Monday, September 27, 2010

"Zero Problems, Maximum Trade"

There has been a lot of discussion regarding the political motivations behind Turkey's ambitious foreign policy moves, but what about the economic angle? The evolution of the mantra governing Ankara's new foreign policy from "Zero Problems With Neighbors" to "Zero Problems, Maximum Trade" seems to say quite a bit about what role economics and the pursuit of economic growth have to do with Turkey's changing approach to many of its neighbors.

I took a look at the economic underpinnings of Turkey's foreign policy in a recent article for Institutional Investor magazine. A pdf version of the article can be read here.

Today's Zaman, meanwhile, report today about another Turkish initiative that brings together Ankara's economic and political ambitions meet: the creation of a free-trade zone with Syria, Lebanon and Jordan. The article can be found here.

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