ID :
27901
Sat, 11/01/2008 - 14:04
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Shortlink :
http://m.oananews.org//node/27901
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Mottaki, Babacan meet behind closed doors
Ankaran,Nov 1, IRNA - Foreign Minister Manouchehr Mottaki met and conferred with his Turkish counterpart Ali Babacan behind closed doors in Istanbul, Turkey, on Friday.
Mottaki arrived in Istanbdul on Friday to attend the 1st World
Economic Forum (WEF) in Istanbul, themed `Europe and Central Asia' (
October 30-November 1).
The World Economic Forum (WEF) opened a regional meeting in Turkey on
Thursday, which organizers hope will shape solutions to the global
economic crisis.
The WEF gathered international and regional business leaders as well
as government representatives from Europe, Turkey, Russia, Central
Asia and the Near East.
The main goal of the meeting is to explore the business prospects in
the region and to define strategies for alleviating the effects of the
global economic crisis through dialogue as a precondition for
progress, stability and security in the region.
Afghan President Hamid Karzai and Pakistani Prime Minister Yousuf Raza
Gilani are among leaders attending the Istanbul meeting of the WEF,
which is based in Geneva. Turkish Prime Minister Recep Tayyip Erdogan
is among others.
Thomas Mirow, the president of the European Bank for
Reconstruction and Development (EBRD), is also at the meeting.
The EBRD has recently announced that it will provide $600 million in
EBRD investments in Turkey, the second largest economy in the EBRD's
area of concern, by 2010.
They will focus on five key areas of growth; micro and small
medium-sized enterprises, agribusiness, municipal environmental
services, energy and energy efficiency, and privatization. The
announcement also noted that the bank would be focusing on areas
"outside main metropolitan centers, in areas where economic reforms
are less advanced."
Owned by 61 countries and two intergovernmental organizations, the
EBRD is presently the single largest lender in the area it serves, and
developing the Turkish economy forms part of its mandate to strengthen
private sectors in emerging markets.
Turkey applied to be a recipient of EBRD funds in April 2008.
Mottaki arrived in Istanbdul on Friday to attend the 1st World
Economic Forum (WEF) in Istanbul, themed `Europe and Central Asia' (
October 30-November 1).
The World Economic Forum (WEF) opened a regional meeting in Turkey on
Thursday, which organizers hope will shape solutions to the global
economic crisis.
The WEF gathered international and regional business leaders as well
as government representatives from Europe, Turkey, Russia, Central
Asia and the Near East.
The main goal of the meeting is to explore the business prospects in
the region and to define strategies for alleviating the effects of the
global economic crisis through dialogue as a precondition for
progress, stability and security in the region.
Afghan President Hamid Karzai and Pakistani Prime Minister Yousuf Raza
Gilani are among leaders attending the Istanbul meeting of the WEF,
which is based in Geneva. Turkish Prime Minister Recep Tayyip Erdogan
is among others.
Thomas Mirow, the president of the European Bank for
Reconstruction and Development (EBRD), is also at the meeting.
The EBRD has recently announced that it will provide $600 million in
EBRD investments in Turkey, the second largest economy in the EBRD's
area of concern, by 2010.
They will focus on five key areas of growth; micro and small
medium-sized enterprises, agribusiness, municipal environmental
services, energy and energy efficiency, and privatization. The
announcement also noted that the bank would be focusing on areas
"outside main metropolitan centers, in areas where economic reforms
are less advanced."
Owned by 61 countries and two intergovernmental organizations, the
EBRD is presently the single largest lender in the area it serves, and
developing the Turkish economy forms part of its mandate to strengthen
private sectors in emerging markets.
Turkey applied to be a recipient of EBRD funds in April 2008.
