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TUSIAD Turkey Letter: 7 May 2013

THIS WEEK:
FOREIGN POLICY
• Israel and Turkey in talks over deadly flotilla raid
ECONOMY / ENERGY
• Turkey, Japan sign deal for Sinop nuclear plant
• Turkey-South Korea free trade deal in effect; call for FTA with Japan
• Turkey to start clean slate with IMF
DOMESTIC POLITICS
• Kurdish rebels confirm they will start retreat from Turkey to Iraq on Wednesday
TUSIAD HIGHLIGHTS
• Seminar on TTIP and its impacts on the Turkish economy 

FOREIGN POLICY

Israel and Turkey in talks over deadly flotilla raid

Turkish and Israeli officials met in Jerusalem on May 6 for a second round of talks over compensation for the Israel’s deadly 2010 raid on a Gaza-bound flotilla. The Turkish delegation, led by the Undersecretary of the Ministry of Foreign Affairs, Feridun Sinirlioğlu, was the highest-level diplomatic mission to visit Israel since relations were frozen. The Israeli negotiating team is being led by National Security Adviser Yaakov Amidror and special liaison for Turkish reconciliation Joseph Ciechanover.
~~~
AFP, 6 May 2013, Turkey, Israel hold fresh flotilla compensation talks
New York Times, 7 May 2013, Israel and Turkey in talks over deadly flotilla raid

ECONOMY / ENERGY

Turkey, Japan sign deal for Sinop nuclear plant

Turkish Prime Minister Recep Tayyip Erdoğan and his Japanese counterpart, Shinzo Abe, signed a $22 billion deal on Turkey’s second nuclear plant project on May 3 in the Black Sea province of Sinop. The project will be led by Japan’s Mitsubishi Heavy Industries Ltd. and France’s Areva SA.

“This is a very important deal. With this second nuclear plant, we have also taken the first step toward a third one, which is a lot to us,” Erdoğan told reporters after a signing ceremony with Abe. Erdoğan also emphasized Japan’s safety know-how and experience against earthquakes.

Turkish Energy Minister Taner Yıldız said that with the nuclear plants, Turkey “will end imports of 7.2 billion dollars worth of natural gas.”
~~~
Wall Street Journal, 2 May 2013, Japan gains nuclear deal for project In Turkey
Hurriyet Daily News, 3 May 2013, Turkey, Japan sign $22 bln deal for Sinop nuclear plant
Anadolu Agency, 6 May 2013, Nuclear plants to help Turkey save $7.2 bln in gas imports

Turkey-South Korea free trade deal in effect; call for FTA with Japan

The free trade agreement between South Korea and Turkey took effect as of May 1.

Meanwhile, during a Turkey-Japan Business Council Joint Meeting, Turkish Minister of Economy Zafer Çağlayan called for negotiations between Turkey and Japan on a free trade agreement to start immediately.
~~~
Anadolu Agency, 1 May 2013, Turkey-South Korea free trade deal in effect
Anadolu Agency, 3 May 2013, Call for FTA with Japan

Turkey to start clean slate with IMF

Turkish Treasury will repay the last slice of its loans to the International Monetary Fund on May 14 and will loan the Fund $5 billion, making Turkey the 23rd biggest lender in the institution.
~~~
Anadolu Agency, 4 May 2013, Turkey to start clean slate with IMF

DOMESTIC POLITICS

Kurdish rebels confirm they will start retreat from Turkey to Iraq on Wednesday

Kurdish rebels reaffirmed on May 7 that they will start withdrawing guerrilla fighters from Turkey to bases in northern Iraq this week. A statement, carried by the pro-Kurdish Firat News agency confirmed that “a first group” of fighters will leave Turkey on Wednesday and be settled in bases in northern Iraq within a week.
~~~
Washington Post, 7 May 2013, Kurdish rebels confirm they will start retreat from Turkey to Iraq on Wednesday

TUSIAD HIGHLIGHTS

Seminar on TTIP and its impacts on the Turkish economy

TUSIAD organized a seminar on the “Transatlantic Trade and Investment Partnership (TTIP) and Its Impacts on Turkish Economy” in Istanbul on May 6. Deputy Undersecretary of the Ministry of Economy Cemalettin Damlacı and TUSIAD Secretary General Zafer Ali Yavan gave opening remarks.

You can find the relevant documents by following these links: Presentations; Photos; Agenda (Turkish)

 

 

These news items are compiled by TUSIAD Washington Representative Office (TUSIAD-US) from major news publications. They do not necessarily reflect the views or positions of TUSIAD. To subscribe or unsubscribe from this electronic publication, please send an e-mail to [email protected] These materials may be reproduced and/or distributed, in whole or in part, provided that its source is properly indicated as “TUSIAD-US Web site: www.tusiad.us