Auto companies from 27 countries join TUSKON summit


Date posted: May 20, 2014

ISTANBUL
Representatives of automotive manufacturing companies from 27 countries were in the city of Konya on Tuesday to participate in a trade and investment summit organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON).

As part of its Turkey-World Trade Bridge series, large-scale trade and investment summits organized by TUSKON since 2006, the confederation brought together 170 automotive firm representatives from around the globe to discuss opportunities for investment with 150 Turkish counterparts in Konya on Tuesday.

The 27 countries attending the TUSKON summit import a total of $80 billion per year — making them a lucrative market for the Turkish auto supply manufacturing sector, which sells 73 percent of its production to overseas markets. Pointing to this fact, TUSKON Deputy Chairman Ahmet Coşkun said in his opening remarks on Tuesday at the Konya summit that the confederation expected the meeting to pave the way for long-term investment and trade agreements between Turkish and foreign companies.

Emphasizing that the Turkish automotive supply industry has improved its standards and its production quality considerably over the past decade, Coşkun told Tuesday’s audience that the country’s automotive sector — auto manufacturing and the auto supply industry combined — exported goods worth $21 billion in 2013, 16 percent of total Turkish exports that year. This makes Turkey the world’s 16th largest motor vehicle manufacturer, Coşkun said, adding there are more than 1,000 Turkish auto supply manufacturers and 400 of them have strong export performance.

The Turkish auto supply industry exported products worth $9 billion in 2013 and 69 percent of that went to EU countries. The target markets represented at Tuesday’s summit were mostly emerging countries, a sign of TUSKON’s efforts to diversify the supply industry’s export markets, Coşkun added.

Source: Todays Zaman , May 20, 2014


Related News

Khamenei representative says will not set foot in paradise if Gülen is there

A representative of the Iranian mullah regime has voiced his dislike of Turkish Islamic scholar Fethullah Gülen, saying that he will not even enter paradise if Gülen is there.

Gülen files criminal complaint over smear campaign

Gülen’s lawyer Nurallah Albayrak said Yusuf Ünal crossed beyond freedom of speech by launching defamation campaign against the Turkish Islamic scholar, attacking his personality.

Gülen calls on followers to adapt to PM’s teaching center closures

“If they close your homes, you should open dorms. If they close your dorms, you will open new homes. If they close your schools, you will respond by opening a university. And when they close your university, you should open ten schools. You should never stop marching,” Gülen said in a video that was posted at Herkül.org, a website close to the movement.

A New Report In Sweden Reveals Erdoğan Orchestrated July 15 Coup In Turkey

Last year’s failed coup attempt in Turkey is nothing but a false flag orchestrated by Turkey’s autocratic President Recep Tayip Erdoğan and his henchmen to create a pretext for a mass persecution of critics and opponents in a state of perpetual emergency, a new detailed study titled ‘July 15: Erdoğan’s Coup’ by Stockholm Center for Freedom (SCF) concluded.

Kazakh leader heads to Turkey to explain decision over Gulen schools

The official announcement did not provide any details about the visit, but Nazarbayev is expected to smooth over any disagreements between the two Turkic countries following the failed coup. The Kazakh-Turkish schools employ 1,124 teachers, of whom 1,030 are Kazakh citizens (91.7%) and 94 are Turkish citizens (8.3%).” Kazakhstan also has the Suleyman Demirel University, opened in Almaty in 1996.

EU stresses right to freedom of expression in wake of media investigations [in Turkey]

The European Union has underlined that public authorities should not interfere with freedom of expression in the media, against the background of Turkish government pressure on the media through criminal and civil lawsuits. “The right to freedom of expression includes the freedom to receive and impart information and ideas without the interference of public authorities,” Peter Stano, spokesperson for EU Enlargement Commissioner Stefan Füle, said to the Cihan news agency.

Latest News

Fethullah Gülen’s Condolence Message for South African Human Rights Defender Archbishop Desmond Tutu

Hizmet Movement Declares Core Values with Unified Voice

Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say

Erdogan possessed by Pharaoh, Herod, Hitler spirits?

Devious Use of International Organizations to Persecute Dissidents Abroad: The Erdogan Case

A “Controlled Coup”: Erdogan’s Contribution to the Autocrats’ Playbook

Why is Turkey’s Erdogan persecuting the Gulen movement?

Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis

University refuses admission to woman jailed over Gülen links

In Case You Missed It

Who are these pro-Erdogan mobs who even beheaded a soldier?

Division at home, cooperation abroad

Former Turkish President Gül denies having any relationship with the Gülen movement or Fethullah Gülen but history tells…

Ex-AK Party delegate slams persecution of Hizmet movement

Defending Hizmet

GYV organized peace conference at United Nation

Book Review: Faith, Theology and Service in Peacebuilding

Copyright 2023 Hizmet News