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Western EuropeFebruary 3 2004

Clean-up boosts investors’ trust

Erol Sabanci, chairman of Akbank, tells Stephen Timewell of his optimism on recent sector reforms and the political and economic outlook for Turkey.
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Q: Given the new government at the start of 2003, the problems concerning Iraq and Cyprus and the recent terrorist incidents in Istanbul, how do you view Turkey at the end of 2003?

A: I am very happy to say that the curiosity of the Turkish people and our foreign partners regarding the new government has turned out to be positive. The actions of the new government proved they are the right people to tackle the problems and the right people with whom to negotiate business; their perceived weaknesses turned out to be positives.

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