Turkish business group calls on government to repair ties with West

Turkey’s top business group called on President Recep Tayyip Erdoğan’s government to repair relations with NATO allies and the European Union.

The country’s allies also have the responsibility to restore mutual confidence that was lost following the failed military coup of 2016, Simone Kaslowski, head of the Turkish Industry and Business Association (TÜSİAD), which represents Turkey’s largest companies, said at a meeting in Istanbul on Wednesday, according to Dünya newspaper.

Referring to a crisis in relations with NATO over Turkey’s purchase of S-400 missiles from Russia, Kaslowski said “it is in our countries interests to overcome misunderstandings with our allies while maintaining good relations with Russia”.

The government should also restore confidence in the economy by properly implementing the principles of a legal state and by not straying from those of a competitive market economy, Kaslowski said. It should also ensure that monetary and fiscal policies are predictable and consistent, he said.

Relations with the European Union, of which Turkey is a candidate for membership, should also be repaired and strengthened through negotiations and adhering to the EU’s democratic principles, Kaslowski said.

“We should lay out a concrete road map for our country,” he said, also referring to a tough global competitive environment. “The stones that make up this road are democracy, economic growth, employment and education.”