9th Bosphorus Summit to be held on Nov. 26-28

ISTANBUL - Anadolu Agency

Istanbul will host international decision makers at the end of November.

The 9th Bosphorus Summit will see the attendance of state administrators, businesspeople and influential people under the theme of “Sustaining Peace and Development for All” between Nov. 26-28.

“With the Bosphorus Summits, political, economic and cultural accumulations will provide global gains in the direction of national interests and common ideals,” according to the summit’s official website.

The event aims to increase trade investment and bring businesspeople together, as well as gathering people who can discuss developments in the fields of economics, science and technology.

Among the attendees will be Turkish President Recep Tayyip Erdogan, Macedonian President Gjorge Ivanov, Turkish Cypriot President Mustafa Akinci, Thailand’s Minister of Commerce Sontirat Sontijirawong and co-founder of Mobius Capital Partners Carlos Hardenberg.

A total of 198 influential speakers will take part in a series of panel discussions that will cover different topics -- including Technology: Building Future for Refugees, The International Gas Trade and Its Demands, Mega Projects and New Development Banks, Trade with Local Currency from the Perspective of Bankers and Exporters, and Global Threat to Development for All: Trade Wars.

The opening speech of the summit is expected to be delivered by Erdogan.

“There is a chaotic environment in the world. It isn’t called war, but they call it internal conflict[…],” Cengiz Ozgencil, chairman of the International Cooperation Platform (ICP), told Anadolu Agency.

“We are holding the 9th summit with the theme of world peace so that this fire [chaos] doesn’t grow further,” Ozgencil said.

He said the three-day summit will discuss world issues, economy, sports, culture and art.

“We abstained ourselves from bringing political issues to agenda,” he said.

Recalling that representatives from only neighboring countries attended the first summit, Ozgencil said officials from a total of 80 countries will attend the forthcoming summit.

He underlined that seven countries have requested to hold the summit in their respective countries.

Ozgencil said a business potential of $200-300 million emerged every year after each summit held so far and that they are expecting an increase in volume during this year’s summit.