HÜSEYİN SEMERCİ

President's Message

As we near the end of another year, I would first like to remark that we are leaving behind a year that is not smooth for our industry. The limited increases in orders indicate that the slowdown in our industry has started to expand since the spring. In this context, the sectoral growth is likely to narrow, even if by 1-2 percent, at the end of the year. However, there are some compensatory developments at the export end. We are expecting a performance higher than 10 percent in product exports by the end of the year. Considering this conjuncture, the export deserves to rank higher in our agenda. Although EU countries are of great importance for our exports as our traditional markets, increasing the share of the Middle East, Russia and the neighboring countries and Africa is also critical for balancing the commercial dependence on the EU. We can say that the optimistic expectations ...

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