Geo economic of turkey
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This PPT covers economic and geography related topics with some touche of Geo-politics as well. Geographical importance of Turkey as Islamic republic.
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Geo economic of turkey
- 1. Geo-Economic of Türük Haroon Rafizada haroonrafizada75@gmail.com
- 2. Outline • Introduction • Geography – Location – Geographical Importance – Neighborhood countries – Seas • Economy – Key industries – Imports & Exports – Mineral resources • Geopolitics – Turkey & Europe – Geopolitics of Turkey
- 3. Republic of Turkey • Parliamentary republic • Capital city is Ankara • Istanbul is the largest city • Official language is Turkish • Population is 78.7 million as per 2015 • Currency name is Lira • GDP as per 2016 estimation is $751 billion
- 4. Geography
- 5. Location • Largely located in Western Asia • 97 percent is Asian Turkey • 3 percent is Europe Turkey • Territory is 1,600 KM long and 800 KM wide. • Turkey has rectangular shape • 37th largest country in terms of area
- 6. Geographical Importance • Turkey is in the middle of the four regions which are: Balkans, Caucasus, middle East and Gulf • Has three seas around : Black Sea, Mediterranean Sea and Aegean Sea • Located at meeting point of 3 continentes Asia, Europe and Africa • Bridge between Western and Islamic world. • Focal point of energy distributing from Middle East to Europe
- 7. Neighborhood Countries • Turkey is bordered by eight countries • Syria and Iraq to the south • Iran, Armenia, and the Azerbaijani to the east • Georgia to the northeast • Bulgaria to the northwest • Greece to the west
- 8. Sea • encircled by seas on three sides • The Black Sea is to the north • The Mediterranean Sea to the south • The Aegean Sea to the west • Turkish Straits ( Bosphorus, Sea of Marmara, Dardanelles) separate Europe and Asia
- 10. Economy
- 11. Economy • Turkey has the world's 17th largest GDP • founding members of the OECD • G-20 major economies • $176.6 billion is its export value • Turkey’s import value is $240.4 billion • Inflation rate is 6.81% • leading producer of agricultural products, motor vehicles, and home appliances.
- 12. Key Sectors • Banking • Construction • Home appliances • Electronics • Textiles • Oil refining • Food • Mining • Iron and steel • Machine industry
- 13. Exporting Partners • Germany 8.6% • Iraq 7.1% • Iran 6.5% • UK 5.7% • UAE 5.4%
- 14. Importing Partners • Russia 11.3% • Germany 9% • China 9% • US 6% • Italy 5.6%
- 15. Agricultural Sector • Largest producer of Hazelnut and cherries & apricots • Second largest producer of watermelons and cucumbers • Third largest producer of tomatoes, eggplants and green peppers • Fourth largest producer of onions and olives • Other productions are lemons, grapefruit, apples, almonds, wheat, tobacco and tea.
- 16. Industrial sector • Consumer electronics and home appliances like Vestel and Beko • Textiles and clothing • Motor vehicles and automotive products • Shipbuilding • Other industries exist e.g. defense industry, Service sector, tourism sector and Financial sector
- 17. Mineral Resources • Petroleum and natural gas • Nuclear energy • Geothermal energy • Minerals like boron salts, coal, iron ore, copper, chromium, uranium, antimony, m ercury, gold, limestone, marble, sulfur, clay, hydropower, and geothermal power.
- 18. Geopolitics
- 19. Turkey & EU • Relations with Europe have always been a central part of Turkish foreign policy. • Became one of the first members of the Council of Europe in 1949 • Got membership of Western European Union in 1992 • joined the EU Customs Union in 1995
- 20. Geopolitics of Turkey • Turkey is the leader between West and Islamic state for foreign policies • Turkey uses this point as main factor to get EU full membership • Turkey is strategic partner of US in Military and economic actions • Turkey being the crossroads between West, Asia and middle east has power in the region.
- 21. Thank You