Business Environment
Turkey is the largest and most important market for us in the Eastern Mediterranean region evidenced by the opening of our Istanbul representation in 2011. The country's economy is increasingly driven by its industry and service sectors, although its traditional agriculture and textile sectors remain important employment drivers. Privatization of national assets is a growing trend creating investment opportunities for companies. Canada has a well established trade relationship with Turkey and the country has a relatively strong dependence on trade. The country’s stable political climate and economic liberalization program has led to increased in trade opportunities. Further economic and judicial reforms and prospective EU membership are expected to boost Turkey’s attractiveness to foreign investors. Overall, there is great potential for trade and investment for Canadian companies across a wide range of sectors.
Key Industries
- Construction & Infrastructure
- Forestry (Lumber, Pulp & Paper)
- Knowledge Based Industries
- Mining & Metals
- Power
- Transportation Services
- Telecom
How we can support your business
Through our representation Istanbul, Turkey, we provide on-the-ground support to Canadian companies planning on or currently doing business in Turkey. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.