Ms. Rayhan Asat
Turkey Sino Business Opportunities and Legal environment 1
2
Rayhan Asat*
An exciting year started between the Chinese and Turkish governments by committing to, and celebrating, a new form of friendship--a friendship of promising collaboration. 2012 kicked off by dedicating to “The Year of Chinese Culture in Turkey 2012" This will be followed by “The year of Turkish Culture in China 2013.” These cultural ventures are motivated by the reestablishing of the Legendary Silk Road between Turkey and China. The two countries have committed to building prosperous diplomatic relations, economic collaboration and cultural exchanges. The recent bilateral Agreement entitled “Framework Agreement on Further Expanding and Deepening Bilateral Trade and Economic Cooperation between the Government of the Republic of Turkey and the Government of The People's Republic of China,” (2010, ratified on 12th January 2012, but not yet promulgated in the Official Gazette) between Turkey and China can be considered highly inclusive. It contains past agreements dating back to the 1970s, thereby demonstrating our expectations of witnessing a tremendous growth of business relations in the history of Turkey and China, together with prosperous diplomatic relations. On July 17, 2012, the Turkey (Istanbul) China (Guangzhou) Business Forum was held in Istanbul. Both countries showed great deference to the Forum by having high level officials participate in the opening ceremony. Apart from the diplomatic highlights, the Forum attracted businessmen from both countries, and provided a platform for networking, creating a brainchild of business opportunities. The Forum aimed to establish the China (Guangzhou) Turkey (Istanbul) trade partnership by naming Istanbul and Guangzhou as Sister Cities3. In addition, the Forum celebrated July 17, 2012 as the Istanbul-Guangzhou Economic & Business Day, which will be followed up by the next ‘business day,’ estimably on October, 2013, in Guangzhou. Most
2
Rayhan Asat*
An exciting year started between the Chinese and Turkish governments by committing to, and celebrating, a new form of friendship--a friendship of promising collaboration. 2012 kicked off by dedicating to “The Year of Chinese Culture in Turkey 2012" This will be followed by “The year of Turkish Culture in China 2013.” These cultural ventures are motivated by the reestablishing of the Legendary Silk Road between Turkey and China. The two countries have committed to building prosperous diplomatic relations, economic collaboration and cultural exchanges. The recent bilateral Agreement entitled “Framework Agreement on Further Expanding and Deepening Bilateral Trade and Economic Cooperation between the Government of the Republic of Turkey and the Government of The People's Republic of China,” (2010, ratified on 12th January 2012, but not yet promulgated in the Official Gazette) between Turkey and China can be considered highly inclusive. It contains past agreements dating back to the 1970s, thereby demonstrating our expectations of witnessing a tremendous growth of business relations in the history of Turkey and China, together with prosperous diplomatic relations. On July 17, 2012, the Turkey (Istanbul) China (Guangzhou) Business Forum was held in Istanbul. Both countries showed great deference to the Forum by having high level officials participate in the opening ceremony. Apart from the diplomatic highlights, the Forum attracted businessmen from both countries, and provided a platform for networking, creating a brainchild of business opportunities. The Forum aimed to establish the China (Guangzhou) Turkey (Istanbul) trade partnership by naming Istanbul and Guangzhou as Sister Cities3. In addition, the Forum celebrated July 17, 2012 as the Istanbul-Guangzhou Economic & Business Day, which will be followed up by the next ‘business day,’ estimably on October, 2013, in Guangzhou. Most