130
EKONOMİK
FORUM
SELECT NEWS
ECONOMIC FORUM
Forming the Nicosia Economic
Forum, the Union of Chambers and
Commodity Exchanges of Turkey
(TOBB), Cyprus Turkish Chamber
of Commerce and Industry (KTTO)
and the Hellenic Chambers Union
held the third meeting of the Forum
in Athens. Attending the meeting
presided over by TOBB President M.
Rifat Hisarcıklıoğlu were the Turkish
delegation including TOBB Board
Treasurer Faik Yavuz, Gaziantep
Chamber of Industry (GSO) Chairman
Adil Konukoğlu, TOBB Organized
Industry and Technology Zones Inc.
(BIS Inc) Board Chairman Ahmet
Şekeroğlu and the Economic Policy
Research Foundation of Turkey
(TEPAV) Director Prof. Dr. Güven.
The agreed upon decisions were
announced to the public following
the meeting in a joint press release.
The release urges the restart of the
negotiations for Cyprus. Stating that
the present deadlock is of no use to
any party involved, “We believe that
the negotiations should be conducted
to achieve results in a constructive
environment in reaching a win-win
scenario.”
TOBB University of Economy and
Technology (TOBB ETU), has been
awarded Erasmus-Quality (E-Quality)
Award, awarded by the European Union
Education and Youth Programs Center
for good conduct in the field of student
internship mobility. TOBB ETU Deputy
Rector Prof. Dr. Adem Şahin accepted
the award from Higher Education
Council (YÖK) Deputy Chairman Prof. Dr.
Şaban Çalış. Also attending the award
ceremony were TOBB ETU Erasmus
Institution Coordinator and Computer
Engineering Department Head Assoc.
Dr. Erdoğan Doğdu and Foreign Affairs
Director Fisun Talay Yavuzcan.
TOBB ETU wins Turkey
National Agency’s
Erasmus-
Quality
Award
Efforts are underway by
China and BRICS countries
(Brazil, Russia, India,
China and South Africa)
to establish the Asian
Infrastructure Investment
Bank’s (AIIB) number of
founding members has
increased to 57. According
to the Chinese Treasury
website, the application
period to become a founding
member of AIIB ended on
the 15th of April, 2015.
Founding members of the
AIIB are:
China, Turkey, France,
Germany, Bangladesh,
Brunei, Cambodia,
India, Indonesia, Italy,
Jordan, Kazakhstan,
Kuwait, Kyrgyzstan, Laos,
Luxembourg, Malaysia,
Maldives, Malta, Mongolia,
Myanmar, Nepal, New
Zealand, Oman, Pakistan
, Philippines, Qatar, Saudi
Arabia, Singapore, Sri Lanka,
Switzerland, Tajikistan,
Thailand, United Arab
Emirates, United Kingdom,
Uzbekistan, Vietnam,
Iran, Spain, South Korea,
the Netherlands, Brazil,
Georgia, Austria, Finland,
Denmark, Australia, Russia,
Egypt, Norway, Sweden,
Israel, South Africa,
Azerbaijan, Iceland, Portugal
and Poland.
The AIIB is viewed
as an alternative to the
International Monetary
Fund and the World
Bank. The bank is planning
to begin activities by the end
of 2015 with a total capital
of 100 billion USD, 50
billion of which China has
pledged to provide.
Advantages of the founding of
the Asian Infrastructure
Investment Bank
Nicosia Economic Forum
urges for the start
of negotiations for Cyprus
