Turkey tells a lesson: Verhagen

ISTANBUL - Anatolia News Agency

There are lessons to be learned from Turkey, Dutch deputy prime minister and Minister of Economic Affairs Maxime Verhagen has said while visiting Istanbul along with representatives from 60 companies.

The group of businesspeople accompanying Verhagen represents various sectors such as fashion, architecture, design and theater technologies, maritime and defense.

“It is not just debt management. We have lessons to learn from Turkey in developing a business climate and making reforms in the financial sector,” Verhagen told Anatolia news agency.

The fast pace of development of the Turkish economy, Turkey’s young and educated population, and Turkey’s assuming a central position in Asia and the Middle East all make Turkey attractive, Verhagen said. Thanks to the Turkish government’s restructuring of the financial sector, Turkey’s financial institutions survived the global economic crisis, he said. “In the past 10 years, the Turkish economy has demonstrated a successful growth trend,” Verhagen said.