Ali Babacan
Ali Babacan
Ali Babacanis a Turkish politician. He is member of the parliament and former Deputy Prime Minister of Turkey responsible for the Economy. He fırst served as the Minister of State in charge of economic affairs in the 58th cabinet from the Justice and Development Party. He retained this position throughout the 58th and 59th Governments of the Republic of Turkey. On August 29, 2007, he was appointed as the Minister of Foreign Affairs of the 60th Government of the Republic...
NationalityTurkish
ProfessionPolitician
Date of Birth4 April 1967
CountryTurkey
When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market.
The fast fish, not the big fish, eats the small fish.
Whatever the scenario, the dynamism of developing nations, their demographics and competitive power are great sources for superiority.
Greece is not an easy country to do business in.
Turkey is going through an incredible economic, political and social transformation. What is most important is that Turkey has been the owner of this transformation. Ownership has been the key to success.
Islam and democracy can function together.
Turkeys energy bill due to imports will fall with the increase in use of renewable energy sources. We have no control over the prices of petroleum and natural gas.
The E.U. initially decided to end the isolation of Turkish Cyprus, to balance the accession of Cyprus. But the E.U. has not carried through on its promise.
Turkey is widely envied while there are very serious troubles in the world economy.
Turkey's economy is powerful enough to tackle tough times.
Population is a strong driver of the economy as well as the quality of the labor force.
the more the participation is, the sooner we will accomplish this project.
Approval process of the Customs Union Additional Protocol in the Turkish parliament is totally under the discretion of Turkey. Necessary steps will be taken when time comes,
The E.U. initially decided to end the isolation of Turkish Cyprus, to balance the accession of Cyprus. But the E.U. has not carried through on its promise.