DEIK BOOSTS TURKIYE’S GLOBAL COMPETITIVE POWER

Through its collaborations with Multilateral Development Banks and G20 platforms, DEİK enhances the competitiveness of the Turkish private sector while also supporting green and digital transformation processes

Türkiye actively pursues its global economic relations through an economic diplomacy approach. This vision is based on the principle that economic relations should contribute to development, stability, and prosperity.

Today, economic diplomacy encompasses not only trade opportunities but also sustainable development, the as sessment of global risks, and international cooperation. In this context, the G20 is one of the most important platforms for addressing critical issues such as the reform of Multilateral Development Banks, global debt problems, trade, and climate change.

Multilateral Development Banks are not only cornerstones of the international financial system but also important tools of Türkiye’s economic diplomacy. Our country’s influence in these institutions is steadily increasing. For example, our recent upgrade from non-regional to regional country status at the Asian Development Bank is a clear indication of this success. Türkiye also encourages the transformation of these institutions, supporting the deve lopment of new financing instruments and the reduction of bureaucracy in project processes. In this context, with the guarantee provided for the $200 million loan granted by the Asian Infrastructure Investment Bank (AIIB) to Eximbank and the counter-guarantee support from our Ministry, our exporters have gained access to long-term f inancing in the energy sector.

Through the multi-year strategic partnerships we have developed with the World Bank, AIIB, Islamic Development Bank, and European Bank for Reconstruction and Development (EBRD), we have secured a financing package exceeding $40 billion to support our development goals. Since 2023, our Ministry has provided $25.7 billion in project finan cing, allocating resources to areas such as transportation, energy, health, disaster management, and education, with $6.7 billion directed directly to the private sector. This has boosted competitiveness while also supporting renewable energy, sustainable production, and green transformation goals.

Our partnerships with multilateral development banks and those focused on the private sector are also strengthening. The International Finance Corporation (IFC) has provided approximately $11 billion in funding to Turkish companies since 2023, while EBRD financing to our country has increased from €150 million in 2009 to €2.6 billion in 2024. These developments are a clear reflection of international investors’ confidence in the Turkish economy and the program we are implementing.

DEIK, one of the most important global platforms for the Turkish business world, accelerates the integration of our private sector into global value chains and enhances its competitiveness through the business forums, trade delegations, and international events it organizes. DEIK’s active participation in Mixed Economic Commission (MEC) meetings serves as a successful example of public-private sector cooperation. As the voice of the global business world, B20 offers Turkish companies the opportunity to develop strategic partnerships. DEIK’s more active role in the B20 platform will increase the international visibility of our business world and directly contribute to Türkiye’s economic diplomacy.

Our goal is to further enhance the global competitiveness of our business community in the coming period through continued collaboration with DEIK. In this context, we aim not only to expand export and investment opportunities but also to provide stronger support for the green and digital transformation processes of our business world through international partnerships. In this way, we aim to make our contribution to the sustainable growth of the Turkish economy permanent by increasing the share of our companies in global value chains.