Will EU–Turkey Economic Ties Withstand Political Turbulences?
- Laura Batalla, Secretary General, European Parliament Turkey Forum
- Joan Canals, President, International Comission, Foment del Treball; President, Committee for Mediterranean Countries, CEOE
- Eduard Soler, Senior Research Fellow, CIDOB
- Kadri Tastan, TOBB Senior Fellow, The German Marshall Fund of the United States
- Sinan Ulgen, Chairman, EDAM; Visiting Scholar, Carnegie Europe
Turkey has been growing at an average rate of seven percent per year in the last decade and is currently the fifth market for European Union exports and the sixth largest supplier of imports. In terms of trade relations with Catalonia, Turkey is the third country outside the EU that receives the most Catalan exports and the fourth market outside the EU for Spanish exports, only behind the United States, China, and Morocco.
The call for snap elections comes at a time of instability and political tension in which Turkey–EU relations have suffered several crises. Will the Turkish economy and its ties with the EU withstand the aftermath of these new elections? Are they immune to what happens in the political sphere either in Ankara or the European capitals? What message does it send to worldwide investors?
CIDOB, Foment del Treball, and The German Marshall Fund of the United States will bring together representatives of the economic sector and people interested in Turkey to discuss the political scenarios that may arise in the coming months and the risks and opportunities of an emerging economy.