We partner with Chambers of Commerce around the world, in order to give you access to a multitude of world markets.
Notable partnerships
Our recent notable partnerships in the Türkiye region are:
Turkey, the Central-Asian economic giant
Over the past 20 years, there have been major developments in the financial and social aspects of Turkey's economy, such as increases in employment and average income since 2000. Despite the recent challenges in regards to the Covid-19 crisis and a weakening lira, according to HSBC’s ‘The World in 2050’ report, Turkey will still be the world’s 12th and Europe’s fourth biggest economy by 2050.
According to OECD, the country has made significant progress as far as economic incentives for small and medium businesses are concerned. According to one report:
“Turkey has made significant progress in implementing the Small Business Act of the European Union, a framework plan that caters to improve entrepreneurship and innovation while removing impediments to upscaling and developing, for example through simplifying regulatory policies for SMEs.”
Moreover, “The support for entrepreneurship, in particular women’s entrepreneurship, stands out positively in comparison to other countries (OECD/ETF/EU/EBRD, 2019).
The set of incentives provided by TUBITAK, the Scientific and Technological Research Council of Turkey and KOSGEB, the Small and Medium Enterprises Development Organization of Turkey, succeed at enhancing firms’ performance, in particular innovation, firm-level productivity and employment (Özçelik and Taymaz, 2008; World Bank, 2019a).”
There are approximately 3.2 million enterprises operating in Turkey that are included in SMEs, according to a recent study by the Statistics on the Annual Industry and Service Statistics Survey conducted by the Turkey Statistical Institute.
Why do business in Turkey?
Tusiad Chamber of Commerce
Founded in 1971 to represent the Turkish business world, TÜSIAD is a voluntary, independent, non-governmental organization dedicated to promote welfare through private enterprise.
On account of the institutions represented by its members, TÜSIAD has a significant representative capacity of the economic activity in Turkey in many spheres such as production, value added, employment and foreign trade.
TÜSIAD’s activities are aimed at creating a social cohesion based on the competitive market economy, sustainable development and participatory democracy.
Headquartered in Istanbul, TÜSIAD has a representative office in Ankara; international representative offices in Brussels, Washington D.C., Berlin, London and Paris; networks in China, Silicon Valley and the Gulf Region.
TÜSIAD is a member of BusinessEurope which is the leading advocate for growth and competitiveness at European level.