Crisis tops business agenda at key meet

ISTANBUL

Deputy PM Babacan (L)is among the participants at a business summit hosted by TOBB’s Hisarcıklıoğlu.

Some 1,000 business leaders from 87 countries will gather in Istanbul starting today to discuss the role of the private sector during a period of global economic crisis and recession that is dominating the world’s trade environment.

The Union of Chamber and Commodity Exchanges of Turkey (TOBB), the country’s largest business organization, is hosting the event while marking its 60th anniversary.

“The world economy is still undergoing a major shift with emerging markets catching up to developed
economies,” TOBB President Rifat Hisarcıklıoğlu said in an article welcoming the chamber’s guests. “Turkey, within this trend, takes its deserved place as a converging economy with the developed ones.”

Macedonian President Gjorge Ivanov, Turkish Deputy Prime Minister Ali Babacan and Turkish Trade Minister Hayati Yazıcı will all attend the event.

The general council meeting of World Chambers Federation (WCF), an umbrella organization of 15,000
chambers from around the world, will take place tomorrow after the group’s board meeting today. The WCF congresses, which offer a wonderful networking opportunity for the business community, are organized every two years in different parts of world. TOBB successfully hosted the congress in 2007 with record participation.

For full coverage follow the link: TOBB International Business Forum