HÜSEYİN SEMERCİ

President's Message

Recently, we see an intensive struggle for reducing the dependence of our economy on import and consequently for the reduction of current account deficit. As a person devoted to domestic production and export for many years, I welcome these approaches with great enthusiasm.    I think that the subject should be considered from a broader perspective so that domestic production is improved and the dependence on import is reduced. If you examine the producers of raw materials, intermediate goods and investment goods, i.e. any kind of items, imported to Turkey today, you will see that such establishments have global competitive advantages over each other in terms of technology and scale. In general, Turkey's share in the turnover of these establishments is not very high.  Considering that we have 2% share in the global trade at a national scale, we may not expect the...

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