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FinancialNews
11-05-20
Turkey safest investment haven in times of crises
(MENAFN) On Friday, Turkey's vice president announced that his country provides a "safe port" for investment amid crises, owing to its strong industrial base, dynamic workforce and business prospects.
Fuat Oktay, speaking at an online board meeting of the American Business Forum, highlighted the importance of economic ties between Turkey and the US.
He emphasized that the world is currently facing one of the deepest economic disturbances through its existence, driven by uncertainties arising from the COVID-19 global epidemic.
Oktay stated imbalances in global trade, cross-border capital flows, and commodity markets are expressed in macroeconomic indicators, referring to the instability of raw materials, intermediate goods, and services in global supply chains.
MENAFN1105202000450000ID1100146519
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