Vice President Cevdet Yılmaz assessed Türkiye's 2053 vision, global economic development and structural reform.
CEVDET Vice President Yilmaz joined the Council of Geopolitical and Economic Dynamics changing in the new World Consumer organized by Financial Expert Fund in Istanbul. Former Prime Minister of England Johnson, former General Director of the World Trade Organization Robert Azevedo and Ahmet Eren, chairman of the account expert fund. At the end of the seminar, where global prediction, economic strategy and evaluation of Türkiye's future were made, a board was presented to Yılmaz.
Yilmaz, who made the opening speech of the seminar, stated that he was aimed at building a strong and resistant economy in accordance with Türkiye's 2053 vision. Yilmaz said that uncertainty and power competition were dug deep on a global scale and emphasized that the importance of exchanging ideas and strategic plans increased in this process. Yilmaz, forecasting the Global growth of IMF to 2.8 %, the World Trade Organization in the World Trade is 0.2 % reminded the shrinkage. We are in a period of higher growth than trade. This shows the common exclusion of the period we are in, he said.
“The protection trend affects global trade” Note that the trend of protectionism has reached the speed with US trade policies, Yilmaz said that this could not explain to Trump, having a general trend at a global level. It has a serious influence on international trade. Referring to the geopolitical position and economic power of Türkiye, Yilmaz said, wez we have an important potential for investors with the economy, young and dynamic population of 1.3 trillion dollars and our qualified labor force. Yilmaz also stated that Türkiye is part of the economic sector of about $ 30 trillion with the Free Trade Association and the Customs Union: 70 % of our exports are to these countries. This forms an important protective shield against increasing protectionism.
“We can overcome the new generation of production” Yilmaz, industrial areas according to Türkiye's plan, powerful R&D ecosystem, encouraging structure to be friendly to investors and logistics thanks to candidates to become a new generation production facility, he said. Digitization and green conversion are located in the center of the 12th development plan. Yilmaz, who made assessments in the economic agenda, said that the war against inflation continued: inflation, increased to 75.5 % in May last year, has dropped to 37.9. This is not an important decline but not enough. We hope this recovery will accelerate in the coming months.
“There is a lesson to participate”
Speaking at the seminar, Johnson said they did not even build a new highway in the UK. Johnson said that Türkiye has invested especially in infrastructure and this is a very difficult situation in the UK. “But the airports are being built in Türkiye. There are incredible infrastructure investments and high -speed trains. The train routes are connected to Balkan and this is a lesson we need to do,” Johnson said in Türkiye. He said.