2101 L Street, NW Suite 800 Washington, DC

+1 (202) 776-7770 [email protected]

Turkey Letter: 5 July 2016

Foreign Policy

  • Turkey Says Airport Bombers Were From Kyrgyzstan, Russia and Uzbekistan
  • Obama Calls Turkey’s Erdogan After Airport Attack
  • Turkey Begins New Area of EU Membership Talks
  • Gaza receives first Turkish aid shipment after Israel-Turkey deal
  • Putin Ends Russian Tourism Ban to Turkey After Erdogan Talks
  • Turkey Signals Cooperation With Russia Against Islamic State
  • Germany, Turkey at odds over Incirlik base visits
  • S. Judge Tosses Suit Against Turkish Imam Fethullah Gulen

Economy & Energy

  • Airport Attack Hits Turkey Tourism Industry When It’s Down
  • Turkey Consumer Inflation Climbs More Than Estimates on Food
  • Gold Exports to U.K. Heals Turkey Trade Deficit in May
  • Turkish government vows to lure more foreign investment
  • Turkish Bond Rally Beats European Peers in Quarter of Rate Cuts
  • Turkcell Plans Overseas Expansion to Beat Slowing Sales in Turkey

Domestic Politics

  • Turkish business world condemns terror attack at Istanbul airport
  • Seventeen suspects to appear in court over Istanbul airport bombing
  • CHP appeal on controversial judicial law rejected
  • Court releases Turkish journalist arrested on ‘editor-in-chief on duty’ campaign

Foreign Policy

Turkey Says Airport Bombers Were From Kyrgyzstan, Russia and Uzbekistan

The three suicide bombers who killed 44 people at Istanbul’s main international airport this week have been identified as citizens of Russia, Uzbekistan and Kyrgyzstan, Turkish officials said Thursday.

New York Times, Turkey Says Airport Bombers Were From Kyrgyzstan, Russia and Uzbekistan, June 30, 2016


Obama Calls Turkey’s Erdogan After Airport Attack

In the wake of the attack in Istanbul, President Barack Obama said Wednesday that the U.S. and its allies wouldn’t rest until terrorist networks had been dismantled across the globe.

Wall Street Journal, Obama Calls Turkey’s Erdogan After Airport Attack, June 29, 2016


Turkey Begins New Area of EU Membership Talks

Turkey opened a new area of membership talks with the European Union on Thursday, but bloc officials made clear there was no prospect of further advancement to Ankara’s bid in the coming months.

Wall Street Journal, Turkey Begins New Area of EU Membership Talks, June 30, 2016


Gaza receives first Turkish aid shipment after Israel-Turkey deal

Turkish aid shipments arrived in the Gaza Strip via Israel on Monday, a week after Israel and Turkey announced they would end a six-year rupture and normalize ties.

Reuters, Gaza receives first Turkish aid shipment after Israel-Turkey deal, July 5, 2016


Putin Ends Russian Tourism Ban to Turkey After Erdogan Talks

President Vladimir Putin said Russia is lifting a ban on tourism to Turkey after his first talks with Turkish counterpart Recep Tayyip Erdogan since the downing of a Russian warplane plunged relations into crisis.

Bloomberg, Putin Ends Russian Tourism Ban to Turkey After Erdogan Talks, June 29, 2016


Turkey Signals Cooperation With Russia Against Islamic State

Turkey may cooperate with Russia in fighting Islamic State, Foreign Minister Mevlut Cavusoglu said Monday, just days after the countries agreed to work to repair strained ties.

Bloomberg, Turkey Signals Cooperation With Russia Against Islamic State, July 4, 2016


Germany, Turkey at odds over Incirlik base visits

Germany is pressing Turkey to allow German lawmakers to visit 250 German soldiers stationed at Incirlik air base in southern Turkey, Defence Minister Ursula von der Leyen said on Friday, after meeting her Turkish counterpart.

Reuters, Germany, Turkey at odds over Incirlik base visits, July 1, 2016


U.S. Judge Tosses Suit Against Turkish Imam Fethullah Gulen

A U.S. judge has dismissed a lawsuit brought on behalf of the Turkish government against an Islamic preacher in Pennsylvania, saying the case didn’t belong in U.S. courts.

Wall Street Journal, U.S. Judge Tosses Suit Against Turkish Imam Fethullah Gulen, June 30, 2016


Economy & Energy

Airport Attack Hits Turkey Tourism Industry When It’s Down

The worst may not be over for Turkey’s troubled tourism industry. The deadly bombings that struck late on Tuesday could derail improvements that had been expected to follow President Recep Tayyip Erdogan’s efforts to mend relations with Russia and Israel. At least 41 people died and more than 200 were wounded.

Bloomberg, Airport Attack Hits Turkey Tourism Industry When It’s Down, June 29, 2016


Turkey Consumer Inflation Climbs More Than Estimates on Food

Turkey’s consumer price inflation climbed more than estimated in June, led by a surge in food prices. The annual inflation rate was 7.64 percent last month compared with 6.58 percent in May, Turkey’s state statistics institute said Monday. The median estimate in a Bloomberg survey of economists forecast the rate to rise to 6.94 percent. Food prices rose an annual 6.63 percent through June, compared with 2.47 percent in May.

Bloomberg, Turkey Consumer Inflation Climbs More Than Estimates on Food, July 4, 2016


Gold Exports to U.K. Heals Turkey Trade Deficit in May

Turkish gold shipments surged more than 10-fold in May from a year earlier, led by a big jump in sales to the U.K., helping to patch the gap in Turkey’s foreign trade.

Bloomberg, Gold Exports to U.K. Heals Turkey Trade Deficit in May, June 30, 2016


Turkish government vows to lure more foreign investment

Prime Minister Binali Yıldırım announced the details of a planned economic package to lure more foreign capital and improve Turkey’s investment climate in a speech on July 4. “We are talking about a comprehensive economic package which touches each part of society and eases life for investors,” he said, noting that the package being prepared includes radical reforms in a bid to lure more investments.

Hurriyet Daily News, Turkish government vows to lure more foreign investment, July 4, 2016


Turkish Bond Rally Beats European Peers in Quarter of Rate Cuts

Turkey’s sovereign bonds gained for a third quarter as the central bank cut borrowing costs and turmoil after the U.K. voted to leave the European Union left traders betting tighter U.S. policy now lies far in the future.

Bloomberg, Turkish Bond Rally Beats European Peers in Quarter of Rate Cuts, June 30, 2016


Turkcell Plans Overseas Expansion to Beat Slowing Sales in Turkey

Turkey’s biggest mobile phone operator, Turkcell, plans an ambitious global buying spree to offset slowing growth in its home Turkish market. The Istanbul-based company, formally known as Turkcell Iletisim Hizmetleri AS, aims to boost revenues by expanding along an arc encompassing North Africa, Eastern Europe, the Middle East and Central Asia, Chief Executive Kaan Terzioglu said in an interview.

Wall Street Journal, Turkcell Plans Overseas Expansion to Beat Slowing Sales in Turkey, June 30, 2016


Domestic Politics

Turkish business world condemns terror attack at Istanbul airport

Turkey’s business world has condemned and expressed sorrow over the deadly suicide attack at Istanbul’s Atatürk Airport late on June 28. The Turkish Business and Industry Association (TÜSİAD) condemned the attack, calling it “treacherous.” “Like all inhumane attacks we have sadly witnessed in recent days, this attack also targeted the peace of our country, the international community and the order of a democratic and open society,” TÜSİAD said in a statement.

Hurriyet Daily News, Turkish business world condemns terror attack at Istanbul airport, June 29, 2016


Seventeen suspects to appear in court over Istanbul airport bombing

Seventeen suspects were due to appear in a Turkish court on Monday, state media said, in connection with last week’s suicide bombing attack on Istanbul’s main airport that killed 45 people and wounded hundreds.

Reuters, Seventeen suspects to appear in court over Istanbul airport bombing, July 4, 2016


CHP appeal on controversial judicial law rejected

Turkey’s high court has rejected an appeal by the main opposition Republican People’s Party’s (CHP) for the annulment of a controversial law overhauling the structure of supreme judicial bodies, on the grounds that the bill has not been published in the Official Gazette to enter into force.

Hurriyet Daily News, CHP appeal on controversial judicial law rejected, July 4, 2016


Court releases Turkish journalist arrested on ‘editor-in-chief on duty’ campaign

An Istanbul court ordered the release of a journalist on July 1 who was arrested on charges of “making terror propaganda” after supporting a solidarity campaign with daily Özgür Gündem, a day after two of his colleagues on the campaign were released.

Hurriyet Daily News, Court releases Turkish journalist arrested on ‘editor-in-chief on duty’ campaign, July 1, 2016