Erdoğan 'set to attend investor conference in New York'

Jale Özgentürk - ISTANBUL

The Turkey-U.S. Business Council (TAİK) will hold the Ninth Turkey Investment Conference in New York on Sept. 26 in a bid to bring Turkish opinion leaders, senior government officials and corporate executives together with institutional investors interested in a better understanding of the investment landscape in Turkey.

Turkish President Recep Tayyip Erdoğan is expected to attend this key conference, to which nearly 400 investors are slated to participate, together with Treasury and Finance Minister Berat Albayrak and Trade Minister Ruhsar Pekcan, according to TAİK officials.

TAİK has been working to revive the bilateral relations between the two countries.

“It is of great importance for us to create an environment for global investors to hear the investment opportunities in Turkey from top officials during a time when each step becomes quite crucial in terms of bilateral ties,” said TAİK President Mehmet Ali Yalçındağ.

He noted that one of the key aims of the event organizers would strengthen the perception of the Turkish Lira, “which has recently been distorted by unnatural methods.”

“We will also tell how the Turkish economy has overcome many challenges thanks to its resilience and strength,” he added.

Turkish Airlines will be the main sponsor of the event. Among other sponsors are many leading Turkish companies, including TAV, TAI, Turkcell, Limak, Sabancı and Halkbank, according to TAİK officials.