Including turtle eggs and birds' nests. Source: FAO Top Greek Agriculture Exports include: -Cotton lint -Tobacco -Prepared foods
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www.undpforblacksea.org 11 Top Greek Agriculture Imports include: -Prepared foods -Wheat Top Turkish Agriculture Exports include: -Prepared foods -Wheat flour
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www.undpforblacksea.org - Growing food exports for Greece and Turkey - Growing food imports for Turkey - Food imports for Greece stabilizing - Growing bilateral trade - Mutual products of interest - MARKET OUTLOOK IS BRIGHT 12
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