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Protests do not affect foreign investors activity in Turkey

Business Materials 18 June 2013 13:43 (UTC +04:00)
The protests which have taken place in Turkey for more than 20 days, have had no significant effect on the flow of foreign investment into the country, the Istanbul Chamber of Commerce told Trend on Tuesday.

Azerbaijan, Baku, 18 June / Trend R.Hafizoglu /

The protests, which have been on-going in Turkey for more than 20 days, have had no significant effect on the flow of foreign investment into the country, the Istanbul Chamber of Commerce told Trend on Tuesday.

"Some concerns were observed on the part of foreign investors in the early days of events in Taksim Square. However, after a relative stabilisation of the situation, foreign investors have regained activity on the Turkish market," the Istanbul Chamber of Commerce said.

"To date, there is no problem with regards to foreign investments in Turkey, particularly in Istanbul," the organisation noted.

As reported by the Istanbul Chamber of Commerce, a few investors froze their activities in Turkey with the launch of the protests, but their activities were restored later on.

In addition, there is also stability in the growth of industrial production in Turkey, which is also not affected by the protests.

Earlier, Turkey's Minister of Energy and Natural Resources Taner Yildiz said the protests in Turkey are directed against the country's economic growth.

He added that despite the on-going events, Turkey will continue to develop its economy in the future. According to him, Turkey has a development strategy and the country will pursue its goals.

Protests in Turkey have been on-going for over 20 days. According to the authorities, these are already anti-government protests.

Rallies in support of the government are also being carried out in various cities.
According to the Turkish media more than a 100,000 supporters of the government are participating in the rallies.

On Sunday, the number of arrested during the protests in Ankara reached 100.

Earlier, the Interior Minister of Turkey said that an investigation is being carried out in connection with the use of excessive force against the protesters.

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