Doing Business In Turkey

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HM Ambassador to Turkey Foreword

Embassy Banner Turkey

David Reddaway
The British Ambassador to Turkey,
David Reddaway

The UK's relationship with Turkey has never been better or stronger than it is now.

In July 2010, British Prime Minister David Cameron visited Ankara only weeks after taking office.  He and Turkish Prime Minister Erdogan signed a new UK-Turkey Strategic Partnership, which sets out our shared ambition to deepen co-operation across the full range of our interests, including trade, foreign policy,  defence, security, and energy policy.  David Cameron also reaffirmed the UK's continuing strong support for Turkey's membership of the European Union.

Nowhere is the level of ambition higher than in the bilateral business relationship. Our Prime Minister has set a goal of doubling trade by 2015 and British and Turkish businesses are rising to that challenge. Last year saw UK exports of goods to Turkey rise by 38%, and Turkish exports to the UK by 22%.  Turkey is the UK's second largest export market in Europe after Germany.  Over 2,000 British businesses are investing and doing business in Turkey, including BAE Systems, BP, Diageo, HSBC, International Power, Mott MacDonald, Rolls-Royce, Tesco, and Vodafone.

Already the fastest growing economy in Europe, Turkey is set to be the second fastest growing economy in the world by 2017. Turkey's population is young, well-educated, dynamic and quality-conscious, offering both a vibrant consumer market and a talented and committed workforce.

So this is a good time to be looking for business in Turkey, and the market offers more than just direct trade and investment opportunities.  It is also well placed for partnerships and joint ventures for long-term product and service development for onward sale and distribution into a range of third markets.

I look forward to seeing more British companies discover and engage in the Turkish market.  The UK Trade & Investment teams in the British Embassy in Ankara, the Consulate-General in Istanbul, and the Consulate in Izmir are ready to work with you to make your business ventures in  Turkey  successful and profitable.  Please get in touch with us if you haven't already done so.  We are here to help.

The British Ambassador to Turkey,
David Reddaway


Strategic Partners