"WE MUST FOCUS ON HOW WE CAN TURN THE CRISIS INTO AN OPPORTUNITY!"
The Istanbul Chamber of Industry held its September assembly
meeting on the agenda topic, "The Crisis in the Global
Financial Markets and its Impact on Turkey's Economy and Industry:
Requisite Measures to be Taken". Speaking at the
meeting, the Chairman of the Chamber's Board of Directors,
C. Tanıl Küçük, made an assessment of the deepening
economic crisis that began in the U.S. financial system and
drew attention to its possible impact on Turkey. Emphasizing
especially that Turkey has both strong and weak points in
the face of the steadily worsening global economic crisis,
Küçük said: "What we need to do is to focus on how
we can fill the empty half of the glass and turn the crisis
into an opportunity. Let us not forget that obligations that
are postponed during periods of complacency - obligations,
for example, such as the need for reforms to bolster our competitiveness,
which we have been expecting for years - can be implemented
more rapidly under the threat of a crisis. Many discoveries
and inventions are the product of precisely such difficult
times. By straining our creativity, we too can diversify our
products and our export markets. In time these will be transformed
into lasting gains. At the same time, the upheaval in the
global financial system can create opportunities for developing
countries. We must keep a close eye on such opportunities.
The most important condition for succeeding at all this is
that attention be on the economy!"
Click
here for the full text and the Chairman's previous remarks
at the Assembly
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