Turkey puts its best foot forward to charm Chinese investors
Chinese electric carmaker BYD is investing $1 billion in a Turkish factory to produce 150,000 vehicles a year (Lillian SUWANRUMPHA)Turkey...
archiveTurkey
Türkiye puts its best foot forward to charm Chinese investors
ANKARA Türkiye plans to draw on its geographical position and an EU customs deal to entice Chinese investors keen to access European markets tariff-free, as it recently just did with carmaker BYD. The Chinese electric vehicle giant signed a billion-dollar deal with Ankara on Monday to open a plant in western Türkiye, promising to create 5,000 jobs, a move that will help it dodge new EU tariffs. The country, at the crossroads between Europe, the Middle East and Central Asia, is in talks with other Chinese companies, Türkiye's Industry and...
BYD revolutionizes European auto industry with $1 billion Turkish investment
By Asif Aydinli Leading Chinese electric vehicle manufacturer BYD is investing around $1 billion in the Turkish economy to build...
EU Funds to Support Water Management in Croatia / Croatia / Areas / Homepage
Despite joining the European Union more than a decade ago, Croatia has struggled to meet European Union standards for environmental...
Romania has huge potential for green energy, but politicians don’t know what to do with it / Romania / Areas / Homepage
Energia rinnovabile - © Aleksandar Malivuk/Shutterstock After years of Romania being a "paradise" for renewable energy investment, the government in...
Turkey sees Brics’ economic potential as it waits for full EU membership
Fidan also met Chinese security chief Chen Wenqing on Monday, where both sides showed a readiness to promote bilateral security...
China’s EV sector could offset looming EU tariffs with detours via ‘friendly’ tracks, but be prepared for countermeasures
Firms could mitigate the potential impact of the European Union finalising its investigation into China’s electric vehicle (EV) sector by...
Pro-Erdoğan foundation has received over €700,000 in EU funds since 2020
The Turkey Youth Foundation (TÜGVA), an organization close to President Recep Tayyip Erdoğan’s Justice and Development Party (AKP) government, has...
India behind Pakistan in crypto adoption, US ranks second among the most crypto-friendly nations
India, known for its rapidly evolving tech industry and its tech-savvy population, lags behind its neighbour Pakistan in the list...
Rethinking EU restrictive measures – POLITICO
Are there unintended consequences to European Union sanctions against Russia? While rocked initially by the restrictions, Russia’s economy has shown...
