Government of Turkey

Turkish, US treasury chiefs meet in Venice

Turkish Treasury and Finance Minister Lütfi Elvan and U.S. Treasury Secretary Janet Yellen on July 9 met on the sidelines of a G20 meeting in Venice.

"We held a very fruitful meeting [with Yellen] for the improvement of our economic and trade ties," Elvan wrote on Twitter amid the G20 Finance Ministers and Central Bank Governors meeting.

Erdoğan vows to end dependence on foreign defense goods

Turkey's president vowed on July 8 to eliminate the nation's dependence on foreign-made defense products.

"We will continue to increase our investments in the defense industry until we completely free our country from foreign dependence," President Recep Tayyip Erdoğan said at the opening ceremony of a maintenance hangar for A400M strategic airlifters in the capital Ankara.

İYİ Party leader criticizes gov’t over privatization moves

İYİ (Good) Party leader Meral Akşener on July 7 criticized the transformation of the Mechanical and Chemical Industry Corporation's (MKE) weapons factory into a joint-stock company and the inclusion of the Turkish Electricity Transmission Corporation (TEİAŞ) in the scope of privatization.