United Nations conferences

Do we want to draw foreign investments?

The cost to tourism alone from the Russian crisis has been calculated at $5 billion. With trucks being kept waiting at the border and with fruits and vegetables returned, the cost of the crisis for the first six months of 2016 was calculated by some economists at $7.2 billion. 

In this case, Turkey needs to attract foreign direct investment (FDI) now more than any other time.

Turkey ranks 22nd most popular spot for foreign direct investors: Association

Foreign direct investment (FDI) into Turkey was $12.1 billion in 2014, making the country the 22nd most popular spot for investors in the world, while the country is expected take in another $12 billion this year, said Ahmet Erdem, head of the International Investors Association (YASED), in a joint meeting with the United Nation's Conference on Trade and Development (UNCTAD) on June 24. 

Turkey will discuss its development-focused agenda at G-20 summit

Turkey will strive to implement a heavy agenda aimed at narrowing the disparity between the most and least developed countries during its G-20 presidency, its prime minister vowed ahead of this weekend’s G-20 leaders’ summit hosted by outgoing president Australia in Brisbane.