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Robert Habeck: Türkiye needs significant reforms for more German investment.
According to a report by web.de, Economics Minister Robert Habeck (Alliance 90/The Greens) is calling for more reforms in Turkey to attract investments from German companies. He emphasized that a certain legal environment must be in place for companies to be willing to invest in the market. This applies not only to the human rights situation, but also to a fair justice system. Despite these concerns, German companies' business in Turkey is going well, according to a survey by the German-Turkish Chamber of Commerce and Industry (AHK). The majority of entrepreneurs rate their situation positively and expect good business in the next twelve months. Consequences for the market The demands...
Robert Habeck: Türkiye needs significant reforms for more German investment.
Consequences for the market
Economics Minister Habeck's demands could have an impact on the market and the financial sector in Turkey. If the required reforms are implemented, this could increase the confidence of German companies and lead to an increase in investment. A better human rights situation and a transparent justice system would offer potential investors more security. This can contribute to a positive economic climate in Turkey and lead to a further improvement in the business situation of German companies.
The positive assessment of German companies in Turkey by the AHK shows that despite some risks and challenges, such as volatile exchange rate policy and uncertain economic conditions, the business situation is good overall. The majority of companies also expect better business in the next twelve months. This suggests that, despite the possible need for reform, the potential for German companies in Turkey remains high.
Read the source article at web.de