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<p>TÜSİAD President Simone Kaslowski attended the EU – Turkey High Level Economic Dialogue meeting in Istanbul today with Treasury and Finance Minister Berat Albayrak and Jyrki Katainen, Vice President of the European Commission. TÜSİAD President Simone Kaslowski underlined the importance of a better functioning rules-based market economy, rule of law and robust democracy. To this end, Kaslowski reiterated that the business community actively supports Turkey’s Accession Partnership with the EU.</p>
<p>The 49th General Assembly of the Turkish Industry and Business Association (TÜSİAD) convened in Istanbul today and elected a new Board of Directors. Simone Kaslowski was elected President of TÜSİAD. Murat Özyeğin, Mehmet Tara and Bahadır Balkır were elected Vice Presidents. Tuncay Özilhan has been re-elected President of the High Advisory Council of TÜSİAD.</p>
<p>The President of the Turkish Industry and Business Association (TÜSİAD) Erol Bilecik delivered opening remarks at the High Advisory Council meeting, which convened this morning in Ankara. 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. The Minister of Education was also in attendance.</p>
<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>

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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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