UK Trade & Investment (UKTI) works with UK-based businesses to ensure their success in international marketsand encourages the best overseas companies to look to the UK as their global partner of choice.
Mavi Boncuk |
The Magnitude of Opportunity!
Turkey is the world's 15th and Europe's 6th largest economy. Turkey's GNP is expected to surpass Australia's in 2010 and it is predicted that Turkey will be one of the world's 10 largest economies by 2050. Turkey signed a Customs Union agreement with the EU in 1995 and is officially recognised as a candidate for full membership. Ongoing EU accession negotiations are the key driver for change in Turkey's business environment. Turkey is also a springboard to the markets of Central Asia & the Middle East. It is an emerging market with a population of around 72 million, 50% of which is under the age of 28. Turkey has the world’s 13th largest urban population at about 50 million. Exports of UK goods to Turkey were valued at £2.5bn in 2008.
Istanbul alone has a population of 17 million, its economy is bigger than 12 EU countries and will be the European Capital of Culture in 2010.
Turkey: More than you know - Watch UK Trade & Investment prepared video on You Tube and see Turkey in a new light!
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