Turkeys construction, textiles, automotive and appliance companies might benefit from the expected expansion in the Iranian economy, which might accomplish double-digit growth figures in the coming years.
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The global history of development reminds us that all rising economic powers tried to penetrate the European and American markets at some point along their particular trajectory, and Turkey is no exception to this rule.
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The timing of the critical visit by President Recep Tayyip Erdoğan to Tehran this week corresponded with a very sensitive regional and international conjuncture.
The popular claim that Turkey is moving away from NATO and its alliance with the West derives from the country's polarized political landscape and the opposition's anti-AK Party sentiments
TANAP will fundamentally change the energy equation in Turkey. They will also carry peace, security and stability from the Caspian to the heartlands of Anatolia and on to Europe, thereby constituting the groundwork for the formation of a more integrated regional political economy.
The spring issue of Insight Turkey invites individual paper contributions that address Turkey's energy security relations within the changing dynamics of regional security system.
If TANAP and Turkish Stream successfully create the expected synergy, Turkey will become both a regional energy hub and a major player in global energy diplomacy.
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The reconciliation process has been one of the vital components of Turkey's economic ascendancy in the last decade through its major support mechanism for politico-economic stability and improved relations with neighboring countries in the Middle East.
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This analysis focuses on the concept of energy supply security and SGC project that have been developed to provide energy supply security with Turkmenistan, Iran, KRG, and the East Mediterranean.
This study is an attempt to analyze these energy relations which have come into play as a new parameter in the relations between Ankara and Erbil.
In the history of Turkish-Israeli relations, the Palestinian Question played a critical role and regardless of the political leaning of the administrations in Turkish governments, reacted to the unproportional use of force in the region.
This analysis will outline political aspects of the current negotiations in Cyprus, examine the positions of the actors directly or indirectly involved in the issue, and assess the present and the future of the resolution process.
The recent events that took place in China's Xinjiang Uyghur Autonomous Region are attracting further attention to the Uyghur question and ethnic conflict in the region.
China is ruled by a regime blinded by rich anger and has determined to adopt unpeaceful regional plans and strategies behind the efforts to assimilate diversities and eliminate opponents in East Turkestan.
The United States that had actualized the Marshall Plan to rebuild Europe at the end of the Second World War, today, with the Marshall Islands vote, trapped the Middle Eastern politics between a political rock and a hard place.
Turkey is enthusiastic to playing a driving and constructive role in transportation of the Caspian, Middle Eastern and Central Asian hydrocarbon resources to Europe and World Markets.
On July 13, 2009, an intergovernmental accord on the proposed Nabucco gas pipeline was signed. The 3.300 kilometer long pipeline will transport Caspian, Iraqi and likely Iranian gas in the future depending on the changing situation and its relationship with the USA, and to a lesser extent Egyptian natural gas resources, via Turkey to Austria. The Turkish leg of the pipeline will be 2000 kilometers long.Given that the pipeline is designed to export non-Russian Caspian resources – Azeri, Kazakh, and Turkmeni - to European markets, thereby, diversifying energy supplies for western energy markets, several European states and the US have supported this project. The project is planned to become operational in 2014 with an estimated cost of 7.9 billion euros (10.6 billion dollars). In addition to enhancing its energy corridor role, the pipeline will provide significant benefits to Turkey in terms of revenues, employment, etc.
This article considers the August 2008 visit to Turkey by Iranian President Mahmoud Ahmedinejad, and analyzes relations between Turkey and Iran in general. The tensions and crises that followed the 1979 Iranian Revolution are briefly presented in order to provide a better understanding of the present state of relations. Then we draw a picture of the situation after the Justice and Development Party (AKP) came to power in 2002, bringing widespread changes to Turkish foreign policy. We also call attention to Turkey’s changing role in the regional balance of power, and to the significance of that role both in Turkey’s relations with Iran and with the United States.
Turkey has a growing economy demanding about 7% more energy each year. It's electric power generation capacity (approx. 41,000 MW) must be doubled in the next 10 years to meet the demand. Natural gas has a significant share in electricity production, which should be reduced. Domestic and renewable energies should be employed in meeting the demand. Turkey took major steps toward liberalization of its energy market. Private enterprises are expected to invest in the energy market in a timely manner. Turkey has an “energy corridor” position between the gas and oil producing countries and the importing countries. Turkey’s efforts to actualize the use of renewable and domestic sources should be supported.