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Made in Turkey Aralık 2017

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EconomicNewspaper<br />

4 Please mention<br />

“<strong>Made</strong> <strong>in</strong> <strong>Turkey</strong>” when writ<strong>in</strong>g to advertisers<br />

Monthly Economic Newspaper<br />

ww.img.com.tr<br />

December<br />

<strong>2017</strong><br />

Turkish President<br />

Recep Tayyip<br />

Erdoğan: <strong>Turkey</strong><br />

urges for trade <strong>in</strong><br />

local currencies<br />

with<strong>in</strong> D-8<br />

The Summit envisages possible<br />

cooperation <strong>in</strong> the fields of<br />

transportation, trade, <strong>in</strong>vestment,<br />

energy, <strong>in</strong>dustry, small and mediumsized<br />

enterprises, agriculture, food<br />

security, tourism, science, education<br />

and establishment of data banks.<br />

11.Uluslararası<br />

Günes Enerjisi ve Teknolojileri Fuarı<br />

.<br />

Günes . Enerjisi‘n<strong>in</strong> Devleri Solarex Istanbul‘da Bulusuyor .<br />

Ziyaret Saatleri<br />

10:00-19:00<br />

05-07 Nisan 2018<br />

İstanbul Fuar Merkezi / Yeşilköy<br />

9-10-11-12. Hall<br />

Ücretsiz Davetiye iç<strong>in</strong>/Free Invitation<br />

www.solarexistanbul.com<br />

0212 604 50 50<br />

BU FUAR 5174 SAYILI KANUN GEREĞİNCE TOBB (TÜRKİYE ODALAR VE<br />

www.solarexistanbul.com<br />

BORSALAR BİRLİĞİ) DENETİMİNDE DÜZENLENMEKTEDİR.<br />

<strong>in</strong>fo@solarexistanbul.com<br />

ISTANBUL-<strong>Turkey</strong> urges<br />

for trade with<strong>in</strong> the Develop<strong>in</strong>g-Eight<br />

(D8) group of<br />

countries <strong>in</strong> local currencies,<br />

President Recep Tayyip Erdoğan<br />

po<strong>in</strong>ted out at the D-8<br />

Summit <strong>in</strong> Istanbul.<br />

“If we can utitilize from our<br />

national currencies <strong>in</strong> trade<br />

between our countries, we<br />

will make a revolution <strong>in</strong> the<br />

history of the D-8. We dont<br />

have to dissolve our economies<br />

under the pressure of exchange<br />

rates,” Erdoğan said, stress<strong>in</strong>g<br />

the significance of boost<strong>in</strong>g<br />

economic steps with<strong>in</strong> the<br />

organization.<br />

The D-8 was founded <strong>in</strong><br />

1997 as a primarily economic<br />

alliance between eight mostly<br />

Muslim-majority countries.<br />

Along with <strong>Turkey</strong>, the other<br />

members are Bangladesh,<br />

Egypt, Indonesia, Iran, Malaysia,<br />

Nigeria and Pakistan.<br />

<strong>Turkey</strong> has hosted the<br />

summit this year, after tak<strong>in</strong>g<br />

over term leadership of<br />

the D-8 from Pakistan. The<br />

event, mark<strong>in</strong>g 20 years of the<br />

eight-country alliance was held<br />

under the theme “Expand<strong>in</strong>g<br />

Opportunities through Cooperation.”<br />

Among the participants are<br />

the Nigerian President Muhammadu<br />

Buhari, Azerbaijani<br />

President Ilham Aliyev, Pakistani<br />

Prime M<strong>in</strong>ister Shahid<br />

Khaqan Abbasi, Iranian First<br />

Vice President Eshaq Jahangiri<br />

and Indonesian Vice President<br />

Jusuf Kalla.<br />

Erdoğan also urged member<br />

states to br<strong>in</strong>g together their<br />

central banks to establish a<br />

clear<strong>in</strong>g house. “We all have<br />

to embrace the D-8 and make<br />

efforts to <strong>in</strong>crease its efficiency,<br />

productivity and strength,”<br />

he said.<br />

“We have the potential for<br />

wide-rang<strong>in</strong>g cooperation <strong>in</strong><br />

many fields, from good agricultural<br />

practices to clean energy,<br />

transportation to environment<br />

and education,” he said, while<br />

add<strong>in</strong>g that new members<br />

could be added to the organization.<br />

“In a world where<br />

everyth<strong>in</strong>g changes, it is never<br />

acceptable for the D-8 to<br />

rema<strong>in</strong> unchanged,” Erdoğan<br />

said.<br />

At present, the organization<br />

has a comb<strong>in</strong>ed GDP of $3.7<br />

trillion and <strong>in</strong>cludes more than<br />

one billion people - around 15<br />

percent of the world’s population.<br />

Two of its members<br />

- <strong>Turkey</strong> and Indonesia - are<br />

among the group of the world’s<br />

20 biggest economies.<br />

The Islamic Development<br />

Bank announced that it signed<br />

a memorandum of understand<strong>in</strong>g<br />

with the D-8 organization<br />

to enhance development efforts<br />

as well as jo<strong>in</strong>t expertise,<br />

knowledge and resources for<br />

the socio-economic development<br />

of the eight develop<strong>in</strong>g<br />

countries.<br />

The “Islamic Development<br />

Bank Group will work with the<br />

Develop<strong>in</strong>g-8 Organization<br />

for Economic Cooperation to<br />

<strong>in</strong>itiate susta<strong>in</strong>ed economic<br />

growth <strong>in</strong> the member states<br />

of the D-8,” the bank said <strong>in</strong> a<br />

written statement.<br />

Signed dur<strong>in</strong>g the D-8 Summit<br />

<strong>in</strong> Istanbul, the agreement<br />

foresees possible cooperation<br />

<strong>in</strong> the identification and implementation<br />

of jo<strong>in</strong>t programs<br />

and projects <strong>in</strong> the fields of<br />

transportation, trade, <strong>in</strong>vestment,<br />

energy, <strong>in</strong>dustry, small<br />

and medium-sized enterprises,<br />

agriculture, food security, tourism,<br />

science, education and<br />

establishment of data banks.<br />

It also underl<strong>in</strong>es the need<br />

for the exchange of knowledge<br />

and <strong>in</strong>formation on commercial<br />

issues. The Islamic Development<br />

Bank will also consider<br />

the allocation of scholarships<br />

for students from D-8 states.

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