January 29, 2011

‘Turkey as important as BRIC countries for UK’

In the last of his three-day visit to Turkey, Bear -- who heads the British capital’s local authority City of London Corporation -- made the opening speech at the panel “İstanbul International Finance Center: What does the London experience say about İstanbul?” held at the İstanbul Stock Exchange (İMKB) on Friday.

London Lord Mayor Michael Bear (L) participated in a panel discussion on
how to make Istanbul a key international finance center, organized by the IMKB in Istanbul.
During his speech, he lauded Turkey’s economic performance and said, “The scale of opportunities in İstanbul is immense.” Speaking about Turkish-British relations, Bear reminded those present that the trade volume between the two countries was at $9 billion in 2009 and that they aim to double that figure by 2015. He also noted that 2,000 British companies are operating in Turkey.

Read more on Today's Zaman: ‘Turkey as important as BRIC countries for UK’

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