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TUSIAD Turkey Letter: November 10, 2014

Foreign Policy

  • Turkey’s opening air bases for anti-ISIL coalition would be beneficial: US commander
  • Turkish Navy authorized over oil crisis with Greek Cyprus
  • EU Minister regrets neglect of European public opinion

Economy and Energy

  • Turkish government announces ambitious economic goals
  • Turkmenistan inks deal with Turkey to supply gas to TANAP pipeline
  • Turkey’s credit rating remains at risk of cut, says Moody’s

Domestic Politics

  • Turkish government resentful, says PKK undermining the process
  • Turkish labor minister blames system for mine deaths

Foreign Policy

Turkey’s opening air bases for anti-ISIL coalition would be beneficial: US commander
The U.S.-led coalition fighting against Islamic jihadists in Iraq and Syria would benefit from Turkey’s permission to use its airbases, a U.S. commander has said.
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Hurriyet Daily News, November 7, 2014, Turkey’s opening air bases for anti-ISIL coalition would be beneficial: US commander

Turkish Navy authorized over oil crisis with Greek Cyprus
The Turkish Navy has been authorized by the government for the full implementation of recently amended rules of engagement in the eastern Mediterranean in the face of growing tension between littoral countries, including Turkey, Greek Cyprus, Egypt and Israel over oil and natural gas drilling projects.
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Hurriyet Daily News, November 10, 2014, Turkish Navy authorized over oil crisis with Greek Cyprus

EU Minister regrets neglect of European public opinion
Turkey’s EU Minister Volkan Bozkır has admitted failures in “correcting misperceptions” in European countries about Turkey, but vowed that the government would continue to strive to boost Turkey’s image and increase the amount of high-level visits to Brussels.
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Hurriyet Daily News, November 7, 2014, EU Minister regrets neglect of European public opinion

 

Economy and Energy

Turkish government announces ambitious economic goals
The Turkish government has announced the first nine programs of a detailed economic transformation plan that is aimed at reaching ambitious economic goals and boosting the economy.
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Hurriyet Daily News, November 6, 2014, Turkish government announces ambitious economic goals

Turkmenistan inks deal with Turkey to supply gas to TANAP pipeline
Turkmenistan has signed an outline deal with Turkey to supply gas to a new pipeline that could help Europe reduce its dependence on Russian gas imports.   The two countries struck a so-called framework agreement on Oct. 7 for Turkmenistan, which is keen to diversify exports of its gas to world markets, to supply gas to the proposed Trans-Anatolian natural gas pipeline project (TANAP).
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Hurriyet Daily News, November 7, 2014, Turkmenistan inks deal with Turkey to supply gas to TANAP pipeline

Turkey’s credit rating remains at risk of cut, says Moody’s
Rating agency Moody’s said Nov. 5 that Turkey’s sovereign credit rating was unlikely to be upgraded soon and remained at risk of a cut.  Moody’s currently assigns Turkey its lowest investment grade rating, Baa3, with a negative outlook.
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Hurriyet Daily News, November 5, 2014, Turkey’s credit rating remains at risk of cut, says Moody’s

 

Domestic Politics

Turkish government resentful, says PKK undermining the process
The government has said actions by the outlawed Kurdistan Workers’ Party (PKK) against public order, including extorting, kidnapping and interception, made the peace process “fragile” even before last month’s deadly street violence that left around 35 people dead.
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Hurriyet Daily News, November 10, 2014, Turkish government resentful, says PKK undermining the process

Turkish labor minister blames system for mine deaths
Labor Minister Faruk Çelik has admitted that there are systemic flaws in Turkey’s mining sector, as his government continues to be criticized for mistakes leading to yet another mine tragedy that left 18 workers missing in the Central Anatolian province of Karaman.
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Hurriyet Daily News, November 6, 2014, Turkish labor minister blames system for mine deaths