ISTANBUL
The head of the advisory board of the Istanbul Finance Summit (IFS) Prof.Dr. Murat Yulek said that Turkey's interest rate difference has started to decrease in comparison to the world. However, he added that Turkey was continuing to encourage huge amounts of investments and added, "Because trust in Turkey is increasing. The world is watching what Turkey will do."
Yulek responded to the questions of Anadolu Agency (AA) before the IFS, which will be held between September 18-19 under the sponsorship of AA.
Yulek said that Turkey's economic growth and resilient performance over the last 10 years was especially considered by foreign investors.
Yulek also expressed that foreign investors' consideration of Turkey had resulted from Turkey having "started to follow its own (economic) policy" since Turkey "had become one of the strongest economies in the world over the last 10 years."
"Financing Sustained Growth" will be the main theme of the summit, and AA is the "Official Communication Agency" of the IFS, one of the premier financial events in the world.
Convening annually in Istanbul, the IFS brings together well-known financial and economic personalities as speakers and representatives of major financial and economic businesses.
The IFS '12 was hosted with 61 speakers from 27 countries and over 900 registered participants from 50 countries, and was covered in over 20 countries by 53 TV channels and 150 newspapers and on 250 websites.
Turkish Prime Minister Recep Tayyip Erdogan, Turkish Deputy PM Ali Babacan and Turkish Economy Minister Zafer Caglayan are also expected to participate in the summit.
englishnews@aa.com.tr
