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Home > Newsletters > October 2007

October 2007

TURKISH PRIME MINISTERS’ VISIT TO LONDON
On 23rd October, at a meeting hosted by the Turkish Investment, Support and Promotion Agency at London's Mandarin hotel, the Prime Minister of Turkey Recep Tayyip Erdogan said that Turkey is a leading actor in global politics and economy. The British and Turkish Prime Ministers met in London on the same day and signed a Strategic Partnership Document with Britain. To view this document, click on UK-Turkey Strategic Partnership.

The Turkish Investment, Support and Promotion Agency (Invest in Turkey; a member of the TBCCI) was set up at the beginning of 2007 by as a new operational agency to facilitate investing in Turkey. 


Click for more photos

To view information and statistics about Investments in Turkey and trade figures between the UK and Turkey, please see the ‘Events Presentations’ section below.

TURKEY'S 2008 DRAFT BUDGET
The contents of Turkey's 2008 draft budget was submitted to the Turkish Parliament on October 17 and the targets were endorsed by the IMF. It is expected that, as a result of fiscal policy implementation, net public debt which was 45 % of GNP in 2006 is expected to fall below 40% of GNP this year

AUSTRIAN AWARD
TBCCI member Selim Sariibrahimoglu, Sariibrahimoglu Law Office, Turkey, has been awarded the Order of Merit of Austria on September 12th for his contributions to the bilateral relations between Turkey and Austria.

CHAMBER EVENTS, ISTANBUL
31 Oct 2007, TBCCI Joint Dinner with GYSIAD
02 Nov 2007, TBCCI Members Evening
02 Nov 2007, Workshop for TBCCI Members from Turkey
31.10-03.11, 115 International Food Exhibition
To view details of these events or to register, click on Istanbul Events

CHAMBER EVENTS, LONDON
24 Oct 2007; Meeting with the UK Branch of the Junior Chamber International
29 Oct 2007; Local Government: Meeting with Mayors of Turkish regions
15 Nov 2007; Banking On Turkey, with FT Global Events
29 Nov 2007; Olympic Readiness
To view the details or to make your bookings, click on an event name.
To view past events, click on Past Events

EVENTS PRESENTATIONS
There is a new feature on the Chamber website www.tbcci.org, from where you can view the presentations, speeches, information or photos of TBCCI organised or participated events, conferences or seminars. On the homepage, under TRADE SERVICES, click on the ‘Event Presentations New’ link. Together with the Trade Statistics menu on the website, using the new feature you will be able to access detailed information and statistical date about Investment and Trade between the UK and Turkey.

UK-TURKEY TRADE: August figures
In August 2007 and in the 9 months cumulative January-August period, the trade volume between the UK and Turkey increased by 16.4%.

AUGUST 2007/06 TRADE FIGURES
($ million) Aug 07 Aug 06 Change
Import 699.3 521.3 34.2%
Export 362.0 390.3 -7.3%
Total 1,061.3 911.6 16.4%

JANUARY-AUGUST 2007/06 TRADE FIGURES
($ million) Jan-Aug 07 Jan-Aug 06 Change
Import 5,308.1 4,221.1 25.8%
Export 3,491.1 3,337.8 4.6%
Total 8,799.2 7,558.9 16.4%

Import: UK imports from Turkey
Export: Exports from the UK to Turkey
Source: Turkish Statistical Institute

Click on Trade Statistics, to view 2006 & 2005 UK-Turkey export import figures by product categories and products

UK VISITORS TO TURKEY

Number of visitors from the UK to Turkey Change Change
Period 2007 2006 2005 2007/06 2007/05
September 291255 255369 268 889 14.05% 8.32%
Jan-Sep 1 637921 1 431252 1 497 569 14.44% 9.37%

In 2007, the number of visitors from the UK to Turkey reached the highest figure exceeding the results of the then highest year, 2005

NEW TBCCI MEMBERS SECTOR COUNTRY
Maxis Securities Limited Banking Finance UK
Emma Edhem Solicitors Legal UK
Myko UK Ltd. Building Materials UK
Saksipots Trading Ltd. Garden Equipment UK
Construction UK

Click on a Member name link to view contacts and business profile of the Member

EVENTS DIARY

31.10.2007 - Istanbul - 15 International Food Exhibition
05.11.2007 - Antalya - Turkey - 62nd JCI World Congress
10.11.2007 - Istanbul - Wood Processing Machines Fair
15.11.2007 - London - Banking on Turkey
28.11.2007 - Antalya Expo - Anatolıa Stone Fair 2007
28.11.2007 - Istanbul - Tusid 2007
29.11.2007 - London - Olympic Readiness
06.12.2007 - Antalya - Growtech Eurasia 2007

NEWSLETTER ADVERTISEMENT

TBCCI members can advertise their companies on our monthly newsletter with their Logo as a link to their website for £175 (inc VAT)for one year. If you wish to place an Advert logo on the TBCCI newsletter, please contact us at info@tbcci.org.

Turkish-British Chamber of Commerce & Industry
2nd Floor, Bury House, 33 Bury Street
St. James's London SW1Y 6AU
Tel: +44 20 7321 0999  Fax: +44 20 7321 0989
Company No: 01516670 VAT Reg. No: 340 4349 80
Email:
info@tbcci.org
Web: www.tbcci.org



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