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Turkish Press Review, 97-10-09

Turkish Press Review Directory - Previous Article - Next Article

From: Turkish Ministry of Foreign Affairs <http://www.mfa.gov.tr>


CONTENTS

  • [01] EUROPEAN COUNCIL SUMMIT
  • [02] FOREIGN CAPITAL PERMISSIONS REACH $1 BILLION
  • [03] CSFB, DEUTSCHE TO LEAD TURKEY MARK BOND
  • [04] PRESS CONFERENCE ABOUT A TUNNEL PROJECT IN ISTANBUL
  • [05] IRANIAN DELEGATION IN VAN
  • [06] IMF SUPPORT FOR TURKISH ECONOMY
  • [07] ATHENS-PKK RELATION ON THE AGENDA OF NATO
  • [08] PKK ON BLACK LIST
  • [09] OIL AGREMENT
  • [10] DENKTAS: WE ARE IN DANGER
  • [11] TURKISH IDENTITY IN RUSSIA

  • TURKISH PRESS REVIEW

    DIRECTORATE GENERAL OF PRESS AND INFORMATION,OFFICE OF PRIME MINISTER

    09.10.97

    Summary of the political and economic news in the Turkish press this morning

    [01] EUROPEAN COUNCIL SUMMIT

    The European Council second summit in Strasbourg on October 10-11 will discuss the improvements to the protection of human rights, the struggle against torture, the abolishment of the death penalty, the assurance of equality between men and women and an increase in the power of municipal administrations. Turkish Prime Minister Mesut Yilmaz will give a speech on Friday and is expected to speak about the problems of foreign workers in Europe, racism and the struggle against terrorism. During the summit, Yilmaz will meet with his Irish counterpart Bertie Ahern, Italian counterpart Romano Prodi, Portugal's Antonio Gutteres, Belgium's Jean Lud Dehene and Austrian President Thomas Kletil. Foreign Minister Ismail Cem, Motherland Party (ANAP) deputy Lale Aytaman and Democratic Left Party (DSP) deputy Ahmet Tan will accompany Prime Minister Yilmaz. /All papers/

    [02] FOREIGN CAPITAL PERMISSIONS REACH $1 BILLION

    The Treasury gave permission for companies to invest $74 million of foreign capital in September, bringing the total amount of permission given for the year so far to $1.077 billion, the Anatolia news agency reported. According to Treasury figures, $643.12 million-worth of the permissions has been given to the manufacturing sector, $407.93 million to the services sector, $23.87 million in the mining sector and $2.2 million in the agriculture sectors. There are a total of 3,927 foreign companies which have made investments in Turkey to date.

    [03] CSFB, DEUTSCHE TO LEAD TURKEY MARK BOND

    Turkey is expected to launch a 1.0 billion mark 10-year bond via Credit Suisse First Boston and Deutsche Morgan Grenfelle this week. It is estimated that the deal will be launched today. Bankers said that the launch spread over Bunds had not yet been decided and would depend on whether Turkey opted to pay an 8.0 percent or 8.125 percent coupon. "It is still unclear what they are doing" a syndicate manager in Frankfurt said. "The coupon has not yet been decided. We think the launch spread could be anywhere between 260 and 275 basis points over Bunds". /Sabah/

    [04] PRESS CONFERENCE ABOUT A TUNNEL PROJECT IN ISTANBUL

    Turkish Transport Minister Necdet Menzir talked about a tunnel project planned to be established in Istanbul during a briefing at the Council of Ministers yesterday. During a press conference to be held tomorrow by Menzir and ministry bureaucrats, detailed information regarding the project will be given to press members. /Hurriyet/

    [05] IRANIAN DELEGATION IN VAN

    Governors of Hoy and Salmas from the Iranian Islamic Republic arrived in Van to attend a Sub-Commission Meeting for Border Security yesterday. Governor Abdulkadir Sari, who welcomed the delegation coming from the Kapikoy Border Gate to Van, said that they were very pleased over the visits of Hoy Governor Ismail Kerimzade and Salmas Governor Ahmet Delili and added he believed that the meeting would be in an atmosphere of mutual understanding. /Hurriyet/

    [06] IMF SUPPORT FOR TURKISH ECONOMY

    Chairman of the International Monetary Fund (IMF), Martin Hardy said that Turkey's 1998 budget was very encouraging and that they would support Turkey's struggle against inflation. After a meeting with Treasury Undersecretary Mahfi Egilmez, Hardy said: "IMF will support the coalition government's economic decisions and measures to be taken against inflation. The government should apply the economic decisions with determination."

    Meanwhile, it is announced that IMF Executive Director, Willy Kiekens will come to Ankara before the IMF delegation leaves the capital. Mahfi Egilmez said that Kiekens would meet with Prime Minister Mesut Yilmaz. /Milliyet/Hurriyet_

    [07] ATHENS-PKK RELATION ON THE AGENDA OF NATO

    Foreign Minister Ismail Cem said in a press conference on Wednesday that Greece and PKK relation had been taken into the agenda of NATO. Recalling that the Greek support for the separatist terror organization, PKK, had been issued in the European press with evidences, Cem said Turkish Foreign Ministry decided to voice Athens and PKK relation at NATO circles and that Turkey's permanent representative to NATO extended Turkey's written statement to the General Secretary of NATO.

    Cem noted that at the statement it was stressed that NATO had the responsibility to protect the stability and territorial integrity of its member countries. /Milliyet-Hurriyet/

    [08] PKK ON BLACK LIST

    The U.S. Administration announced 30 organisations in the world as "terrorist" and decided to accept every kind of support and relation with these organisations as "out-lawed". The list comprises PKK and Dev-Sol organisations which are active in Turkey. After announcing the list, Secretary of State Madeleine Albright said that the U.S. administration would not give visa to the members or related people to these organisations. /Milliyet-Hurriyet-Sabah/

    [09] OIL AGREMENT

    Turkish Petroleum Corporation (TPAO) and American Amoco Partnership signed a $750 million oil agreement with Kazakhstan. Kazakhstan Deputy Prime Minister, Ahmetcan Yesimov and General Director of TPAO, Sitki Sancar signed the agreement which envisages the evaluation of oil beds in two regions near the Caspian Sea. /Milliyet/

    [10] DENKTAS: WE ARE IN DANGER

    President of the Turkish Republic of Northern Cyprus (TRNC), Rauf Denktas stressed that they were in a "dangerous situation" on Cyprus issue. He added that the Cyprus problem was driven towards the direction as Greek Cyprus wanted. /Cumhuriyet/

    [11] TURKISH IDENTITY IN RUSSIA

    A Turkish delegation, under the chairmanship of Deputy Undersecretary of Ministry of Culture, Huner Tuncer, presented Turkey succesfully at the "First International Turkish Peoples Festival" between 18 September and 1 October in the Russian Federation. During the festival Turkish peoples' folk dances were exhibited to Russian people.

    In his speech at the end of the festival, Tuncer said that cultural relations between Russia and Turkey would be developed. /Cumhuriyet/

    END


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