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Turkey assures safety of German business investments

July 30, 2017 at 1:50 pm

Turkish Deputy Prime Minister Mehmet Simsek speaks during an exclusive interview with Turkey’s Anadolu Agency in Washington, US on 22 April 2017 [Samuel Corum / Anadolu Agency]

Turkey’s Deputy Prime Minister Mehmet Simsek has assured German companies that their investments in Turkey are safe, and their business would not be affected by recent political disagreements between Ankara and Berlin.

In an interview with the Der Spiegel weekly published on Saturday, Simsek underlined that Turkey had left behind a difficult period after the defeated coup attempt last year, and Turkish economy was performing well at the moment.

“I can assure the business community. Turkey remains an open, liberal and investment-friendly country,” he said.

Simsek stressed that no German firms were being probed by Turkish investigators, as part of ongoing probes into the supporters of Fetullah Gulen, who Turkey claims organised the attempted military takeover last year.

“When I saw reports in the media about a list of companies, I immediately called the interior and justice ministers,” he said, referring to the German media reports last week which claimed that hundreds of German companies were investigated by Turkish authorities on suspicion of supporting a terrorist organisation.

Both ministers assured me that there has been no investigation against a single German company on suspicion of terrorism financing

Simsek explained that the Turkish authorities had requested relevant information from all countries via Interpol, as part of their investigation into the international business ties of local firms owned by people linked to Gulen.

He stressed that foreign companies were not the focus of the anti-terrorism investigation, and this information request aimed at helping the probe focused on economic activities of the terrorist group.

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“In the list, there were 9800 companies, not only from Germany, but from more than 50 countries. There is no investigation against any of these foreign companies. Nevertheless, we have decided to withdraw this list in order to prevent another misunderstanding,” he said.

Simsek also expressed Turkey’s willingness to overcome political disagreements between Germany through dialogue, and stressed that current tensions were neither in the interest of Ankara nor Berlin.

“We Turks wanted to see more solidarity from Germany in the fight against terrorism,” he said, referring to Ankara’s frustration over the activities of Gulen supporters and the PKK group in Germany.

“But German-Turkish relations will pass this stress test,” he added.

Ties between Ankara and Berlin have been strained in recent months as Turkish leaders slammed Germany for turning a blind eye to outlawed groups and terrorist organisations, while German politicians criticised Turkey over human rights and freedom of the press issues.

Weeks before the general elections in Germany in September, Chancellor Angela Merkel’s coalition government sharpened its tone towards Turkey, and adopted a number of economic measures in an attempt to increase pressure on Ankara.

Germany has increased pressure on Turkey in the past few week, threatening measures that could hinder German investment there and saying it is reviewing Turkish applications for arms projects.