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<p>TUSIAD PRESIDENT EROL BILECIK: “WE EXPECT THAT THE NEW ECONOMIC PROGRAM DELIVERS CONCRETE RESULTS SWIFTLY” The New Economic Program announced by the Treasury and Finance Minister Berat Albayrak contains realistic targets. In particular, we welcome increased austerity measures, the continuation of fiscal discipline, the fight against the informal economy, tax policies, support for high-value added production, and the commitment to reducing the current account deficit. We hope that the program will implemented fully and that concrete results will be achieved quickly.</p>
<p>After consultations between The Union of Chambers and Exchanges of Turkey (TOBB) and the Turkish Industry and Business Association (TÜSİAD) regarding the economic situation in Turkey, the following statement was issued: For the success of the measures and objectives of the economic program announced by the government, the business world has offered its committed support. We will overcome current financial difficulties in solidarity with our people.</p>
<p>TÜSİAD – Brookings Institution Panel on Transatlantic Relations The Brookings Institution in partnership with TÜSİAD hosted a conference on the state of transatlantic relations following U.S. President Donald Trump’s visit to Europe on Thursday, July 19th. TÜSİAD Secretary General Bahadır Kaleğası delivered opening remarks.</p>
<p>Turkey has concluded another critically important election. We congratulate Mr. Recep Tayyip Erdogan who has been reelected President and the incoming members of the Turkish Grand National Assembly. We hope that the election results will be propitious for our country. The test of a strong democracy will continue for Turkey in the 21st century. The first steps of the new parliament will set a precedent for the future. We therefore hope that that parliament will establish standards and traditions that favor participatory lawmaking, effective checks on power and compromise among political parties.</p>
<p>  The President of the Turkish Industry and Business Association (TÜSİAD) Erol Bilecik delivered remarks at the High Advisory Council meeting, which convened on Thursday, May 24 in Istanbul. The High Advisory Council is a biannual deliberative conference where the business world takes stock of domestic and global political and economic developments, and offers suggestions to policy makers from a business perspective.</p>

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The Turkish Industry and Business Association (TÜSİAD) was established in 1971 as a non-governmental, non-profit entrepreneur organization which represents a significant part of the Turkish economy. Member companies account for half of private sector national income, 85% of Turkey's total foreign trade volume (excluding energy), 50% of total private sector employment, and more than 80% of total corporate taxes. TÜSİAD promotes principles of participatory democracy, a competitive market economy, environmental sustainability, and universal freedoms and human rights. TÜSİAD is a member of the B20 coalition and BusinessEurope, with a strong international network of six representative offices around the world: Washington, D.C., Brussels, Paris, Berlin, London, and Beijing. TÜSİAD's Washington Representative Office opened in 1998, focusing on U.S. - Turkey relations within the framework of TÜSİAD's mission and values.

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