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Our Research Fellow, Ahmet Faruk Isik, is the coauthor of a new report published by the Foreign Economic Relations Board of Turkiye, Turkiye's main actor in the field of commercial diplomacy.
In the context of the global economic uncertainties caused by the pandemic and geopolitical tensions, the report presents a comprehensive roadmap for how Turkiye can develop relations with China, the world's second-largest economy, in a more constructive and balanced way. The report focuses on the benefits that economic relations with China and taking part in the Belt and Road Initiative can provide Turkiye. It delineates how to achieve the benefits of economic cooperation, but also the risks involved in doing business with China, and the necessity of effectively managing these risks.
The main sections of the report are: “The Impact of the Pandemic on the Belt and Road Initiative,” “Trade on the Belt and Road Initiative,” “Global Logistics and the Belt and Road Initiative,” “Investments and Financing on the Belt and Road Initiative,” “Digital Silk Road,” “Risk Analysis of the Belt and Road Initiative,” and “Turkiye from China's Perspective." In the last part of the study, which is supported by up-to-date data, we present to the readers a list of policy recommendations that could help Turkiye make progress in all these areas and assist in making its economic relations with China more balanced.
The report can be accessed by clicking here.
