Thursday, July 12, 2007

Turkey Looks For Indian Investments

New Delhi: Turkey has chose India as a strategic partner to speed up the growth of the countr. The growing domestic market-qualified and cost-effective labour in Turkey is favourable to Indian companies to infuse in infrastructure development and manufacturing. Turkey is enhancing the role of private sector in the economy by setting up the key markets to competition and regulation by independent agencies. Indian investors have lot of opportunities in Turkey as the country has initiated structured reforms in public sector, social security, financial sector and tax structures. Improved investment environment and accelerated privatisation in Turkey will provide Indian companies an access to the EU, Central and Eastern Asian markets.

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