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Turkey Moves to Boost Investment Climate Amid Global Uncertainty

(MENAFN) Türkiye is continuing to address global economic uncertainty with confidence while rolling out new legal, administrative, and fiscal reforms aimed at improving its investment climate, Vice President Cevdet Yilmaz said on Monday.

Speaking at a press conference in Ankara titled “Powerhouse for Investment at the Türkiye Century,” Yilmaz said the event was held to outline recently announced measures introduced by President Recep Tayyip Erdogan last Friday, which are designed to enhance competitiveness and attract greater investment.

He noted that the global economy is currently facing rising levels of uncertainty, driven by increasing geopolitical tensions in several regions.

Yilmaz highlighted that the risk of escalation between Iran and Israel, along with the potential involvement of the United States, has added further pressure to an already unstable international environment. According to him, these developments are having a direct effect on global energy markets, trade routes, and financial systems.

In such a fragmented global setting, he stressed that resilience, predictability, and production strength have become key determinants of investment flows worldwide.

The vice president said Türkiye has managed to navigate these challenges with a sense of discipline and stability, adding that the government has taken steps to reduce the potential economic impact of regional conflicts and to maintain smooth and stable functioning of domestic markets.

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