On December 8, The International Investors Association attended the “EU-Turkey High-Level Economic Dialogue Meeting” held in Brussels.
The meeting, co-chaired by Turkish Deputy Prime Minister Mehmet Şimşek and the European Commission Vice-President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen, was attended by Minister of Customs and Trade Bülent Tüfenkci, Minister of Economy Nihat Zeybekci, the European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici, and European Commissioner for Trade Cecilia Malmström. YASED was represented by Vice Chairman of the Board Steven Young and Secretary General Özlem Özyiğit.
During the business dialogue session of the meeting, representatives from Turkish and EU business organizations and private sector corporations, ministers, commissioners, and financial institutions based in Europe exchanged ideas on enhancing the economic cooperation and communication between the two sides, as well as the overall business climate.
During the inter-ministry official economic dialogue sessions, points of discussion centered around the economic climate in the EU and Turkey, macroeconomic policies and structural reforms.
Katainen spoke as follows about the meeting: “Today, I emphasized the importance of continued supremacy of law, which will also benefit investments and economic growth; our discussion had a friendly and sincere tone. We desire for our economic and financial ties with Turkey to continue.”
Deputy Prime Minister Şimşek, pointed to the importance of the supremacy of democracy and law and the role thereof for the peace and security of both the citizens of Turkey, as well as the region as a whole. Şimşek indicated that this dialogue platform does not constitute an alternative to full EU membership, and said: “Turkey continues to strive for full EU membership and believes that this route will best serve the interests of both sides. We are looking forward to the speedy and effective modernization of Customs Union.”
Young: Turkey is an economy with attractive opportunities