"NO MATTER WHAT THE CONDITIONS, TURKEY MUST STAY FOCUSED ON GROWTH!"
The Istanbul Chamber of Industry (ISO) held its October general
meeting on the agenda item, "What Needs to be Done
to Preserve Jobs and the Competitiveness of Our Industry under
Global Crisis Conditions, and the Tasks of the Relevant Sectors."
Speaking at the meeting, at which Minister of Labor and Social
Security Faruk Çelik was also present, the ISO Board
Chairman, C. Tanıl Küçük, gave an assessment of the
global economic crisis that started in the U.S. financial
system. Making recommendations aimed at reducing the adverse
effects of the gradually worsening crisis, Küçük said: "No
matter what the conditions, Turkey must stay focused on growth.
Industry is the key to growth. The way out for Turkey lies
in taking charge of her industry and her real sector and clearing
the way ahead for industry. The first thing that needs to
be done in the short term is to rapidly introduce measures
to prevent the financial crisis from being reflected in the
real sector. There is benefit to be had in preparing right
now to supply liquidity to the market. If necessary, the state-run
banks could be brought into play to shore up the troubled
SME's, a topic we know is already on the government's agenda."
Click
here for the full text and the Chairman's previous remarks
at the Assembly
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