Gateway Turkey
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Turkey is a large, dynamic country
of 70 million people, strategically located at the crossroads of
Europe, Asia, the Middle East and Africa. Today, it plays an increasingly
important role in world political, social and economic affairs. |
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Modern Turkey is a republican
parliamentary democracy, with a unicameral legislature, political
parties, independent judiciary, and regular elections. |
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While Turkey currently
enjoys many of the economic benefits of European Union membership,
its quest for permanent status has been an on-going, well-publicized
and politically complicated undertaking. |
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Turkey's vibrant economy
is a complex mix of modern industry and traditional agriculture.
It has a strong and rapidly growing private sector, yet the State
still plays a major role in some basic industries, banking, transport
and communication. |
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For 2004, Turkish GDP
is projected at 200 billion USD, Real GDP Growth +4.2 %; Consumer
Price Inflation +11.6%; Unemployment over 10%. |
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Turkey's major trading partners are Germany, USA, Italy, France, UK and Russia. 50% of the Country's exports (mostly agriculture, textiles, iron, and steel) are to the EU. Imports are weighted to oil, machinery and chemicals. |
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