Turkish Finance Minister Ali Babacan stated that the terrorist activities that took place in Istanbul will not affect foreign investment in Türkiye.
Babacan made a statement to the press after his meeting with the Greek Minister of Economy and Finance, Nikos Christodoulakis. The ministers commented that they had discussed the issue of terrorism, and Babacan added that its objective, where it would like to be, and its methods are very clear. "We cannot change the course of policy because of these kinds of incidents. Investing in another country requires making projections for 3, 5, or 10 years. We are not worried."
Babacan also commented that Turkish and Greek companies will act as partners in third countries, collaborating primarily in the tourism, energy, and natural gas sectors. Babacan stated, "From now on, we will see increased traffic between Ankara and Athens. We intend to extend the commonalities we share in our culture and geography to the economic sphere."
Nikos Christodoulawis noted that Turkey is a country with great economic potential and is currently experiencing a period of prosperity. He lamented that, despite significant progress in economic relations between the two countries, they are still not at the desired level.
Later, Nikos Christodoulakis met with Kürsat Tüzmen, Turkey's Minister of Foreign Trade. Tüzmen stated that the trade volume between Greece and Turkey this year will exceed one trillion euros for the first time, as is also projected for 2004.
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