Rifat Hisarc

"The immigration deal is very important for the European Union and relations with Turkey; actually it has the highest importance now," said European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici during an interview on April 25 in Istanbul. "We want to revitalize relations with Turkey in every field, including [the] economy.

Leading business organizations from across Turkey have condemned the suicide car bomb attack in Ankara on March 13 which left at least 37 dead and 125 wounded, while also urging for unity in the face of terror and sharing their sorrow and condolences. 

Turkey's business world expressed sorrow over the Feb. 17 bomb attack targeting shuttles carrying military personnel in Ankara killed at least 28 people and wounded 61. 

The first steps have been taken to establish an investment fund that will develop financing for Turkish small and medium scaled enterprises' (SMEs) innovative initiatives on Feb. 15, during a joint meeting with the World Bank in Ankara. 

A team from the Union of Chambers and Commodity Exchanges of Turkey (TOBB) has spoken about a $5-billion Turkish plan prepared by the Center for Multilateral Trade Studies at the Economic Policy Research Foundation of Turkey (TEPAV) to rebuild Gaza City, after a series of meetings with officials from both Israel and Palestine. 

Turkish small- and medium-sized enterprises (SMEs) will lose over 60 percent of their profits unless the state shares the burden from the expected raise in the minimum wage, the head of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) said in an exclusive interview with daily Hürriyet. 

The Union of Chambers and Commodity Exchanges of Turkey (TOBB) has expressed optimism over the new government's economic action plan, with its board members visiting Prime Minister Ahmet Davuto?lu after the announcement of the plan on Dec. 10. 

A number of business leaders underlined the importance of a well-functioning judicial system and urged for a robust reform agenda to maintain confidence in Turkey's economy, during a conference in Istanbul on Nov. 21. 

Rifat Hisarc?kl??olu, the head of Turkey's largest trade organization, has traveled to Egypt to attend the Islamic Chamber of Commerce, Industry & Agriculture (ICCIA) meetings at a time when relations between the two countries are interrupted due to political problems.

Turkey's umbrella business organization, the Union of Chambers of Stock Exchanges (TOBB), and other top business groups have urged the country's to-be-formed government to focus on the economy in the upcoming period.