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Turkish Press Review, 98-01-21

Turkish Press Review Directory - Previous Article - Next Article

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

21.01.98

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


CONTENTS

  • [01] US WILL LAUNCH INVESTMENT DRIVE IN TURKEY
  • [02] FM CEM MEETS COUNCIL OF EUROPE OFFICIAL
  • [03] TOBACCO-TEKEL PARTNERSHIP
  • [04] DENKTAS PROTESTS VISA APPLICATION
  • [05] ALBRIGHT VOWS TO PRESS AHEAD WITH CYPRUS EFFORTS
  • [06] IMF, TURKISH OFFICIALS DISCUSS BUDGET AND STRUCTURAL REFORMS
  • [07] MILLIYET: KRAMER, "COMPLY WITH EU CONDITIONS"
  • [08] TURKISH-GERMAN JOURNALISTS' DIALOGUE SYMPOSIUM
  • [09] CONTRACTORS BRING IN $2 BILLION
  • [10] FIVE DISTRIBUTION TENDERS COMPLETED
  • [11] TURKEY EXPORTS BONDS BASED ON GERMAN MARK
  • [12] TURKISH AIRLINES EXPANDS ITS FLEET
  • [13] GREEK MANEUVERS IN THE AEGEAN

  • [01] US WILL LAUNCH INVESTMENT DRIVE IN TURKEY

    US Secretary of Commerce William Daley accompanied by a delagtion of 60 US businessmen completed his visit to Turkey. Daley promised that US entrepreneurs will make new investments worth $50 billion in Turkey. Nevertheless, he said that the materialization of this promise depended on Turkey's willingness to accept international arbitration on the issue.

    In meetings with Prime Minister Mesut Yilmaz and President Suleyman Demirel yesterday, Daley dwelt on the transportation of Central Asian oil and natural gas to world markets. The US Secretary of Commerce said that Washington would not back the Iranian involvement in upcoming pipeline project. Prime Minister Mesut Yilmaz in turn said that feasibility studies on the various alternatives were continuing. Yilmaz noted that the government was working on legal measures that will help overcome bottlenecks in the realization of energy projects. /Hurriyet/

    [02] FM CEM MEETS COUNCIL OF EUROPE OFFICIAL

    Council of Europe Deputy Secretary General Hans Christian Kruger, paying an official visit to Turkey on the official invitation of Foreign Ministry Undersecretary Korkmaz Haktanir, met yesterday with Foreign Minister Ismail Cem and State Minister responsible for human rights Hikmet Sami Turk. Minister Turk gave Kruger details about moves to improve Turkey's human rights record, and Kruger pointed out that the Council of Europe was ready to support Turkey's efforts in this respect. /Cumhuriyet/

    [03] TOBACCO-TEKEL PARTNERSHIP

    The State-owned Tekel tobacco monopoly Tekel and the British-American Tobacco (BAT) Company signed yesterday an agreement for the establishment of a joint stock company that will operate the Akhisar factory producing "Samsun" and "Yeni Harman" brand cigarettes. Tekel's share in the new concern is 48 percent, and BAT's share is 52 percent. State Minister Eyub Asik said that the partnership will help increase further the quality of Tekel products. /Cumhuriyet/

    [04] DENKTAS PROTESTS VISA APPLICATION

    President of the Turkish Republic of Northern Cyprus (TRNC), Rauf Denktas said that they would reevaluate their relations with Britain following Britain's recent decision to apply visa restrictions to TRNC citizens. Denktas added that European Union special envoy to Cyprus David Hannay had the responsibility of solving the problem.

    Denktas noted that if Hanny wanted to contribute to solving the Cyprus issue, he would have to prevent this "unjust" application. Rauf Denktas discussed the recent decision during a weekend press briefing. /Milliyet/

    [05] ALBRIGHT VOWS TO PRESS AHEAD WITH CYPRUS EFFORTS

    U.S. Secretary of State Madeleine Albright stressed that Washington will intensify efforts for solving continuing disputes in the Aegean and Cyprus. Expressing her concern about the tensions that might develop in these areas if the conflicts remain unresolved, Albright described the region as "one of the world's power stops," adding that Dayton-broker Richard Holbrooke would continue to work on resolving Cyprus conflict. /Cumhuriyet/

    [06] IMF, TURKISH OFFICIALS DISCUSS BUDGET AND STRUCTURAL REFORMS

    Turkish officials planned to explain to a delegation from the IMF their plans for structural reforms intended to fix the economy. The IMF delegation started talks with government officials on Monday. The first meeting would focus on Turkey's 1998 budget, as approved by Parliament, said Treasury Chief Yener Dincmen.

    The IMF delegation was expected to spend two weeks in Turkey holding talks with various officials. A World Bank mission was in the capital, Ankara, holding separate meetings over the same issue. /Hurriyet/

    [07] MILLIYET: KRAMER, "COMPLY WITH EU CONDITIONS"

    Researcher from the German Science and Politics Foundation and Turkish expert, Dr. Heinz Kramer said that there was prejudice between Germany and Turkey. He added, "The European Union door is neither closed nor opened to Turkey. The Turkish economy is developed but macro-economic balances have not developed enough. Now, Turkey should understand what the EU wants. If Turkey wants to enter the EU, she should comply with their conditions." /Milliyet/

    [08] TURKISH-GERMAN JOURNALISTS' DIALOGUE SYMPOSIUM

    Turkish and German jounalists convened yesterday in Istanbul for a symposium organized jointly by the Frederich Ebert Foundation and Aydin Dogan Foundation, and mostly the stance assumed by Germany during the EU meeting in Luxembourg towards Turkey was criticized. Foreign Minister Ismail Cem also participated in the symposium. Turkish and German journalists agreed during the symposium that it would be useful to develop the dialogue between the two sides. /Hurriyet/

    [09] CONTRACTORS BRING IN $2 BILLION

    State Minister Mehmet Batalli said that transfers due to contracting services abroad in 1997 exceeded $2 billion. Batalli noted that contracting services abroad were among the most important sectors earning foreign exchange for Turkey. Batalli recalled that the number of countries in which Turkish firms are active had reached 39. /Hurriyet/

    [10] FIVE DISTRIBUTION TENDERS COMPLETED

    The Energy and Natural Resources Ministry has announced the results of the tenders put out for the transfer of seven B group energy distribution networks to the private sector. It was reported that the tenders in the regions of Diyarbakir-Mardin and Van-Hakkari-Mus-Bitlis-Sirnak-Siirt-Batman were cancelled because there was no acceptable proposal. The total value of tenders for five regions amounted to $275 million. /Hurriyet/

    [11] TURKEY EXPORTS BONDS BASED ON GERMAN MARK

    Turkey has become the first country to export bonds based on the German Mark among the developing countries. Turkey began to export bonds worth DM 1 billion with a five-year term this week. It was notable that interest was 2.84 points more than that of German state bonds. Following Turkey, Hungary began to export bonds worth DM 500 million yesterday. /Sabah/

    [12] TURKISH AIRLINES EXPANDS ITS FLEET

    Representatives of Turkish Airlines(THY) , Boeing and Eximbank will sign a contract today, for the purchase of new planes for Turkish Airlines. Turkish Airlines will buy top model 737 or 800 Boeing planes in order to expandits fleet. /Cumhuriyet/

    [13] GREEK MANEUVERS IN THE AEGEAN

    It was stated yesterday in Greek press that a series of maneuvers will be held by the Greek military forces in the Aegean Sea according Defence Ministry sources. /Cumhuriyet/

    END


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