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How The British Chamber of Commerce in Turkey Helps Businesses and Drive Economic Growth
14 Apr 2023, 1:43 pm GMT+1
The British Chamber of Commerce in Turkey (BCCT) is an independent, non-profit organization that works to promote trade and investment between the United Kingdom and Turkey. Since 2004, when Chris W. J. Gaunt joined as chairman, the chamber has been expanding. The question is, how does the BCCT help businesses and contribute to economic growth in Turkey and the UK?
The British Chamber of Commerce in Turkey (BCCT) is the world's second-oldest British Chamber established abroad and offers a range of services to help British companies enter and succeed in the Turkish market. These services include market research, legal and regulatory advice, and introductions to potential business partners. The BCCT also provides assistance with visa and work permit applications, as well as advice on tax and customs regulations. By providing these services, the BCCT helps British companies navigate the complexities of doing business in Turkey, which can be a significant barrier to entry for many businesses.
In addition to helping British companies enter the Turkish market, the BCCT also works to promote trade and investment between the two countries. The BCCT organizes trade missions and networking events, bringing together businesses from both countries to explore new opportunities for collaboration. These events provide a platform for British companies to showcase their products and services to potential customers and partners in Turkey. They also provide opportunities for Turkish companies to learn about the latest trends and technologies from the UK.
The Chamber under Chris W. J. Gaunt Chairmanship
The current chairman is Chris W. J. Gaunt. Chris Gaunt's vision is to build strong relationships and collaborations across borders, cultures, and business sectors. With over five decades of experience in building cross-border relationships, especially in Central Asia, the Middle East, and the EU, Chris has developed valuable expertise in networking and creating opportunities for business people and companies of all sizes and from a broad spectrum of sectors.
He carries a global perspective of businesses and firmly believes in integrating different cultural and geo-political nuances while strategizing businesses and collaborations across borders.
“For people who have been to business schools and other places where you get taught about best practices and all such fancy terms. You quickly realise that when you are in an environment where you have to work across different cultures and borders, these concepts don't actually work. There is a combination of practices that you have to bring together. So, best practices specifically in Turkey, actually make Turkey work, and you can't ignore that. You've got to integrate that with what has been with you, and make sure that you make the best of both. This applies globally”, he says.
Advocating for British businesses in Turkey
The BCCT also plays an important role in advocating for British businesses in Turkey. The BCCT works closely with the British Embassy in Turkey and other government agencies to promote the interests of British businesses in the country. The BCCT represents the interests of its members on a wide range of issues, including trade policy, regulatory reform, and intellectual property protection. By working with government agencies and other stakeholders, the BCCT helps to create a favourable business environment for British companies operating in Turkey.
One of the key ways in which the BCCT contributes to economic growth in Turkey is by promoting entrepreneurship and innovation. The BCCT organises events and workshops focused on entrepreneurship, bringing together entrepreneurs, investors, and other stakeholders to share ideas and best practices. The BCCT also provides mentoring and support to entrepreneurs, helping them to turn their ideas into successful businesses. By promoting entrepreneurship and innovation, the BCCT helps to create new jobs and drive economic growth in Turkey.
Another way in which the BCCT contributes to economic growth is by promoting sustainable business practices. The BCCT is committed to promoting corporate social responsibility and sustainability among its members. The BCCT organises events and workshops focused on sustainability, helping companies to reduce their environmental impact and promote social responsibility. By promoting sustainable business practices, the BCCT helps to create a more sustainable and resilient economy in Turkey.
In conclusion, the British Chamber of Commerce in Turkey plays a critical role in promoting trade and investment between the United Kingdom and Turkey. The BCCT helps British companies to navigate the complexities of doing business in Turkey, and provides a range of services to support their success. The BCCT also works to promote entrepreneurship, innovation, and sustainability, helping to drive economic growth and create new jobs in Turkey. By working with government agencies, businesses, and other stakeholders, the BCCT is a powerful force for economic growth and prosperity in Turkey.
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Hernaldo Turrillo
Contributor
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.
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