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EKONOMİK
FORUM
Held at the TOBB Twin Towers, the
8th Turkey Sectoral Economy Summit
brought together representatives
from 60 different sectors. TOBB
President M. Rifat Hisarcıklıoğlu
hosted the Summit wherein sectors
underwent examination. Stating
that the Summit is the biggest of its
kind in Turkey, bringing together
all sectors, TOBB President M. Rifat
Hisarcıklıoğlu, stated that sector
councils are comprised of the 40
largest companies in their respective
sectors. This enables keeping close
tabs on sectors; also present on the
councils are a permanent public
administration representative relevant
to the sector, said Hisarcıklıoğlu and
went on, “This way, Turkey’s sector
councils have come together with the
public administration around a table
to consult, to cooperate and discuss
its problems, acting as a sectoral and
consultative mechanism.”
The problems and suggestions
of the sectors were clearly put forth
during the Summit. TOBB Turkey
Sector Councils’ requests focus
mainly on the reduction of costs and
incentivizing competition.
SELECT NEWS
ECONOMIC FORUM
8th Turkey Sectoral Economy Summit
examines the sectors
Founded by TOBB, the International
Chamber of Commerce (ICC) and World
Chambers Federation (WCF), the World
SME Forum Foundation was opened
in İstanbul on May 23rd, 2015. The
World SME Forum Foundation aims to
be a platform for endeavors to support
SMEs throughout the world.
Stating that the inclusivity brought
to the fore during Turkey G20 Term
Chairmanship with the SME Forum has
become an institution, TOBB President,
B20 Turkey Chair and ICC Board
Member M. Rifat Hisarcıklıoğlu said:
“Since 2008 the Financial
Stability Council has been rewriting
global financial regulations in
Basel, Switzerland. These financial
regulations effect SMEs the most.
At the end of the day, SMEs’ access
to financial tools is becoming more
and more restricted. It is not just
access either. The new financial crime
fighting rules and banks’ information
gathering responsibilities are making
it impossible for SMEs to do business.
The World SME Forum will work to
prevent the negative impacts of such
implementations. The World SME
Forum will also provide guidance for
countries seeking to support SMEs.
Another field we will be active
in is the development of systems
for certification of SMEs’ qualities.
Platforms to bring SMEs together
with large companies will be created,
enabling SMEs to take their rightful
place in the increasingly global
economy.”
World SME Forum Foundation
for the development of SMEs