Increased USA investor interest in Turkey

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After meetings he held in Washington on the sidelines of the G-20 finance ministers’ meetings, Turkish Treasury and Finance Minister Nureddin Nebti said that American investors praised Ankara’s sukuk export program and expressed their desire to increase their investments in his country.

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A meeting of finance ministers and central bank governors of the Group of Twenty was held in Washington between April 19 and 22, during which the global economic prospects and risks were assessed, in addition to exchanging the latest developments regarding the Turkish economy and current economic policies with international financial circles, according to a previous statement of the Turkish Ministry of Finance.

Minister Nabti held several meetings in Washington on the sidelines of the meetings.

Nebti stressed that the positive reactions after the meetings indicate an increase in the flow of foreign capital to Turkey during the coming period.

As part of the visit, Vegetarian held bilateral meetings with European Central Bank President Christine Lagarde and the Finance Ministers of Italy, Singapore and the Democratic Republic of the Congo.

Vegetarian also met the President of the International Finance Corporation (IFC), the President of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP-26), the President of the European Bank for Reconstruction and Development (EBRD), the European Commissioner for Economic Affairs and the Managing Director for Operations at the World Bank.

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Vegetarian conducted 3 meetings with real sector investors and conservative investors (who do not want to take significant risks) organized by the American Chamber of Commerce “AmCham”, the Business Council for International Understanding “BCIU” and JPMorgan Bank.

And that Minister Vegetarian discussed during these meetings the global economic scene and the latest developments in the Turkish economy and investment opportunities in his country.

During the meetings, Nibti also referred to the strength of Turkey’s public financial system, the strength of the banking sector and balanced economic growth in recent years, in addition to the strong performance of exports.

He added that Turkey’s young human capital, qualified manpower, and resolute and comprehensive steps taken in the field of economy increased the country’s ability and efficiency to face regional and international difficulties.

During the meetings, the investors expressed their great confidence in Turkey’s capabilities and capabilities and their desire to increase their investments in it. They also praised the sukuk export system implemented by Ankara.

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The praises and positive reactions after the meetings that were held with investors in Washington and before that in London indicate the improvement of Turkey’s position and image among international investors and economists, and also herald that the flow of foreign capital to Turkey will increase during the coming period.

Investors and economists also noted that recent geopolitical developments have further highlighted Turkey’s role in the international arena.