Doing Business In Turkey

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News 32

Hot Turkey

With everything else going on over recent weeks, one story went by almost unnoticed. There was a British trade mission, not to the United States or China, but rather to Turkey.

For some private investors, the attractions of this gateway economy virtually on our doorsteps are clear. But in surveying the state of the global economy, in my view, rarely has there been a more compelling case for Turkey in balanced portfolios. And rarely has accessing this country been easier.

Last month's trade mission was one promoting medium-sized British companies. And while government struggles to persuade the titans of the emerging world - China and India in particular - to boost domestic consumption and increase imports from the UK, trade with Turkey since the credit crunch has increased by more than a third.

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