Turkey’s new economic model to be based on production, defense: Erdoğan adviser

Turkey’s new economic model will be based on production with the defense industry as a core component, Yiğit Bulut, an adviser to President Recep Tayyip Erdoğan, said May 23.
 
Bulut told state broadcaster TRT Haber that the economic stance of the government would be maintained, regardless of who was in the new cabinet’s economic management team.  

Speaking about a refugee and visa deal between Turkey and the European Union, Bulut said the former could suspend all its agreements with the EU, including a customs union, if the bloc continues its “double standards” in talks with Ankara.

A deal between Brussels and Ankara to stem the flow of illegal migrants into Europe and provided Turkish citizens with visa-free travel to the Schengen zone has been hampered by disagreements over Turkey’s anti-terror law, which the European Union wants to see brought in line with EU standards.