TURKEY: G20'S MOST DYNAMIC MEMBER TURKEY IS ONE OF THE MOST DYNAMIC, VISIBLE MEMBERS IN INTERNATIONAL MEDIA THE G20. WE EXPECT TURKEY TO BE EVEN MORE SO IN THE FUTURE THIS REPORT IS PRODUCED AND PUBLISHED BY GLOBAL CONNECTION MEDIA SA WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENT ERDOĞAN, PRESIDENT OF THE REPUBLIC OF TURKEY: "As the G20 presidency, we attach great importance to strong, sustainable, balanced and inclusive growth"

ENERGY OF THE FUTURE The renewable energy target of Turkey is ambitious: Particularly in regard to solar and wind power, the country has great potential and investors’ appetite is quite big 02 OCTOBER 2015 Priorities at the G20 “OUR BASIC PRINCIPLE IS Summit in Turkey: INCLUSIVENESS” Implementation, investment Deputy Prime Minister Cevdet Yılmaz: “The world is growing as a whole and we cannot solve the problems we and inclusiveness face with the efforts of certain groups only”

Recep Tayyip Erdoğan merging markets that are the President of the Republic of Turkey driving power of the global economy have an increasing E role in global economic gov- ernance. Turkey, a country that has hen we met in Wash- strong links with both the emerging ington as G20 leaders countries and the developed countries, in 2008, the main issue chairs the G20 this year and also or- on our agenda at that ganizes the summit. We spoke with Mr. first summit was the Cevdet Yılmaz, Deputy Prime Minister Wglobal economic crisis. in charge of the economy, about Turk- While the leaders of the G20 countries ish presidency, the agenda of the G20 which represent 85% of the world econ- and the objectives and concrete expec- omy, 75% of world trade and a third of tations for the coming period. the world’s population may have differ- ing views on any number of issues, they To what extent the emerging markets reached a mutual understanding to act contributed to have increase in impor- jointly with respect to the crisis that was tance of the G20 Summit? affecting the whole world. With the crisis of 2008 and after- As a result, this platform which brings wards, the G20, while preserving its together the advanced and rising econ- economic and financial focus, put in world. In this sense as well as being omies around the same table to discuss its agenda issues ranging from em- an economic cooperation platform global issues began to meet regularly at ployment to economic development. G20 also has an important potential the highest level. Collective actions in these areas have to contribute to peace and global sta- We must make good use of this com- been very successful to limit the size bility. Turkey could contribute much mon understanding in order to resolve the and propagation effects of the crisis. in conflict resolution processes in the global issues before us. Moreover efforts have been made to region and is also an influential play- The steps taken by the G20 since 2008 prevent new crises in the coming peri- er who can guide the G20 countries were very productive in terms of allevi- od. However, although the world econ- during this process. ating the effects of the global crisis and, omy advances in the right direction, more specifically, made the global finan- we see that economic recovery of the In the short and medium term, what cial system more resilient. recent period has not reached the de- are the responsibilities and the main The existence of strong coordination sired levels, and that after the crisis we points of the agenda of the G20? between leading economies of the world have entered a new phase. This new To solve existing global econom- on financial and macroeconomic issues phase, which is characterized primar- ic problems, we must have the deter- today is due, to a large extent, to the G20. ily by growth rates being below long- mination, effective coordination and Our long-term goal now must be to take term average growth rates, has made powerful structural reforms. The G20 necessary measures to prevent crises in the role of developing countries in countries have proven their power and the future and to provide an institution- global economic governance impor- effectiveness in development of solu- al structure for global economic coopera- tant. In this new stage, the G20 vision tions to world crises and in giving di- tion. should aim to include all population rection to the global economy. How- As Turkey, we determined three prior- strata in the development and eco- ever growth is weak and vulnerable, ities when taking over the Presidency of nomic growth at the global level and unemployment remains at high levels the G20; implementation, investment and evolve to put in the centre the policies and inequality increases. The low level inclusiveness. that developing economies may also of trust continues to hamper consump- We believe that the most effective implement to some extent. tion and investment. For these rea- way to realize robust national and global sons, the primary responsibility of the growth is to establish stability and confi- What is the importance and what are G20 should be to continue working for dence. the points that differentiate the Turkish the development of policies that could To do this, the commitments that have G20 presidency? accelerate global growth. In this sense, been made must be implemented effec- As a developing country, to voice during the presidency of our country, tively. the problems of countries and groups an effective framework for implemen- If we implement the growth strategies that are not represented on the plat- tation of growth strategies has been accepted by the G20 members last year, form of the G20, in formulating the developed, and this framework also in- we can expect to achieve an additional priorities of its G20 Presidency Turkey cludes significant structural reforms. 2.1% growth by the year 2018. emphasized the importance of “inclu- Given the lack of investment in the siveness”. world, concrete and ambitious invest- This will mean an additional 2 trillion "WE BELIEVE THAT THE MOST On our G20 energy agenda, we specif- dollars for the global economy. ically discussed the problem of access to One of the most important devel- ment strategies were developed. In ad- EFFECTIVE WAY TO REALIZE opments of Turkey’s G20 presiden- dition, in the short and medium term, In Antalya, we plan to approve a re- ROBUST NATIONAL AND GLOBAL energy in Africa and focused on contrib- port that indicates the implementation of uting to greater cooperation between the cy was the creation of a new engage- our agenda includes important issues GROWTH IS TO ESTABLISH our growth strategies based on a concrete G20 countries and African countries on ment group Women-20/W20 within such as employment and the reduction timeline. STABILITY AND CONFIDENCE" this subject. the platform of the G20. Similarly, as of the gap between men and women In this way, we will be able to show to In addition, we prepared a framework the country with the youngest popu- regarding participation in the labour the world that we stand by our commit- to further deepen the dialogue between lation in Europe, we attach particular market and the accomplishment of In- ments and follow up on our decisions. low income developing countries and the importance to youth unemployment, ternational Monetary Fund reform. In the meantime, we are also aware of G20 to ensure a robust contribution from which is a problem encountered es- the growing need to support infrastruc- the G20 for achieving the 17 Sustainable pecially in developing countries, and What is the cyclical importance of Tur- ture investments for robust and sustain- Development Goals adopted at the UN De- we also wish to increase young peo- key’s hosting the G20? able growth. velopment Summit. ple’s participation in employment and Turkey is able to understand the That is why investment is one of our pri- We made progress on many issues on education. The member countries of sensitivities and needs of both groups, orities during our presidency of the G20. our agenda ranging from food waste to in- the G20 should consider Turkish pres- and thus represents a work platform It is estimated that around 70 to 90 tril- frastructure investment needs of develop- idency as a chair that seeks to make that meets all these aspirations. Due lion dollars will be needed for global in- ing countries. the G20 more and more important for to its geopolitical position and its cul- frastructure investments until 2030. As part of our inclusiveness agenda, people that are outside the G20, which tural and historical ties, Turkey is fac- Therefore, it is vital that the private and greater share from increased economic we carried out significant efforts in order is trying to find ways to ensure the par- ing some issues that have an impact the public sectors work together to meet prosperity. to ensure the integration of SMEs to the ticipation of all strata of the society in on the world financial and economic financing needs for these global infra- In addition to the goal for increasing global economy. economic decisions and processes. The system, long before these issues reach structure investments. women’s participation in the labor force We led the establishment of the World world is growing as a whole and we the world financial and economic sys- In Turkey, we have witnessed the very adopted by the G20 last year, we also SME Forum in İstanbul with the Interna- cannot solve problems with the efforts tem. The issue of refugees is an excel- positive results of the productive collabo- reached agreement on the goal for reduc- tional Chamber of Commerce. of certain groups only. It is our wish lent example in this sense. On this is- ration between the public and the private ing youth unemployment this year. This forum will provide the SMEs with that this approach and this perspec- sue and others, Turkish presidency of sector. In this context, G20 countries com- a stronger means to express their views tive persist in the coming years in the G20 made known publicly the prob- If we succeed in creating such an effec- mit to reducing the number of youth who globally. G20 platform, which is one of the best lems of a broad group of stakeholders; tive cooperation by bringing together the have low skills qualifications or are em- This year, important issues such as examples of global solidarity. our responsible and sensitive attitude dynamism of the private sector with the ployed in the informal sector by 15% un- trade and climate change are on the glob- On the other hand, Turkey is is also widely appreciated by many in- investment needs of the public sector, we til 2025. al agenda. We believe that progress can neighbouring with countries that are dependent organizations and by many can revitalize global infrastructure invest- I believe this to be an important step be made and solutions may be developed sources of political problems in the non-G20 countries. Ü ments. to ensure more inclusive and sustainable for many of these issues if the G20 acts to- With this understanding, we asked G20 growth for our economies. gether. countries to develop concrete and com- Similarly, we initiated Women 20 (W- This is our goal as President of G20. prehensive investment strategies. 20) – whose establishment I strongly sup- G20 is the most important internation- At the Antalya Summit, we shall dis- ported – within the G20 for strengthening al collaboration platform that convenes cuss, as G20 leaders, our strategies for in- women’s role in the economy. advanced and rising economies as equal Chairman Editors Advertising Coordinator Burhan Ozkan Handan Acan Tunc Altinbas frastructure investments as a whole. Furthermore, when we speak of inclu- partners. Publishing Director Nilgun Yilmaz Project Manager Another priority for us is inclusiveness. siveness, we are not only speaking of es- Our goal this year was to make this Mehmet Aktop Designer R. Ali Zincirkiran General Coordinator Arzu Kaya Digital Marketing Turkey, as the president of G20, adopt- tablishing more inclusive economic struc- platform more inclusive to ensure that M. Onur Taysu Contributing Journalists Kurtulus Ozturk, Anil Gul Deputy General Aidan McMahon International Media ed inclusive growth, in addition to robust, tures within the G20 countries. more people in our countries and globally Coordinator Erhan Aslanoglu Coordinator took ownership of the steps taken by G20. İsmail Burhanoglu Operations Manager Sergey Shevchenko sustainable and balanced growth, as one We also intend inclusiveness on a glob- Director Berna Guzelce of the fundamental goals of the G20. al scale. With this understanding, we aim to is- Bernard Jahrmann Regional Coordinator Banu Zeynep Kotan We attach special importance to elimi- During our presidency, we paid special sue a robust and more inclusive message nating rising inequality as well as ensur- attention to including low income and de- of global cooperation to the world at the ing that disadvantaged groups, and es- veloping countries from different parts of G20 Leaders Summit in Antalya on 15-16 Headquarter: Rue de la Mercerie 12 CH-1003 Lausanne, Switzerland. TEL: +41 21 311 64 84 pecially women and the youth, receive a the world in our work. November 2015. Ü Turkey Contact: Tekfen Tower Kat.8 Buyukdere Cad. No.209 4.Levent 34394 Istanbul, Turkey. Tel:+90 212 371 84 44 UAE Contact: Emirates Towers Level.41, Sheikh Zayed Road, PO Box 31303, Dubai, UAE. Tel: +971 4 313 28 21

www.gcmediagroup.com Creatively cooperated with Day Dreamers Ltd. **All materials strictly copyright and all rights are reserved. OCTOBER 2015 03 G20 Summit Antalya, Turkey, November 15-16 The Tenth meeting of G20 heads of state and government will be hosted under the presidency of Turkey for the 2015 term. Following a full year of preparations, world leaders will come together at the G20 Leaders Meeting in Antalya, Turkey, on November 15-16.

he G20 platform was formed country for Azerbaijan. Azerbaijan will because of a need for coordi- appear this year in the decision-making nated decision-making and mechanism of the G20." action on a global scale, par- Other countries invited in previous years ticularly in relation to the are: Spain (Permanent Guest), Singapore (as Temerging markets. The need arose in it is a global financial centre), Malaysia (due the wake of the 1998 Asian financial cri- to its ASEAN Presidency for the term), Zim- sis, which adversely affected not only the babwe (due to its African Union Presidency G8 countries, but the world economy as a for the term) and Senegal (due to its NEPAD whole. Today, the G20 represents not only Presidency for the term). the largest 20 economies, but its diversi- ty is also a representation of the popula- G20 engagement groups tion and geography on a global scale. It One of the main aims of the G20 is to provides a broad setting for the discussion reach larger audiences by gathering dif- of monetary and fiscal policies, as well as ferent segments of society together to pro- energy, trade and investment issues. The duce more comprehensive solutions. The G20 includes Argentina, Australia, Bra- G20 turned its satellite activities into reg- zil, Canada, China, the European Union, ularly organised events in 2009 when rep- France, Germany, India, Indonesia, Ita- resentatives of the business world met for ly, Japan, Mexico, Russia, Saudi Arabia, consultations at the Toronto summit. Since South Africa, South Korea, Turkey, the then, players from different segments have United Kingdom and the United States. been grouped into six different categories: G20 member states represent 85 per B20 (Business-20), C20 (Civil-20), L20 (La- cent of the world economy, 75 per cent of bor-20), T20 (Think-20), Y20 (Youth-20) world trade and two-thirds of the world and W20 (Women-20). Every year, the G20 population. It plays a major role on the Presidency appoints a lead coordinator for economic front, bringing together both each of these subgroups. These appointed developed and emerging economies from lead coordinators organise various events different continents on a single, compre- every year with the leading experts in their hensive international platform. The host field in order to develop policy suggestions country for the summit assumes the pres- to be submitted to the G20 leaders. With idency for the term, as well as organises the contributions of these subgroups, the all G20 activities. The troika formed by the G20 has become a more transparent, com- previous, current and upcoming presiden- TURKEY'S G20 PRESIDENCY 60 meetings at various levels, accommo- tions that assisted in this coordination are: prehensive platform that is a better repre- cies aims to ensure the continuity of the IS NOT ONLY A REFLECTION OF dating close to 60,000 visitors from De- the Directorate of Inspection at the Prime sentative of its constituents. G20 agenda. ITS POLITICAL AND ECONOMIC cember 1, 2014 until now. Approximate- Ministry; the Ministries of Foreign Affairs, Since Turkey assumed the G20 pres- ly the same number of visitors will be Economy, Finance, Labor and Social Secu- idency this year, the 2015 G20 Leaders ACHIEVEMENTS, BUT ALSO AN Turkey's G20 presidency accommodated during the summit. The rity, Food, Agriculture and Livestock, Cul- Summit will be held in Antalya. Antalya The G20 agenda was quickly institu- ACKNOWLEDGMENT OF ITS summit is important because of the deci- ture and Tourism; the Under secretariat of was chosen because the city offers a large tionalised when the first summit was held PLACE IN THE GLOBAL SYSTEM sions that are expected to be taken at the Treasury and the Central Bank of Turkey. variety of accommodation options, trans- in 2008. This tradition has since continued highest levels. Host countries have the right to invite portation and other logistical infrastruc- and the number of meetings organised Throughout the year between each sum- one country of their choice as guest to ture facilities. Other key features are its per term has continuously increased. Tur- mit, many proposals are raised at the inter- the summit every year. With this in mind, magnificent bay view, the countless cul- key's G20 presidency is not only a reflec- im meetings, which then need to be decid- Turkey has invited Azerbaijan to the G20 tural and natural attractions this beau- tion of its political and economic achieve- ed upon by the G20 leadership. Under its Summit. Recep Tayyip Erdoğan, Presi- tiful port and mercantile city has on the ments, but also an acknowledgment of its presidency for the term, Turkey has tasked dent of the Republic, announced the in- Mediterranean coast, and the great poten- place in the global system. During its G20 Deputy Prime Minister, Cevdet Yılmaz to vitation of Turkey in speaking thus: "We tial to promote the country in the interna- presidency, Turkey has hosted more than coordinate all G20 activities. Other institu- used the right granted to us as the host tional arena. Ü

Turkey: R&D center of the world

R&D incentives, qualified talent in Turkey. The company is still discuss- ing its plan with officials. Furthermore, and economic stability have German software giant SAP has also WHY THEY COME been drawing the think tanks started to work on plans to open an R&D of global giants to Turkey. Qualified talent is important centre in Turkey, one that would employ Turkey’s young and qualified population has a staff of 300. Another example is Toyo- The number of R&D centers played a huge role in the development of R&D ta, which is expected to build one to de- centres. Besides the country provides advan- in Turkey has increased to velop its new models. tages in terms of rapidly expanding infrastruc- 141 from 20 over the last five ture and logistics. In addition, thanks to the incentives provided by Turkey, manufacturers op- years. More than 50 foreign Economic stability is also important erating in various industries, such as companies including Siemens, Thanks to the economic stability Turkey has machinery and agribusiness are now Ford, Bosch and General enjoyed over the years, many successful, next generation technology firms have emerged. focusing more on R&D investments and Electric have moved their Turkey leads Europe in the world of finance. filing patent applications. R&D centers to Turkey. More Some European car plants are located in Tur- companies are on the way... key. There are also brands that service the Eu- Turkey's global giants: rope, Middle East and Africa (EMEA) market in Vestel, Arçelik and Beko the area of consumer electronics. Turkey's global brands in durable Incentives are attractive consumer goods, Arçelik and Beko are Iceland and Turkey have witnessed the high- among the top 10 brands in the world lobally, production has been est growth rate (10 per cent annual average) and are competitive on a global scale in shifting from West to East in R&D expenditure since the early 2000s. terms of R&D. Between them two Koç and from developed coun- The incentives provided to R&D amounted to Holding companies now operate eight tries to emerging ones and six billion Turkish lira in 2013. Right now, only R&D centres in Turkey. Employing over Turkey has been a key ben- a handful of countries provide incentives as 1,000 people, these companies develop Geficiary of this move. generous as Turkey does. innovative products to meet customer Turkey is increasingly allocating more demands across the region and global- time and resources to areas such as re- ly. It has developed customised refrig- search and development, design and erators and washing machines for the branding. In 2012, Turkey's R&D expen- Ford is among the top and applications at its Gebze R&D cen- General Electric Chinese market; pizza ovens for the Ital- ditures exceeded 13 billion Turkish lira. three in the world tre. This is the first building in the coun- invests $900 million ian market; and solar powered refriger- Meanwhile, the number of R&D centres A key research and development inves- try to receive a LEED Gold certificate and One of the nine engineering centres ators for regions without any electricity in Turkey has increased to 141 from 21 tor, Ford has invested 600 million Turkish it is fully compliant with the highest en- of GE in the world, the Turkish Tech- in South Africa. over the last five years. This growth in Lira in Turkey to open its third R&D cent- vironmental standards. nology Center (TTC) has grown thanks Vestel, a Zorlu Group company, makes R&D not only encourages domestic com- er. Nearly 1,300 Ford Otosan engineers log to investments in aviation research, de- model investments at its R&D centre, panies, but also attracts foreign corpo- more than three million hours of engi- Bosch exports R&D from Turkey velopment and innovation work. GE has which was built with national and inter- rations. The incentives given by Turkey neering service a year at the centre. Bosch has invested €35 million in built this new engineering centre as national project partners in line with its for patent-oriented R&D projects are at- high tech research at its research and part of its $900 million investment plan principles of sustainable development. tracting the think tanks of global giants. Siemens' think tank in Gebze development centre in Bursa, making it in Turkey. The company uses cutting edge technol- Siemens, Ford, Bosch, General Electric Operating in 190 countries, Siemens its second largest R&D centre in diesel ogy and systems, as well as leverages its and more than 50 other major corpora- runs R&D centres in eight countries and systems. In 2013, its headquarters ap- New centres to open close ties with universities. It employs tions have moved their R&D centres to has recently unveiled its 14th facility in plied for four patents and received two. Samsung, known for having an R&D an engineering staff of 800. Vestel is Turkey. Toyota, Samsung and SAP are Turkey. Siemens develops mainly ener- The Diesel Systems R&D centre has re- budget in excess of $10 billion, has given among the few leading companies man- expected to follow. gy and industrial automation products ceived 17 patents to date. the green light to open an R&D facility ufacturing LCD TVs in Europe. Ü 04 OCTOBER 2015 THE NEW BRAND OF NEW TURKEY Meet the new brand of Turkey. Reflecting its hard-earned strength with its rich historical heritage, Turkey's new brand: "Turkey. DiscoverthePotential" invites everyone to discover its wealth of possibilities.

urkey is not just one of the minimalist contemporary art the top 20 economies in of the West. the world, but also an in- separable element of the Not only a brand values that constitute the but also a proposal Tcommon heritage of humanity and Thanks to this new identity, Tur- history. That is why Turkey took on key has acquired value to promote the challenge three years ago to de- itself based on the qualities of its velop a new brand to reflect its ex- stakeholders. The logo was inspired isting historical value with a com- by the cultural motifs used by the mon statement. The decision was Anatolian civilizations in their tap- to design a common logo or slogan estry (kilims), handicraft and archi- that will appear on every product tecture throughout history, giving it made in Turkey, and the Turkish that universal appeal. Exporters' Assembly was author- The logo hints at the rich heritage ised to oversee the process. of modern-day Turkey: it features London-based Saffron Brand kilim motifs, called "Hands on Hips," Consultants was commissioned to passed on through the ages from coordinate the creative work for the Mesopotamia and Central Asia; Kuf- logo. However, all public enterpris- ic calligraphy, an art form the Seljuks es, ministries, NGOs and Turkey's mastered and the most elegant her- leading corporations also partici- itage of the Islamic civilisation; and pated in the process as stakehold- ceramic tiles that demonstrate the ers. The new brand imagery was to refined spirit and finesse of Otto- be all-encompassing, acknowledg- man art. These three elements were ing everyone who genuinely owned merged with the eight motifs im- and took part in the process. bued from the common heritage of Right time, right Anatolian civilizations using a con- Authentic motifs temporary interpretation. contemporary perspective The eight motifs in the logo sym- The slogan selected for the bolise the following: rise, synergy, graphic alternatives is: “Turkey. the world, a meeting point, the East economic vision DiscoverthePotential.” This is a and West, innovation, unity and har- highly illustrative slogan, easily mony. Turquoise was selected as As the president put forward Turkey's vision for this year's meeting, at the right understood at first glance and suit- the logo's base colour. The interna- time and in the right frame. Turkey, more participatory, more employment, able for every industry, product tional authority on colour, Pantone, investment, and hence sustainable growth laid out a perspective highlighting. and service. picked turquoise as the colour of Turkey brand will add value to 2010. In Turkish culture, turquoise every product label from figs, TV symbolises the colour of the millen- sets, leather jackets, olive oil, bi- nium. In fact, the word "turquoise" cycles and ceramics. The logo was is derived from the colour of the PROF. DR. ERHAN ASLANOĞLU to marry Turkey's thousands-of- ceramic tiles in the Blue Mosque. PİRİ REİS UNIVERSITY, DEPARTMENT OF years-old cultural heritage with its Westerners who visited the mosque ECONOMICS AND FINANCE vision for the future. liked this colour so much that they Everybody loved the logo, the re- named it "turquoise," meaning ntalya is welcoming the sult of painstaking work. Nothing Turkish blue. The word "turquoise" heads of state from the G20 in the logo was left to chance. The is also used for the greenish blue countries, which account Turkish and Islamic civilisations semi-precious gemstone known as for 85 per cent of the world’s were a great source of inspiration “firuze” in Turkish. This gemstone GDP, 75 per cent of global for the design. Gold, turquoise and is an integral part of the archi- Atrade and nearly two-thirds of the world’s blue are its basic colours, blending tecture of Khorasan, the cradle of population. G20 countries have begun to the spiritual view of the East with Turkish culture. Ü meet periodically at the head of state level following the 2008 global crisis. This year’s meeting coincides with a period of exceed- ingly crucial developments in the world economy. G20 countries convened imme- diately after the 2008 global crisis, playing a critical role in preventing a deeper crisis and achieving start of growth in the econ- Turkey has one of the most dynamic economies with the highest growth omies. A common will emerged with re- potential among the G20 countries gard to synchronised implementation of monetary and fiscal policies, and propos- al and application, albeit partial, of some DURING A TIME OF CRUCIAL in a positive way. First of all, nearly 25 per structural measures. Nevertheless, despite GEOPOLITICAL DEVELOPMENTS cent of Turkey's population are in the 0-14 accomplishing growth at this point, there IN THE MIDDLE EAST, ANTALYA age group, in other words, they are consid- remains the issue of its sustainability, and SUMMIT BECOMES EVEN MORE erably young. Even if the population be- overcoming the output gap, in other words, IMPORTANT UNDER THE TERM gins to age in 2050s, it will continue to be a higher potential production than demand, country with a younger population on av- PRESIDENCY OF TURKEY throughout the world. erage. Another important point is the ben- On the contrary, in the past year, we efits that falling commodity prices can of- have been going through a period of low- fer. In the past decade, high energy and ered growth projections in the world econ- commodity prices have been among the omy and vital developments that cause most substantial reasons of the current this. The growth rate of China's economy account deficit, pressure on the exchange headed below seven per cent and by exten- rates and inflation in Turkish economy. sion, global trade slowed down as the most The fall in commodity prices offers a great important developments. Another crucial opportunity to lower the current account The eight motifs symbolise these concepts: rise, synergy, the world, a meeting point, factor was falling commodity prices due to deficit, inflation and interest rates in Turk- the East and West, innovation, unity and harmony the decline in the demand that the Chinese ish economy. Naturally, the global econ- economy creates. Decreasing commodity omy must also create an environment to prices such as oil, copper and chrome are support to goals. It is hard to estimate the pressing the countries that produce them, on closing the output gap and sustainability timing; however, it is highly likely for Turk- as well as speeding up globally falling de- of growth, it will be necessary to discuss and ish economy to enter into a period with mand. There are signs of possible reversal take concrete steps regarding some of the low inflation and interest rates, and higher of the growth cycle that has been created more fundamental structural problems. than average investments and production with the fast growth in China along with High borrowing throughout the world is growth as at the beginning of the 2000s. rising global trade and commodity prices preventing sufficient amount of demand In conclusion, the G20 leaders are going since the beginning of 2000s. to be created. Another obstacle standing in to come together in Antalya to hold one of Add to these, the problems experienced the way of demand increase is the rising in- the most critical meetings on the state of the in the Eurozone and the liquidity issues that come and wealth inequality. Demographic global economy since the 2008 global crisis. some countries have begun to feel follow- developments such as aging populations With the vision it presents as the president ing signs of interest rate hike by the Fed, or higher health spending are preventing for the term, Turkey is setting a framework and you have more arguments about the demand increase in many products. As that can provide help in solution of the is- output gap and sustainability of growth in the president for the term, the vision Tur- sues. Turkey has one of the most dynamic WHAT INSPIRED THIS? the world in general. Many of the leading key has set out for this year's meetings has economies with the highest growth poten- ¡ Turkey has been home to 33 civilizations, each has left an imprint indicators are reaching the gloomiest levels the right timing and the right framework. tial among the G20 countries. Falling com- since the 2008 crisis. Furthermore, crucial Turkey has presented a more participative modity prices can also be a distinguishing ¡ The trade capacity linked to the historical Silk Road is a definite advantage political and geopolitical developments are perspective that highlights more employ- factor for Turkish economy in the coming ¡ Turkey is like a gate that connects the wealth and mystery of the East with the West taking place, particularly in the Middle East. ment and investment, and thus sustaina- period. During a time of crucial geopolitical ¡ The people of this magnificent land lived in a rich, cultural geography thanks to the Under these circumstances, the G20 sum- ble growth. It has prioritized implementa- developments in the Middle East, Antalya Ottoman Empire, one of the three empires that would reach the 20th century. Peo- mit in Antalya becomes more paramount tion of the policies on which a consensus summit becomes even more important un- ple were able to develop acumen for doing business with every culture from East to due to the need to produce coordinated pol- has been reached. der the term presidency of Turkey since it West and North to South icies with regard to solving these problems. The coming period bears significant fac- can have weight in determination and solu- ¡ A modern secular state, the Republic of Turkey helped set an example In addition to monetary and fiscal policies tors that can distinguish Turkish economy tion of the issues. Ü to the rest of the world OCTOBER 2015 05

The data points to quite a lively era in terms of renewable energy sources in Most dynamic Turkey in the coming years and prominent member of G20 Turkey is one of the most dynamic, visible members in the G20. We expect Turkey to be even more so in the future. Why?

Turkey performed a major structural overhaul of its financial industry, making it more resilient against future financial crises

Illustration: Cem Kıızıltuğ Illustration: ENERGY OF THE FUTURE The renewable energy target of Turkey is ambitious: Particularly in regard to solar and wind power, the country has great potential and investors’ appetite is quite big.

here is currently a popular se- the future of the planet. Accordingly, the ries on TV called “Revolution.” sustainable development policy is being It features a dystopian view of implemented by expanding it to a diverse a world suffering from a lack of range of areas such as know-how sharing, electricity. Fictional as it may financing, project development, R&D op- Tbe, the series still makes a point - and one erations, incentive mechanisms and cor- on which the entire world is working at porate organization. the moment: the diversification of energy sources. The world is projected to run out Benefits in both solar of known oil reserves in about 50 years, and wind energy natural gas reserves between 63 and 119 Among the main goals for 2020 is to in- years, and coal reserves between 119 and crease the amount of carbon absorbed by 176 years. The solution against fossil fuels forested areas. The aim is to increase this is renewable energy. amount by 15 per cent compared to 2007 Norway and Sweden are leading the levels. There is no reason for Turkey not way in renewable energy efforts in Europe, to achieve these objectives as it enjoys a which plans to obtain 20 per cent of its en- high potential in wind, solar and hydroe- ergy need from renewable energy by 2020. lectric energy sources. For instance, Tur- In the US, 14.3 per cent of the electric en- key receives a lot more sunlight when ergy consumed in the first six months of compared to European countries. Turkey 2014 was obtained from renewable sourc- has a 380-billion kWh solar energy poten- es. The US plans to obtain 20 per cent of its tial with an average annual solar radiation electricity from wind and solar sources by of 1,311kWh. The areas and cities with the 2030. Studies show that the entire global highest solar radiation are the Southeast- energy supply could be obtained from re- ern Anatolia and Mediterranean regions, newable energy by 2050. and Konya and Karaman, respectively. Wind is Turkey’s other renewable ener- he world economy went had emerged as serious players, sub- Turkey’s action plan is ready gy resource. Turkey has an installed wind through a dramatic struc- stantially changing the outlook of the Turkey’s goals are ambitious as well: To power plant target of 20,000MW by 2023. tural transformation dur- world economy. DEEPLY ROOTED PARTNER: reach an installed capacity of 20,000MW Currently, Turkey produces nearly eight ing the post-1980 globali- UNITED KINGDOM in wind energy by 2023, and 600MW in billion kWh of electricity from wind pow- sation period, turning the From 2001 to present day A friendly relationship, growing trade solar energy and 600MW in geother- er plants annually. This amount accounts Twhole world into a free market soci- The G20 was officially established and increasing investments between the mal energy in 2015. for three per cent of Turkey’s annual elec- ety with the adoption of liberal eco- in 1999 with Turkey as one of the United Kingdom and Turkey have created Meanwhile, the tar- tricity consumption of 260 billion kWh. So, nomic principles. Major players be- founders. At that time, the aim was an excellent dynamism within the G20. TURKEY IS get in hydroelec- the investment potential is huge. Thus, in- hind this process (mainly led by to monitor and evaluate financial de- The story of friendship and alliance be- PREPARED TO tric energy is to use vestments in wind energy have picked up Europe, which teamed up with the velopments in the Far East during tween the UK and Turkey goes back to TAKE ON ITS the entire current speed in recent years. The cities of Balıkesir, US/EU) were: Russia (who integrat- the post-crisis period (1997-1998), the founding years of the Turkish Repub- RESPONSIBILITY potential of 50,000 İzmir and Manisa hold more than half of ed with the world markets after the and later in Russia and Brazil. Today, lic, and relations have been improving FOR THE FUTURE MW in Turkey. With Turkey’s wind fields. With a current hydro- fall of the USSR), China (who opened the G20 countries account for 85 per ever since. There are many British com- GENERATIONS OF a projected energy electric potential of 216 billion kWh, Tur- itself up to the world), and Brazil cent of the world economy and 80 per panies, schools and institutions in Tur- THE PLANET need of 450 billion key plans to be working at full potential by and India (who pursued aggressive cent of global trade. G20 members key. Cultural and economic relations are kWh by 2023, Tur- 2023. As it is, Turkey uses only 33 percent growth models). Turkey also gave up collectively account for two-thirds of very good, and today thousands of Brit- key’s action plan is of this potential, and its next five-year plan its protective policies after the 1980s the world population. The G20 of to- ish citizens own real estate in Turkey, not ready. Pursuant to the Climate Change includes utilizing an additional hydroelec- and, thanks to its export-led growth day shapes not only global policies, just in the large cities but in all corners of Action Plan 2011-2023, Turkey is going tric capacity of 10,000 MW. With an estab- model, has been able to integrate but also represents a large portion the country. In addition, Turkey is a major to develop a policy according to the prin- lished HPP power of 22,000MW in 2013, with the global economy. of the world economy. Turkey is one supplier for the UK in many industries, ciple of “common, but differentiated re- another 10,000MW hydroelectric invest- including apparel, food and automotive. The real momentum, however, of the most important players in the sponsibilities” and within the scope of ment is expected. The total trade volume between the two would not pick up until Turkey es- G20. It has a growing economy and special circumstances of the United Na- The data points to quite a lively era in countries was $15.8 billion as of the end tablished its political stability in the a substantial demographic, political tions Framework Convention on Climate terms of renewable energy sources in Tur- of 2014. This volume could easily grow to early 2000s. We expect this uninter- and strategic weight. Change. “Sustainable development” is a key in the coming years. This is because $20 billion in the near future. rupted stable growth trend, which Turkey experienced a devastat- key term for Turkey. This is because Tur- the way to achieving the objectives for the has been occurring since the 2002 ing financial crisis in 2001, but was key is a growing country with goals, and year 2023 is to raise the current capaci- elections, to continue in the medium able to turn the situation around. it does not have the luxury to compromise ty and increase investment. Thus, an en- term. The country re-achieved stability from its growth targets. Nevertheless, it is ergy investment of $130 billion is project- The G8 platform was not equipped very quickly, thus creating a success prepared to take on its responsibility for ed by 2023. Ü to address the issues of the new era. story envied by the rest of the world. In addition to the US/EU and Russia, Turkey performed a major structur- that helped fortify its financial indus- other major markets such as Turkey al overhaul of its financial indus- try after 2001. The country sustained try, making it more resilient against its stable growth trend and achieved future financial crises. During the improvements in employment and TURKEY'S ROLE AND WEIGHT EU harmonisation process, Turkey foreign trade. Also, Turkey has been HAVE BEEN INCREASING NOT achieved major structural reforms, working systematically to achieve its JUST IN ECONOMIC DECISION- improved and diversified its trade re- target of becoming one of the top 10 lations, revived its domestic market economies in the world by 2023. This MAKING, BUT ALSO IN REGARDS 20.000 activity, established and pursued a means the country’s position in the $130 Projected energy TO THE PLATFORM OF REGIONAL firm monetary policy, and achieved G20 will be stronger in the future. Turkey’s installed AND INTERNATIONAL POLITICS investment in MW wind power plant export-led investment growth. In Furthermore, Turkey's role and billion Turkey by 2023 target by 2023 this way, it was able to earn a special weight have been increasing not just place within the G20. in economic decision-making, but also in regards to the platform of re- A democracy with gional and international politics. Lo- Muslim majority cated at the centre of a constantly 1.311 Why is Turkey one of the most im- changing political landscape that is 216 billion portant members of the G20? Tur- frequently plagued by international key's unique track record, experience conflicts and unrest, Turkey not only Turkey's current kWh and success set a vital example. For sets an example of a modern and kWh hydroelectric Turkey's average annual example, it was the only G20 coun- democratic Islamic country, but also energy potential solar radiation try hardly affected by the 2009 fi- acts as a mediator between the East nancial crisis, thanks to the reforms and West. Ü 06 OCTOBER 2015 Britain finds Sakıp Sabancı Museum favour in Turkey With the 2015 G20 Summit in Antalya around the corner, it is a good time to consider the opportunities available to British businesses in Turkey.

the areas of healthcare and education. In the AIDAN MCMAHON former, the need for language instruction for Turkish medical professionals is a key area fter having assumed the presi- of activity, while the development of dozens dency of the G20 from Austral- of new medical campuses across the country ia in 2014, Turkey has repeatedly presents planning and facility management A declared its commitment to cre- opportunities for UK firms. Research support ating more sustainable economic growth on for Turkey’s burgeoning pharmaceutical in- MUSEUMS an international level. Its recovery following dustry is also an interesting proposition, with the 2008 financial crisis was impressive com- an almost 40 per cent increase in sales. pared to many developed economies, largely In finance, the growth of British-Turkish OF TURKEY led by a strong domestic demand and a rela- economic integration was furthered by the tively well-regulated banking sector. An av- January 2015 announcement of an agree- Visiting museums is the fastest way to getting to know erage GDP growth of six per cent was main- ment between the London Stock Exchange a country. Museums that shed light on Anatolia's tained up until 2013, and during this time, the and the Borsa Istanbul, to allow trading in colorful and rich history and also award-winning UK was its largest inward investor. The variety of sectors from automotive to futures and options. Elsewhere, big British agriculture receiving investment reflects the contemporary museums provide this opportunity. The Turkish market offers a range of at- diverse nature of the Turkish economy as a whole names in the telecommunications sector tractions for British investors. The UK gov- have achieved notable success, with Voda- ernment has identified its youth population fone emerging as the second largest inward of almost 40 million, 700,000 graduates per investor in Turkey in 2014. urkey is like an outdoor museum in every aspect. From Ephe- year, and the increasing use of the English has provided investors with opportunities. The British government’s fostering of clos- sus to Troy or Mount Nemrut to Hasankeyf, it is possible to language in business as positive long-term Turkey is also a critical energy corridor er economic relations with Turkey has been witness history in all corners of the country. Turkey also indicators. Over 2,500 British companies are for Europe, providing an overland route for largely successful over recent years, and is an boasts a considerable number of museums. Museums be- active in the Turkish market, including prom- Russian, Central Asian, and Gulf oil and gas approach that will likely be expanded over came popular during the Ottoman era. Today, there are 98 inent global brands such as Shell, BP, Voda- producers. The government’s stated inten- the coming decade. The country’s economic Tmuseum directorates under the Ministry of Culture and Tourism, as fone, HSBC, BAE, Aviva, Diageo, and Unilever. tion to reach an energy capacity of 100GW trajectory and government’s official targets well as 92 private museums and 1,204 private collections. Here are the British investment in Turkey amounts to by 2023, a major part of its economic goals already suggest it will realise the significant ones we believe will strike an interest in you the most. hundreds of millions of pounds annually, and for the centenary of the nation’s founding, potential it has displayed over recent years, The first museum you must visit when in Turkey: The Istanbul Ar- continues to grow year-on-year. It was second will require over £80 billion in investment. moving to take on a more prominent role in chaeological Museum was established as Turkey's first ever modern only to Germany in terms of investments in Moreover, its ambitions for bolstering the the global economy. Turkey will have a rare museum building under the auspices of painter and museum curator Turkey in 2014. The variety of sectors receiv- role of renewable energy sources in this mix chance to demonstrate the gains it has made Osman Hamdi Bey around the end of 19th century. It is one of the world's ing investment reflects the diverse nature of have offered yet more opportunities for Brit- at the November summit in Antalya, and to biggest museums, featuring over one million pieces belonging to var- the Turkish economy as a whole. The massive ish expertise in the sector. again advance commercial ties with the UK ious cultures with roots in Anatolia such as Egypt, Mesopotamia, Hit- public investment in infrastructure projects Investment potential is also abundant in and the wider world. Ü tites, Byzantium and ancient Greece. Among the must-see items are the Tomb of Alexander the Great as well as Hermes, Apollo, Okeanos and Aphrodite sculptures, and the text of the Treaty of Kadesh, is the first peace treaty ever recorded. The Museum of Anatolian Civilizations in Ankara is another note- worthy location to trace ancient civilisations. Featuring mostly Hittite works, the museum THERE ARE 98 became notable by being selected as Museum PUBLIC MUSEUMS, of the Year among 68 museums by the Euro- AS WELL AS 92 pean Museum Forum in 1997. PRIVATE MUSEUMS If you happen to travel to Eastern Anato- Business-friendly land IN TURKEY lia, do not miss the Zeugma Museum in Gazi- antep, the home of the most glamorous mosa- Anatolian land has been entwined with trading for 6,000 years: its trade history dates ics of Anatolia. You will spend more time than back to the era of Assyrian trading colonies and continues all the way to the Ottomans. you thought you would in front of the famous Gypsy Girl mosaic. You can't help but be impressed by the mental and aesthetic marvel created by humans thousands of years ago. into a de facto hub of the entire Roman trade network. Istanbul accommodated a consid- The most mysterious halls of the Ottoman palace erable number of traders from the East and Meanwhile, both Topkapı Palace and the Dolmabahçe Palace, which North, in addition to the Venetian and Geno- reflect the latest period of the empire, are the first places to visit for those ese merchants from Europe. with an interest in Ottoman history. The palace provides a complete pic- ture of the Ottomans: wars, daily life, diplomacy, ceremonies and rituals, The Ottomans institutionalised trading and the prized pieces of the treasury… Spoonmaker's Diamond (Kaşıkçı Trading maintained its importance from Elması), one of the world's biggest one-piece diamonds, is a must-see. the 11th century on, when the Turks began Now for the contemporary era: The Pera Museum in Beyoğlu, Istan- to move to Anatolia. The Ahi order emerged bul, features one of the world’s most distinguished orientalist collections, in Anatolia in this period and tremendously as well as periodic retrospectives from world-renowned names in con- transformed trading ethics and organisations, temporary art. The museum's collection also boasts a few masterpieces with its effects lasting to the present day. by the celebrated Turkish painter Osman Hamdi Bey. Caravans carried the East’s silk, spices Sakıp Sabancı Museum, located on the European side of Istanbul’s and other products to the West, which sub- Bosphorus, displays the Sabancı Family’s - a line of long-established in- sequently created the trading path known as dustrialists - one of the most significant Ottoman calligraphy collections the “Silk Road” today. Anatolia was right in in Turkey. The museum also regularly hosts international exhibitions. the middle of this road. Anatolia enjoyed its Istanbul Modern features the most comprehensive collection of most glorious era during the Ottoman peri- contemporary Turkish art, at the beginning of the 20th century. The od. This is because from the very beginning, museum pass issued by the Ministry of Culture and Tourism makes is the empire had a pluralistic, and for its peri- a lot easier for tourists. Go to museum.org.tr for information on a myr- od, libertarian character, which are prerequi- iad of museums in Turkey, and to muzekart.com for more information sites of trading. Safe passage within the bor- on the museum pass. Ü BENTA VALEN Istanbul is turning into a trade hub ders of the Empire, an institutionalised tax During the Hittite period, trading was not system and advanced laws also made trading ake a glance at the world map from as vibrant as it was during the Assyrian pe- with the Ottomans attractive. a distance and imagine a time when riod. However, the Lydian civilisation, which The Ottomans had an empire that boasted the world was not that big. Doesn't reigned during the 7th century BC, found trading relationships with almost every cor- Anatolia stand like a natural bridge something that would fundamentally change ner of the globe, from China to African coun- T the entire world of trading: Money! From this tries in the East, and from Russia to England right at the centre of the "old world," which was known long before the dawn of the modern point on, money would be used as the princi- in the West. This fact is bolstered by the Treas- age? The Anatolian lands offered roads that pal exchange tool in trading throughout the ury collection of Topkapı Palace. This collec- were favoured by trade caravans, especially world. Port cities in Anatolia expanded and tion is full of gifts sent to the sultans from during the time when transportation was ex- became richer during the era of the Persians, everywhere in the world. Newly discovered, tremely difficult. Today, it is possible to see the who had overthrown the Lydians. exotic or any other commercial commodity impact that this trading culture has had on all Along with military activities, trade would have certainly made its way through aspects of Anatolian daily life: in its language, too played a role in cultural and material the Ottoman Palace. The Istanbul Archaeological Museum Topkapı Palace its architecture, culture and religion. Its sta- changes of the East and West through Ana- tus has been greatly influenced by its position tolia during the expansion of Alexander the Mutual privileges and commercial law as the crossroads between eastern and west- Great’s Hellenistic civilisation and during Capitulations, a form of commercial trea- UNIQUE ADDRESSES ern Anatolian civilisations, mixed and multi- the Roman period. After the Roman Empire ty, are another point to be considered in terms There are some unique museums to visit in Turkey, which possesses one of cultural character. The history of trade dates was split into two, Istanbul became the capi- of the vitality they brought to trade, not only the richest cultural and historical heritages in the world: tal of the eastern Roman Empire and turned in the Ottoman Empire, but also in the entire back nearly 6,000 years. Even though the first The Bodrum Museum of Underwater Archaeology: Located inside the Mediterranean region. They were incentives systematic flow of trade began during the era Bodrum Castle, which was built in 1406. A favorite for those interested in offered to foreign merchants and investors in of Assyrian trading colonies, it is known that seamanship and diving. bodrum-museum.com the Ottoman Empire, and consisted of certain the Uruk civilisation, which existed between THE OTTOMANS HAD AN EMPIRE Chora Museum: The Byzantine church with the richest selection of fres- economic, legal and administrative privileges. 4000–3100 BC, obtained many of its neces- THAT BOASTED TRADING coes in Istanbul. Frescoes are like a mysterious book waiting to be discov- Thanks to this dynamic commercial tradi- sities from southeastern Anatolia. The era of RELATIONSHIPS WITH ALMOST ered. kariye.muze.gov.tr Assyrian trading colonies began when Assyr- EVERY CORNER OF THE GLOBE, tion, the Ottoman capital always remained a multicultural and productive city. In the 19th Baksı Museum: An art museum established in rural Bayburt, a small town in ian merchants started to expand their trading FROM CHINA TO ENGLAND Anatolia. A must for those in pursuit of the exceptional. baksi.org posts, called karum, the name given to ancient century, foreigners accounted for a considera- The Rahmi M. Koç Museum: An industrial museum located in Haliç, Istan- Assyrian trade posts in Anatolia to locations ble number of Istanbul's population and most bul. rmk-museum.org.tr right next to Anatolian cities. The 200-year of them were there for commercial reasons. period from 1950 to 1750 BC marked the be- Turkey still enjoys a coveted position as the The Museum of Innocence: A museum based on the novel of the same name by the Nobel prize-winning author, Orhan Pamuk. A must-visit for avid ginning of recorded history and the Middle main passageway of commodity, money, peo- readers. en.masumiyetmuzesi.org Bronze Age of Anatolia. ple and culture between the East and West. Ü OCTOBER 2015 07 Cotton, tobacco and football! If the Lafontaine, Giraud, Whittal and Charnaud families, who were involved in the cotton and tobacco trades, had not come to Turkey, Anatolia would not have embarked upon football this early.

Turkish team Galatasaray and British Q. P. Rangers line up before the competition on 5 May, 1948 TURKISH SIGNATURE IN NOBEL

The British settled around the crucial ports of PRIZE IN the Ottoman Empire, bringing their brand of football to the Turkish soil CHEMISTRY Aziz Sancar received the Nobel Prize in Chemistry, with the work contributing ish person to ever play football when he engaged in a game with the British in to the development of new İzmir in 1898. However, Fuat Hüsnü Bey treatments for cancer. was the first to go on record as the “First Turkish football player.” He became in- terested in the sport while watching the his year, the 2015 Nobel Prize British play in Istanbul, and then found- in Chemistry was awarded to ed the first Turkish football club after Ta person from Turkey. Aziz convincing his friends to join him. The Sancar, born in Mardin, Turkey, team was named “Black Stocking,” re- shared the prize with American Paul ferring to the black socks they wore un- Modrich and Swedish Tomas Lin- der a red team jersey. dahl. Graduated from the Faculty of Efforts by Fuat Hüsnü Bey began to Medicine of Istanbul, Sancar did his PhD in 1977 at the University of Tex- ur goal is to play together match was played in 1875 in Thessa- IN 1894, THE BRITISH FOUNDED bear fruit at the outset of the 20th cen- as in Dallas. Sancar currently teach- like the British, bear a col- loniki, which was then within the bor- THE FOOTBALL CLUB SMYRNA tury. Turkish people aspired to estab- our and name, and beat ders of the empire at that time. Contra- lish clubs. Many of the current sports es at the University of North Caroli- IN İZMİR. THIS WAS THE FIRST na School of Medicine, Department non-Turkish teams." These ry to common belief, the first location FOOTBALL CLUB AT A TIME clubs began as football clubs during words belong to Ali Sami that a football match was played within this time. Ali Sami Yen founded Gal- of Biochemistry and Biophysics. WHEN TURKS REMAINED ONLY OYen, the founder of Galatasaray, Tur- Turkey's modern political borders was atasaray at Galatasaray High School key's first official soccer club. This sen- İzmir, not Istanbul. In 1877, the Lafon- AS SPECTATORS with his friends in 1905. Galatasaray Aziz Sancar did the mapping tence alone summarises the role played taine, Giraud, Whittal and Charnaud played its first game with the crew of The Swedish Royal Academy of Sci- by the British in Turkish football. families, who were involved in the cot- the British Barhau ship. Fenerbahçe ences said of the three winning sci- In fact, it has always been said that ton and tobacco trades, attracted a ton was found in 1907, and Beşiktaş began entists: “In the early 1970s, scientists football is a part of Turkish culture. His- of spectators as they dribbled a ball on football activities in 1910 after being believed that DNA was an extreme- torical records prove that it was “Tepük” the grasslands of Bornova in İzmir. founded as a gymnastic club in 1903. ly stable molecule, but Tomas Lindahl (Kick), a sport played by nomad Turk- In 1894, the British founded the Foot- The foundation of the Turkish Football demonstrated that DNA decays at a ish people in Central Asia that contrib- ball Club Smyrna in İzmir. This was the Federation in 1923 was the culmination rate that ought to have made the de- uted to the rise of what is now regard- first football club at a time when Turks of the Turks’ first phase of their love of velopment of life on Earth impossi- ed as modern football. The British are remained only as spectators. The sport football, which burgeoned on Turkish ble. Aziz Sancar has mapped nucle- thought to have a role in popularizing moved to Istanbul from İzmir as these soil with British influence. It was also otide excision repair, the mechanism football in Turkey during WWI. Howev- four families brought their business to the British that lent a hand to Turkish that cells use to repair UV damage to er, it was only in the last quarter of the the former. The flatlands of Kadıköy and football during its infancy. Many Brit- DNA. Paul Modrich has demonstrated 19th century that football truly became Moda in Istanbul replaced the grass- ish managers worked on Turkish teams how the cell corrects errors that occur popular in Turkey. The British settled lands of Bornova in İzmir. and shared their experience. There when DNA is replicated during cell di- around the crucial ports of the Ottoman were a considerable number of Brit- vision.” Famous writer Orhan Pamuk Empire, bringing their brand of football The first Turkish football club ish managers who trained Galatasaray, had been awarded the 2006 Nobel to the Turkish soil. The first football Selim Sırrı Tarcan was the first Turk- Beşiktaş and Fenerbahçe. Ü Prize in Literature 2006. Ü

Istanbul is more attractive than fictional life Having seduced a great many writers as a city unwilling to reveal all its mysteries at first glance, Istanbul's real and fictitious faces complement each other in Agatha Christie’s works.

"Murder on the Orient Express," opens with ark Twain once said, "Reality is Hercule Poirot planning to visit Istanbul for a stranger than fiction because fic- couple of days of rest tion has to make sense." Books, M cities and even people have two faces—one fictitious, the other real. These Yorkshire, unable to remember what had real and fictitious faces sometimes comple- happened. She never unveiled the mys- ment, but occasionally contradict each oth- tery of her disappearance, not even in her er. One lives, the other dies. One keeps silent, autobiography. the other speaks. Having seduced a great Fifty years later, the mystery of Christie many writers as a city unwilling to reveal got even stronger. In 1976, Warner Bros. all its mysteries at first glance, Istanbul's real and Michael Apted started working on a and fictitious faces complement each other movie about Agatha Christie’s disappear- in Agatha Christie’s works. The city hides the ance. It attracted the attention of famous secrets of Christie, and Christie hides those Hollywood medium, Tamara Rand. Rand of the city. Dame Agatha Christie visited Is- held a séance and pretended to contact tanbul from time to time, both in her real life the spirit of Christie. She revealed that and in her books. However, while the Istan- the mystery behind the disappearance of bul that inspired Christie still awaits its vis- the writer would be unveiled by a "key in itors, the Istanbul written by Christie exists Room 411 of the Pera Palace Hotel in Is- only in her books. tanbul." A key was actually found in Room "Murder on the Orient Express," one of 411. It was not clear who the owner of the Christie's most popular books, opens with key was. However, life intervened. Before Hercule Poirot planning to visit Istanbul for Unlike her most famous character, Tamara Rand was to hold Christie's key a couple days of rest. Poirot sets foot in Is- Hercule Poirot, Chirtie stayed not at the Tokatlıyan Hotel, but always in her hands and expose the location of tanbul at Haydarpaşa; he then crosses to at the Pera Palace Christie's diary, the hotel workers went on the other side via the Bosphorus and hasti- strike, thus allowing the mystery to once ly checks into the Tokatlıyan Hotel on İstiklal again be shrouded. Avenue. He was planning to visit the Hagia Today, Room 401 of the Pera Palace is Sophia, which several people had told him ed Istanbul on the Orient Express; from then Mystery at the Pera Palace referred to as "Agatha Christie." The hotel was gorgeous. However, a telegram is wait- on, she couldn't help but visit the city over Over the years, the Pera Palace Ho- is also at the centre of the writer's 125th ing for him and it forces him to take the Ori- and over. She made sure to stop in Istanbul tel became one of the most compelling anniversary celebrations in Turkey. The ent Express heading toward Calais. on her frequent journeys to the Middle East. mysteries in the story of Agatha Chris- famous key has been kept in a private In 1977, the Orient Express stopped serv- Unlike her most famous character, Hercu- tie. Christie disappeared suddenly in De- safe for years. The Bosphorus is still wild ing Istanbul. In other words, the Istanbul le Poirot, she stayed always at the Pera Pal- cember 1926. Suspicions were raised that from time to time, the Tünel is still an in- written by Agatha Christie still exists, but its ace. She most likely took the Tünel (literally she may have committed suicide when dispensable part of İstiklal Avenue and countenance has changed. There is also yet the Tunnel), which is the second-oldest sub- her car was found abandoned by a lake. the Hagia Sophia remains a must-see. another Istanbul—one which Agatha Chris- terranean urban rail line in the world after The breaking news spread like wildfire However, the mystery of Agatha Christie tie visited frequently and which still survives the London Underground and strode down around the world, impacting many. After is intertwined with the city, already ex- with all its magnificence. Christie first visit- İstiklal Avenue. 11 days, Christie was found in a hotel in ceeding the strangeness of fiction.Ü SPONSORED BY MAYA FILM www.mayatv.tv FREEDOM TO SCREENWRITERS Home of Filinta, a popular TV series from the last year in Turkey, Sekapark Film Sets is one of the best film sets with its dimensions and technical equipment. If Sekapark is selected for film or series shooting, you do not need to think again when you put the scene in your head on paper.

ast year, Turkish TV audi- with advanced effects indistinguish- ences met an unusual pro- ably from the scenes. Meanwhile, duction: Featured on TRT, visual effects are generously used as Filinta was a detective sto- the level of action is extremely high ry taking place in Istan- in the series. Sekapark film sets are Lbul of the 19th century. Happening also suitable for the use of visual ef- under the sovereignty of Sultan Ab- fects, offering the opportunity to im- dulhamid II - the great sultan of the agine and realize any scenario. Ottoman Empire with the second The equipment in the sets al- longest period on the throne after lows for the use of any production Suleyman the Magnificent - the sto- technique. It is possible to produce ry reflects one of the most intricate on-site anything required in a film and chaotic periods of the world pol- set. The setting and costume work- itics and Ottoman Empire. Istanbul shops are the most important sec- was a boiling cauldron, crime and tions. In brief, this is a self-producing trouble were all around, intrigues set. There is everything required in were a part of the daily life. Ottoman a film set, including carpenters, tai- sultans, detectives, judges, ambassa- lors, hairdressers, kitchens, etc. dors, agents, inventors, governess- Investments in Sekapark are not es, hoodlums, mysterious murders, meant only for Filinta; it has already hunts, spying, murderers just as become an privileged area sought smart as detectives, the crowded by the most important production and colorful world of cosmopolitan firms from the US and Europe. With metropolises. Such an intricate and its large variety of equipment for challenging scenario full of actions shooting of TV series, movies, com- was almost a first on TV screens in mercials, and video clips, the set stirs Turkey but not a surprise at all. the appetite of cinema creatives as The film set where the series is a place to connect the past and pre- being shot is now the largest one in sent in its cities and streets con- Europe. Within two hours of to Istan- structed with a superior sense of ar- bul and within the provincial bor- chitecture. ders of Kocaeli, Sekapark Film Sets contribute significantly to the suc- The second largest cess of Filinta. The story of Filin- set in the world ta takes place in Pera, still the live- Bobby Roth also witnessed the liest and most cosmopolitan quarter equipment of Sekapark Film Sets in Istanbul (the district of Beyoğlu, when he visited Turkey to provide which covers Istiklal Caddesi, Gala- consultancy to the team of Filinta. ta Tower, and Karaköy). To be able to Roth previously consulted on huge show Istanbul of the previous cen- global productions, including Pris- tury with all its aspects is nothing to on Break, Lost, and Revenge. Roth sneeze at. Because Istanbul changed expressed his feelings before the much more than any other metrop- picture he saw: 'I am fascinated, olis in the last century. If you want to I am on the second largest film shoot something about Istanbul of set in the world. I would like to do the 19th century, you have to rebuild here many more things. There are it. The Filinta team did so. only a few sets around the world with such a large surface area as Suitable for any this set in which Filinta is being production technique shot. I am sure many more good On the film sets, 140 people work works will come out of this place." only for the Filinta project. Built on The previous season, the sto- an area of 55,000 square meters on a ry was centered on Istanbul in Fil- site of 178,000 square meters, Seka- inta. This season, it will open up park incorporates almost the ex- to the world. Sekapark Film Sets act copy of Pera. It is possible to find will also recreate Skopje, Damas- there anything special to Istanbul, in cus, and the Balkans of the period. general, and Beyoğlu, in particular, Indeed, the technical equipment of that period: streets, palaces, hous- and quality of the sets are able to es, cars, mansions, places of worship, give life to any new story from an- dungeons, public buildings, dens of ywhere around the world. Moreo- vice, ballrooms, inns, Turkish baths, ver, it is only two hours to Istanbul, courtrooms, Galata Tower, Karaköy one of the liveliest and popular cit- Port, etc. Those buildings that ap- ies. As the best location in Europe peared in the silhouette of Istan- to shoot films or series, Sekapark bul in that period but were not con- constantly updates itself with ev- structed, including Saint Sophia or er-developing technologies and Selimiye Barracks, can be recreated new means.

SEKAPARK FILM SETS OFFER THE OPPORTUNITY TO IMAGINE AND REALIZE ANY SCENARIO