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- October 12, 202619°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,194.50-0.52%
- INTEREST37.00%-1.00
- BITCOIN83,014-0.79%
- October 12, 202619°
At Istanbul Trade Congress, Cevdet Yılmaz says Türkiye must take its economy into the future
Vice President Cevdet Yılmaz said at the Istanbul Trade Congress that Türkiye must preserve its stability, expand into new markets and strengthen its position in global value chains in response to growing uncertainty in global trade.
Vice President Cevdet Yılmaz attended the Istanbul Trade Congress, organized through cooperation between the Istanbul Chamber of Commerce and Istanbul Ticaret University, and discussed global trade, the Turkish economy, exports and investment.
Speaking at the congress, held under the theme “The Stability Paradigm in a Changing World: Rebuilding Global Trade from a Responsibility Perspective,” Yılmaz said uncertainty in global trade was increasing, supply chains were being reshaped and reliable partnerships were becoming more important.
Yılmaz said Türkiye aimed to preserve its strong position in traditional markets while expanding into new markets, diversifying trade partnerships and further strengthening its position in global value chains.
Yılmaz said Türkiye’s ability to preserve its stability despite the geopolitical risks surrounding it provided a significant advantage and stated that the country needed to make good use of this opportunity.
The Vice President said, “We must carefully preserve our stability amid the ring of fire around us, without putting it at risk in any way, and carry our strength and economy into the future.”
Türkiye’s economy records 24 quarters of growth
Yılmaz announced that the Turkish economy grew by 2.3% in the second quarter of 2026, bringing its uninterrupted growth period to 24 quarters.
Yılmaz also shared data on Türkiye’s position in global trade, stating that goods exports, which stood at $36 billion in 2002, had risen to $273.2 billion in 2025.
Yılmaz emphasized that support for producers and exporters would continue, saying that policies to strengthen Türkiye’s production capacity, exports and investment would be maintained.
Yılmaz also said Türkiye needed to become an attractive hub for capital and skilled labor, highlighting the importance of turning new opportunities emerging in the global economy into production, investment and exports.
The Istanbul Trade Congress is bringing together representatives from the public sector, business community, academia and international organizations on September 23–24, hosting discussions on topics ranging from geopolitical risks and the green and digital transformation to trade diplomacy and the future of global trade.
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