The New Economic Plan announced by Berat Albayrak, the Minister of Treasury and Finance, is designed with a realistic approach for sustainable economic development and lays out tangible and net targets.
Ahmet Erdem, Chairman of YASED International Investors Association, has congratulated the new cabinet which is taking on its duties for the first time under the Turkish Republic’s new presidential government system.
The Minister of Energy and Natural Resources Berat Albayrak met with top executives of YASED International Investor Association member firms in Istanbul. Opportunities for international direct investments, as well as steps that must be taken to ensure sustainable growth in the energy sector, were discussed in the meeting.
Top ranking officials from YASED member corporations met with the Ministry of Science, Industry and Technology to exchange ideas on what needs to be done as part of Turkey’s “Digital Transformation” process, focusing on current best efforts.
The “EU General Data Protection Regulation (GPDR)”, which will enter into force in May, was discussed at the conference that was organized in Istanbul on March 29, 2018, with the participation of the members of International Investors Association (YASED), Personal Data Protection Authority (KVKK) and foreign senior experts.
YASED (International Investors Association) held a series of consultation meetings; with the Ministry of Finance on November 16, 2017, Ministry of Economy on November 21, 2017 and Ministry of Labor and Social Security on November 30, 2017. During these meetings, key topics on YASED agenda were discussed with the related Ministers and their high-level ministry officials.
The “Third Party Integrity and Compliance Risks of International Companies & Their Management Conference”, organized in cooperation with YASED and TEID, focused on how to mitigate integrity and compliance risks arising from relations with third parties as well as relevant best practices.
YASED Chairman Ahmet Erdem says that international direct investors expect that the political issues between Turkey and the USA be resolved by diplomacy and that bilateral relations return to normal as soon as possible.
International Investors Association - YASED and the Union of Chambers and Commodity Exchanges of Turkey (TOBB) held a Consultation Meeting in Ankara on July 12 with the participation of top executives of international direct investment companies.
According to the report by YASED Work Group on Foreign Trade and Customs, the taxes applied on importation for protective purposes increase the production costs. Turkish Ministry of Economy and YASED members gathered to discuss the subject.
YASED Law & IPR Working Group and Personal Data Protection Sub-Group organized a workshop on June 6, 2017 with the participation of President of Turkish Personal Data Protection Authority (KVKK) Prof. Dr. Faruk Bilir, YASED Law & IPR Working Group Chairman Mr. Selçuk Karaçay and YASED members in order to discuss the law on personal data protection.
Officers, led by head of Tax Inspection Board (VDK) Hüseyin Karakum, came together with YASED Work Group on Tax and Incentives (YWGoTI) to sort out issues encountered in tax review and audit processes.