A MESSAGE TO XINJIANG
Erdoğan's first stop will be to the autonomous Xinjiang Uygur region, an area which consists primarily of Uygur Turks and infamously surfaced in the press last year. The trip is especially significant for being the first time a Prime Minister from the Turkish Republic visits the area. Erdoğan is expected to deliver the message to Uygur Turks to "Rise with China. Integrate with China while holding on to your own culture." Erdoğan's plane will first be landing in Urumqi, the capital of the Xinjiang region. Erdoğan will be meeting with the Xinjiang Governor as well as with businessmen to discuss the Turkish industrial zone planned for Urumqi. Later, the prime minister will be paying a visit to the Yang Hang Mosque.
Erdoğan's second stop in China will be to the capital Beijing. There, Prime Minister Erdoğan will be greeted by People's Republic of China Prime Minister Wen Jiabao with an official ceremony. After holding a one on one meeting with the Chinese Prime Minister and later with mutual committees, three critical agreements will be signed by Turkey and China. The first agreement to be signed by Minister of Energy Taner Yıldız will be on the peaceful use of nuclear energy. The second agreement will be signed with China's equivalent of Turkey's Electricity Generation Corporation. Once these two agreements are signed, China and Turkey will begin nuclear negotiations. The next day, Erdoğan is scheduled to meet with the nation's high level administrators. Prime Minister Erdoğan will first meet with People's Republic of China President Hu Jintao, next he meets with the head of the Chinese parliament, known as the National People's Congress, followed by a meeting with Vice President Xi Jinping.
Erdoğan's third stop will be to China's economy capital Shanghai. There, the prime minister will meet with CEO's from China's most prominent firms and is expected to call on them to invest in Turkey. Prime Minister Erdoğan will be relaying information on the strides taken in Turkey's economic development and will deliver the message, "There are serious investment opportunities and incentives for investing in our country. Turkey presents significant possibilities, come and invest and we will provide all forms of assistance."
Erdoğan's final stop will be to one of the nation's leading educational institutes, the Shanghai International Studies University, where he will share Turkey's foreign policy objectives. Erdoğan will also be conducting the opening for the university's Turkish department.
Erdoğan, who is paying his first visit to China as prime minister, will be accompanied by Foreign Affairs Minister Ahmet Davutoğlu, Minister of Economy Zafer Çağlayan and Minister of Energy Taner Yıldız.
This is a translation of an article originally written by Yahya Bostan.
Turkish Airlines won the Skytrax award for Europe's Best Airline for a third time and was also given two other awards.
English investors have not paid heed to the coverage in the international media painting a negative portrait of Turkey during the Gezi Park protests and continue to keep the country on its radar for investments.
Turkey has become the fastest growing nation for luxurious automobile brands. While luxurious brands experienced seven percent growth globally in the first five months of the year, in Turkey the rate of growth has reached the 100 percentile level.
While the English press continues to cover the Gezi Park protests to Turkey’s detriment, the British Prime Minister has praised Turkey’s ‘stability.’ David Cameron says “we admire your economy.”
With the Central Bank’s deferred interest rate cut resulting in revitalizing domestic demand, Turkey’s economy experienced three percent growth in the first quarter of the year, sealing 14 quarters of continuous growth.
The Capital Markets Board has initiated an investigation into exits from the stock exchange by speculators, in a move which followed Erdoğan’s acknowledgement of attempts by the interest rate lobby to instigate a drop in the stock exchange. Should the Capitals Market Board establish a connection between financial exists and speculators sanctions may be enforced.
Çalık Holding has released a statement refuting claims made in reports by CNBC attempting to associate the group with redevelopment plans for Taksim’s Gezi Park.
Saudi Arabian businessman Ehsaan Fareed Abduljawad has purchased two towers in the Ağaoğlu Maslak 1453 project for 200 million dollars. “We trust in Turkey’s economy,” said the billionaire.
The speculative attack on the markets came to a halt following Prime Minister Erdoğan’s statement directed at the interest-rates lobby, “We will not let you consume the great efforts of our nation.” The dollar has since dropped and the stock exchange is back on a rising trend.
During the past five days there has been a polemic concerning the boycott of the Moroccan Business Confederation (CGEM) of a meeting between Turkish and Moroccan businessmen which took place during Erdoğan’s trip to Morocco on June 3rd. While the decision had nothing to do with the on-going protests in Istanbul and other cities, the real reason is proving to be an internal conflict between the CGEM and the Moroccan government.
The ‘economic’ demands set forth by the Taksim Platform, which spoke on behalf of the Gezi Park protesters in a meeting with Deputy Prime Minister Arınç on Wednesday, have resulted in a number of question marks. The main question being, why are they opposed to projects worth 120 billion such as the third bridge and airport, hydroelectric power plants and Canal Istanbul?
Tosyalı Holding opened a 750 million dollar steel-iron factory in Algeria in a ceremony attended by Prime Minister Recep Tayyip Erdoğan. Expected to rake in an annual one billion dollar revenue, the facility will also provide one thousand jobs.
The Occupy Wall Street movement did not pose a significant financial burden in the United States, whereas the financial burden brought on in Turkey from the Gezi Park protests is exponential.
It will now be required to place health warnings on the glass portions of water pipes, regularly referred to as ‘nargile’ in Turkey.