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Turkish Press Review, 98-07-27

Turkish Press Review Directory - Previous Article - Next Article

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

27.07.98

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


CONTENTS

  • [01] FORD INVESTING IN TURKEY
  • [02] ITALIAN PRIME MINISTER IN TURKEY
  • [03] GREEK FOREIGN MINISTER LASHES OUT AT TURKEY AND UNITED STATES
  • [04] DEMIREL MEETS WITH MORNINGSTAR
  • [05] A DELEGATION FROM ENERGY MINISTRY GOES TO UNITED STATES
  • [06] KORKUT OZAL REELECTED DEMOCRAT PARTY CHAIRMAN
  • [07] TURKISH FOREIGN MINSITER CEM WARNS NATO ON S-300 MISSILES
  • [08] LOCAL POLITICIAN ABDUCTED IN TUNCELI
  • [09] OPERATION IN SIVAS
  • [10] TL 15 BILLION FOR HASANKEYF
  • [11] GERMAN NEWSPAPER PRAISES TURKISH BUSINESSMEN
  • [12] FOREIGN INTEREST IN DOGAN HOLDING
  • [13] WORLD BANK UPGRADES STATUS OF ANKARA OFFICE
  • [14] TREASURY UNDERSECRETARIAT SEEKING LOANS

  • [01] FORD INVESTING IN TURKEY

    President Suleyman Demirel laid yesterday the foundations for a new Ford automobile plant in Yenikoy, Golcuk. Demirel said at the ceremony that the Ford's investment would be a precedent for other foreign investors. Prime Minister Mesut Yilmaz said for his part that the Ford-Otosan investment showed that protectionist policies were no longer blocking development in Turkey.

    Rahmi Koc, the chairman of Koc Holding and Ford's Turkish partner thanked the government for the donation of the land on which the factory will be built.

    Chairman of the Executive Board of Ford-Otosan, Wayne Booker, said at the ceremony that the the cost of construction is expected to reach $ 550 million. The factory itself will employ 4,000 people and about 20,000 jobs will be created. He added that the factory will also provide financial support to local schools and charitable institutions. He added that they were happy to be in Turkey. /Milliyet-Sabah/

    [02] ITALIAN PRIME MINISTER IN TURKEY

    Italian Prime Minister Romano Prodi, scheduled to arrive in Turkey today, is expected to make an attempt to contribute to international efforts at decreasing the longstanding tension between Turkey and Greece. Turkish Prime Minister Mesut Yilmaz and his Italian counterpart Prodi will meet in Istanbul to have four hours of talks. A joint press conference is expected after the meeting. It is expected that Yilmaz and Prodi will discuss Turco-Italian economic ties, the problem of illegal immigration from the Middle East to Europe via Italy and the increasing tension in the Yugoslav province of Kosovo. /All papers/

    [03] GREEK FOREIGN MINISTER LASHES OUT AT TURKEY AND UNITED STATES

    Greek Foreign Minister Theodoros Pangalos, yesterday accused the Turkish Consulate at Komotini of acting against Greek interests. Pangalos claimed that the Turkish Consulate had worked systemically at creating a crisis by dividing the christians and moslems in the region. He added that the Turkish Consulate should stay within the boundaries of its authority recognized to it or accept the consequences of going beyond those limits. Turning on the US Consulate in Thessaloniki, the Greek Foreign Minister stated that American diplomats were implementing double standards in the region and followed a hypocritical, unprincipled policy. He then visited the muftis appointed by the Greek government to Gumulcine (Komotini) and Iskece (Xanthi), but who are not recognized by the Turkish minority, and declared that they would be given official civil servant status benefiting from insurance and pension rights. /Cumhuriyet/

    [04] DEMIREL MEETS WITH MORNINGSTAR

    President Suleyman Demirel yesterday met with US President Clinton's special representative in the Caspian region Richard Morningstar. Returning to Ankara following groundbreaking ceremonies for the car plant Ford will build in Izmit, Demirel received Morningstar and an accompanying delegation. The meeting was closed to the press. /Cumhuriyet/

    [05] A DELEGATION FROM ENERGY MINISTRY GOES TO UNITED STATES

    A delegation led by Energy and Natural Resources Ministry Undersecretary Yurdakul Yigitguden goes today to the US to attend the fourth meeting of the Turkish-US Joint Energy Working Group. The delegation will also get in touch with international financial institutions in the US. /Cumhuriyet/

    [06] KORKUT OZAL REELECTED DEMOCRAT PARTY CHAIRMAN

    At the eighth congress of the Democrat Party (DP) Korkut Ozal, who received a total of 597 valid votes was reelected Chairman. Following the announcement of the results, Korkut Ozal gave a brief speech thanking the party members. Commenting on the elections to be held in April 1999, Ozal said that they were in favour of early general elections. /Cumhuriyet/

    [07] TURKISH FOREIGN MINSITER CEM WARNS NATO ON S-300 MISSILES

    Greece and the Greek Cypriot Administration have jointly planned to deploy Russian-made S-300 missiles in the Greek Cypriot south of the island. Turkish Foreign Minister Cem has again warned NATO about the plan which is now in its final stages. Cem noted that the missiles were not only a threat against the Turkish Republic of Northern Cyprus (TRNC), Turkey and the Eastern Mediterranean, but also would have a negative effect on NATO regional defences. In a written statement yesterday Cem pointed out that information about Turkish and NATO military operations in the region would be presented to the Russian Federation and the Greek Cypriot Administration both of which are not members of the organisation, through Greece, a member of NATO. Cem added that this information could also be given to other states in the Middle East. /Cumhuriyet/

    [08] LOCAL POLITICIAN ABDUCTED IN TUNCELI

    Ultra-leftist terrorists have abducted a local politician in the eastern Turkish province of Tunceli. Revolutionary People's Party-Front (DHKP-C) militants kidnapped Hidir Yadigaroglu, a local official of the Republican People's Party (CHP), on Saturday afternoon after stopping his car at a road block outside the village of Gulbahce. /Sabah/

    [09] OPERATION IN SIVAS

    Turkish security forces, carrying out operations to find the separatists who set on fire a telephone exchange belonging to the General Post Office in Kurukopru village in Sivas, and killed Haydar Iyidogan the village head of Sancakkale village in the Zara district of Sivas on July 8, 1998, have arrested 10 people suspected of helping the PKK terrorist organization. It is reported that operations are continuing in the region. /Cumhuriyet/

    [10] TL 15 BILLION FOR HASANKEYF

    Initiatives to save Hasankeyf, Batman, which will soon be under the waters of Ilisu Dam artificial lake, are resuming after a seven year-interval. The Turkish Culture Ministry will put aside appropriations worth TL 15 billion. Prof.Olus Arik, who is responsible for excavations in the region, has congratulated Culture Minister Istemihan Talay and noted that they will begin excavations with a 14-member team after they receive the money. /Cumhuriyet/

    [11] GERMAN NEWSPAPER PRAISES TURKISH BUSINESSMEN

    The Berliner Morgenpost newspaper, published in Berlin, has praised Turkish businessmen pointing out that Turks working in Berlin have contributed DM 5 billion to the German economy through the operations of more than 5,000 companies. An article written by Britta Peersen said that over 20,000 workers were working in these companies. The article stated that Turkish businessmen were active in many fields ranging from glass manufacturing to estate agencies. It added that Turkish entrepreneurs were very courageous and thought globally. /Milliyet/

    [12] FOREIGN INTEREST IN DOGAN HOLDING

    The ninth subsidiary of the Dogan Group is also on the way to being traded on the Istanbul Stock Exchange. 15 % shares of the capital of Dogan Publication Holdings will be offered to the public on 29-30 July 1998. European speculators have shown much interest in the shares which have been available in international markets for some time. The European issue of the Wall Street Journal of the US said that the Dogan Publication Holdings had offered shares worth $75 million in international markets. The article also stated that income worth $10 million to domestic investors was expected from the sale. /Milliyet/

    [13] WORLD BANK UPGRADES STATUS OF ANKARA OFFICE

    The World Bank is upgrading the status of its representative office in Ankara by making it a regional directorate. On the grounds of increasing economic activities in Turkey, the World Bank is giving a central position to Turkey. The former status of Turkey was a "country representation". Ajay Chibber, who has been working as the Turkey director in Washington, has been appointed as the director for the World Bank's new regional directorate in Turkey. He will take up his new post at the end of August. /Hurriyet/

    [14] TREASURY UNDERSECRETARIAT SEEKING LOANS

    Headed by Deputy Undersecretary of the Treasury, Cuneyt Sel, a delegation is going to Japan today. The Treasury officials will try to secure a $ 300 million loan for Turkish Eximbank, government-run bank for export and import activities. General Manager of Turkish Eximbank, Ahmet Kilicoglu, said the bank needed the loan to give more support to exports. /Hurriyet/
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