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Turkey has the potential to kick off its

third liberalization phase, transitioning from

compliant to policy maker in the global trade

architecture. Managed properly by all parties,

Transatlantic Trade and Investment Partnership

(TTIP) can be transformed into opportunity

for Turkey. It should be considered a turning

point in the realization of Turkey’s economic

expectations. In this regard, it is vital that

the process which will revise the European

Commission and the Custom Union.

The activities held in Washington D.C. by the B20 presided over by

the Union of Chambers and Commodity Exchangges of Turkey (TOBB)

President M. Rifat Hisarcıklıoğlu, were attended by 350 guests from all

over the world. The B20 Committee, previously made up of 200 people,

increased to 600 while the International Business Arbitration Council,

which was established as a permanent structure for the first time,

increased its high level representation number to 50. Coca Cola’s CEO

Muhtar Kent presides over IBAC, which brought together world renowned

business people and CEOs together at the meeting in Washington D.C.

Speaking at the conference, International Monetary Fund Chair

Christine Lagarde reported that the G20 has entered a period of

intense activity with Turkey’s presidency, “Turkey’s G20 presidency is

strong and honest.”

TOBB President and B20 Turkey Chair M. Rifat Hisarcıklıoğlu

reported that Turkey’s G20 and B20 Term Presidency has been met with

admiration throughout the world.

According to Eurostat, EU’s utilization of

renewable energy has increased from 8.3% in

2004 to 15% in 2004. The country which uses

the most renewable energy is Sweden; the lowest,

Luxemburg. Eurostat data is not only important in

showing the progress EU has achieved towards its

renewable energy goals as well as the utilization of

renewable energy which is important for the long

term goals of both the EU and Turkey.

EKONOMİK

FORUM

129

i

Mehmet Baybulat AŞETEY

TOBB Bilgi Erişim Uzman Yardımcısı

Ô

Turkey: Results of the

Transatlantic Trade and

Investment Partnership

TOBB, brought together

“Turkish Speaking

Entrepreneurs”

from various countries

Hosted by TOBB, the 18th Turkish Speaking Entrepreneurs Program

brought together 47 entrepreneurs from 21 countries and autonomous

regions. TOBB Secretary General Mustafa Saraçöz presented the attendees of

the 18th Turkish Speaking Entrepreneurs Program with their certificates and

urged them to increase trade and commerce between their countries.

Turkish Speaking Entrepreneurs Program was implemented in 2005 to

strengthen ties with Turkish speaking entrepreneurs in neighboring countries,

the Middle East and the Balkans by TOBB and the Ministry of Foreign Affairs.

To date, 650 people have attended the program from neighboring and friend

countries.

Turkey’s astonishing

G20 and B20

performance

Increased ratio of

renewable energy

in the

EU and Turkey