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EKONOMİK
FORUM
Under Turkey’s term presidency,
Treasury Ministers and Chairpersons of
Central Banks of G20 countries convened at
the B20 Turkey Conference in Ankara on the
4th and 5th of September. In preparation
for the G20 Leaders Summit to be held
in Turkey in November a declaration was
issued with the message of: “Competitive
devaluation should be avoided.”
SELECT NEWS
ECONOMIC FORUM
G20 countries’
Treasury
Ministers and
Chairpersons
of Central
Banks
issue joint
declaration
The first phase of the G20 Leaders
Summit which will be held in November,
the Business 20 (B20) Turkey Conference
was held in Ankara between the 3rd and
5th of September with the attendance
of over a thousand business people and
prominent actors of the global economy
from 60 countries. B20 Turkey Executive
Council and TOBB President M. Rifat
Hisarcıklıoğlu hosted the event which
was attended by IMF Chair Christiane
Lagarde, French President of the
Exchequer Christian Noyer, Nestle CEO
Paul Bulcke, Maersk Group Chair Nils
Andersen, SEB Board President Marcus
Wallenberg and Alexander Shokhin from
Russia as well as many other key names
of the global economy.
After opening keynotes by President
of the Republic of Turkey Recep Tayyip
Erdoğan, Deputy Prime Minister Cevdet
Yılmaz and Hisarcıklıoğlu, sessions
focusing on roadmaps for SMEs and
global administration. The first day saw
discussion on growth, SMEs, structural
reform and international cooperation.
During the sessions, International
Chamber of Commerce (ICC) Chair
Harold McGraw III, EUROCHAMBRES
Chair Richard Weber, Coca Cola Board
President and CEO Muhtar Kent and
Doğuş Holdings Board Chairman Ferit
Şahenk, among others, addressed
problems of the global economy and
presented their suggestions for possible
solutions. A workshop focusing women’s
place in business, pioneered by Turkey,
the Women 20 (W20) addressed the
issues facing women in developing
countries with regards to business life.
B20 Turkey Executive Council and
TOBB President M. Rifat Hisarcıklıoğlu
reported that 12 grand meetings
on 5 continents were organized in
preparation for G20, traveling 170,000
kilometers in the process. Hisarcıklıoğlu
stated that, as a result, 19 demands of
the global business community have
been compiled as the B20 Turkey Report
to be presented at the G20 Leaders
Summit.
B20 Turkey
determine the demands of the global economy