The Turkey-U.S. Business Council (TAIK) marked its 35th anniversary Friday with a webinar discussing the attainable after-effects of the Corona Virus pandemic on the worldwide financial system.
In his opening remarks for the net occasion, chairman Mehmet Ali Yalçındağ mentioned TAIK, as Turkey’s oldest enterprise council, would proceed working throughout its community to deliver enterprise leaders and specialists from Turkey and the U.S. collectively amid the pandemic.
“We should strengthen the ties between us as we search for joint options to international challenges,” he mentioned.
The webinar was additionally attended by Mercury Public Affairs co-chairman and former U.S. Senator David Vitter from Lousiana as host, in addition to visitor Thomas Friedman, a longtime international affairs columnist for the New York Times.
Vitter mentioned TAIK has performed a really important position in bilateral financial and enterprise relations between Turkey and the U.S. with 115 member corporations that signify over 50% of Turkish GDP.
“Now, on this disaster, we want the transatlantic cooperation that TAIK is understood for – now greater than ever,” Vitter mentioned.
Meanwhile, Friedman commented on the worldwide financial and social influence of the virus, particularly for Turkey.
Friedman mentioned Turkey ought to give attention to bettering its “well being badge” through the disaster because the nation has a big tourism trade.
“Your ‘healthcare badge’ as an organization and as a rustic goes to be essential on this upcoming interval.”
Friedman added: “Turkey must be pondering proper now: What can we be doing to guarantee our prospects and shoppers that they’ll work together with us?”
He additionally famous that he’s anticipating an “explosion of 3D manufacturing” as a important software to shorten the provision chains, which had been severed after China skilled main manufacturing delays because of the pandemic.
“This is vital in permitting individuals to supply domestically and an essential space for Turkish companies to enter.”
Established in 1985, TAIK has a mission to bolster commerce and financial relations between Turkey and the United States and is comprised of main Turkish and U.S. firms akin to Ford, Apple, Microsoft and Turkish Airlines.