Summary of the political and economic news in the Turkish press this morning
CONTENTS
The Turkish Grand National Assembly (TGNA) will hold a ballot to
elect the 10th President of the Republic of Turkey during its
session at 03:00 p.m. The Presidential candidacy of 11 nominees
has been ratified. At least 367 votes are needed to be elected as
the president in the first round of voting. The second round of
the ballots is expected to be held on May 1, if no result can be
obtained from the voting today. /Aksam/
President Suleyman Demirel delivered a speech during a meeting
that was organized by the Association of the Graduates of
Istanbul University's Faculty of Economy due to the 25th
Economists' week and said, "Turkey should not miss the
opportunities of the 21st century. Competition in the 21st
century will be enormous. If we miss its first 10 years, then it
will be impossible to catch up during the remaining years. We
should be aware of all the developments in the world in the first
10 years of the 21st century and we should keep our door open to
all the positive developments." Demirel also pointed out the
importance of globalization and said that Turkey should adapt
itself to help in this and to ensure this, Turkey should first of
all adapt itself to the European Union. Demirel added, "Turkey
will have a bright future. The income per capita will grow to
10,000 dollars and for this purpose the speed of improvement must
remain at an average of 5%." /Sabah/
An Advisor to the White House, Bob Stone, who has initiated a
breakthrough for quality in the White House, arrived in Turkey as
the guest of the 'Quality Association (KalDer)'. Stone stated
that the government should pioneer such actions in the public
sector and said that if the US President Bill Clinton had not
given his support, such a breakthrough would not have been
achieved. Stone added that Turkey should do the same. /Hurriyet/
The Prime Minister of New Zealand, Helen Clark, said that she was
ready to serve as an advisor for reforms of the postal services
in Turkey, which has one of the leading postal services in the
world. Clark said, "Following modernization in the Turkish postal
services, Turkey and New Zealand can jointly help to modernize
the postal services in Central Asian countries". Clark who
arrived in Turkey last Friday to attend Anzac Day celebrations
met a group consisting of the businessmen and academics in
Istanbul yesterday. She added that there were many young people
who could not manage to pass the university exam in Turkey and
stated that there were many universities with an international
education standard in New Zealand. Clark later visited the
earthquake region in Duzce's Kaynasli district and remarked that
she would would grant 200,000 New Zealand dollars to the Turkish
Representative Office of the UNICEF Emergency Assistance Fund For
Children to help the victims. /Hurriyet/
Azerbaijani Defence Minister Sefer Abiyev met Turkey's Permanent
Representative to NATO, Ambassador Onur Oymen, who was in Baku
for an unofficial visit on Tuesday. The Defence Ministry stated
that the relations between NATO and Azerbaijan had been discussed
during the meeting. Abiyev said that Azerbaijan participates in
activities that are within the framework of NATO's Partnership
for Peace (PfP) programme. Abiyev also stated that Azerbaijan
would work to improve relations between NATO and Azerbaijan. For
his part, Ambassador Oymen said it was important for Azerbaijan
to take part in NATO exercises in order to bring its armed forces
up to NATO standards. /Turkish Daily News/
According to the Office of the Governor of the State of Emergency
Region, during a crack-down in Tunceli, security forces killed
eight members of the illegal TKP/ML and TIKKO terrorist
organizations. The terrorists had participated in the incident
which was resulted in the murder of a major, a captain and four
sergeants. /Turkiye/
Germany, Italy and Holland have rejected the demand of a member
of the so-called Chairmanship Council of the PKK terrorist
organization, Riza Altun, for political asylum. The reason for
the rejection was due to the fact that the PKK is regarded as an
illegal organization. /Hurriyet/
The Turkish Pilots Day was celebrated with the participation of
the civilian and military pilots. Pilots, led by the Commander of
the Air Force, Gen. Ergin Celasin, and the General Secretary of
the National Security Council, Gen. Cumhur Asparuk, visited
Ataturk's Mausoleum and laid a wreath. During his speech at a
ceremony, Gen. Celasin stated that Turkish aviation has improved
greatly since the first flight of the first Turkish pilot,
Captain Mehmet Fesa Evrensev, to the year 2000. /Turkiye/
Environmentalists in Italy have launched a campaign to abandon
the initiatives of the Italian firm, Impregillo, which assumed
the construction of the Ilisu Dam that will cause the historic
Hasankeyf district to lay under the water. Italian
environmentalists who faxed the Hasankeyf Volunteers' Association
based in Batman said that they were not against the construction
of the dam, but added that they were trying to prevent a
historical site from going under water. /Hurriyet/
The Minister of Labor and Social Welfare, Yasar Okuyan, announced
that insured people would receive social security card. During
his speech at a meeting in Istanbul Chamber of Trade, Minister
Okuyan said, "At the first stage, 32 million citizens from SSK,
and 14 million from Bag-Kur will get these cards. They will be
used in all social security and health situations. The project
will be completed in 20 months at the latest. /Star/
The model applied in the public offering of oil refinery concern
Tupras might be adopted for the sell-offs of petrochemical giant
Petkim and iron and steel company Erdemir, State Minister for
Privatization Yuksel Yalova said yesterday. Yalova further noted
that a framework legislation to regulate the electricity and gas
sectors would be debated in Parliament this year, adding that
privatization proceeds in the coming two years would largely be
obtained from these two sectors. By the end of 2000 the state
will have completely withdrawn from the iron and steel,
fertilizer, textiles, tourism, shipbuilding and marine transport
sAectors, said Yuksel Yalova. Dwelling on the social consequences
of privatization, Yalova explained those who lose their jobs due
to privatization are given compensation by the state. "The
ASupreme Privatization Board (OYK) has earmarked 1 trillion TL
for a labour adjustment project supported by the World Bank.
Another $125 million could be secured from the World Bank in May
which will be used for unemployment compensation purposes" he
added.
Meanwhile, an announcement for the block sale of a 20 % stake in
telecommunications concern Turk Telecom is likely to be published
tomorrow. /All papers/
Bosch opened its Bosch Common-Rail factory in Bursa's industrial
zone yesterday, an addition to the already existing Bosch complex
there. The factory will produce energy-saving diesel injection
systems and has plans to produce a total of 600,000 diesel
injectors this year and 3 million injectors in 2001. Bosch GmbH
President Hermann School made a speech at the opening ceremony,
attended by President Suleyman Demirel. School said that diesel
motors are replacing those operating on gasoline and added that
this trend will grow in the future. Bosch's Managing Director in
Turkey Klaus Peter Fouquet also spoke at the ceremony and
announced that the factory's construction had been completed
quickly and its staff trained in Germany. Fouquet added that
waste water in the factory will be purified and used again to
avoid damaging the environment. /All papers/
While meetings to bring Russian, Iranian and Turkmen natural gas
are on-going, initiatives to install Anatolia with natural gas
networks are also being carried out. According to the 'Natural
Gas Transmission and Distribution Lines Map' prepared by the
Investments Group Chairman's Office of the Pipeline
Transportation Company (BOTAS), a large part of Anatolia will be
laid with natural gas networks. Meanwhile, initiatives to
transport Turkmen natural gas to the Black Sea in the year 2001
have also begun, officials said. /Cumhuriyet/
The Black Sea Economic Cooperation's (BSCE) fourth meeting of
interior ministers starts today in Brasov, Romania, the Anatolia
News Agency reports. Turkish Interior Minister Sadettin Tantan
and a Turkish delegation will attend the meeting.
Intel's Director for the Middle East, Mediterranean and Africa,
Jim Thomson, delivered a speech during the seminar entitled
'E-Trade and the Background of the Internet,' organized by Intel,
in which he stated that Turkish companies should implement
electronic trade practices and that they also should take their
place in the global internet economy. Thomson also pointed out
the necessity of tapping the big potential of Turkey and
increasing the number of innovative companies. In addition,
Microsoft's General Director to Turkey, Sureyya Ciliv, Compaq's
General Director for Turkey, Mehmet Nalbantoglu and Dell's
General Director to Turkey and Greece, Erwin Prevost also gave
information on the advantages of the electronic trade. /Aksam/
Standard and Poor's, a rating company which increased Turkey's
long-term credit rating, also increased the credit rating of five
Turkish banks. In a statement issued by Standard and Poor's, the
points of Turk Eximbank, Garanti Bank, Osmanli Bank, Korfezbank
and Ziraat Bank, in terms of the long-term foreign exchange
credit, was increased from (B) to (B+). In adddition, Ziraat
Bank's short-term foreign exchange rate was increased from (C) to
(B). Standard and Poor's stated that their expectations
concerning these banks were positive. /Aksam/
Chairman of the Executive Board of Kocbank, Burhan Karacam,
stated that the those who direct the commercial sector and those
who direct technology should work cooperatively so that Turkey
can be successful in international competition in terms of
technology. Karacam issued a speech during the panel entitled
'Profitable Approaches in Banking,' which was organized by
KocSistem and its partner Unisys, and stated that those who do
not give importance to the technology of information cannot take
part in future rivalry. In addition, Chairman of the Executive
Board of European Financial Services Advisory Company, Martin
Dale, stated that the customers of the banks wanted their banks
to serve faster and perfectly and to ensure a great variety of
alternatives in the banking sector. Dale added that the banks
that cannot ensure these opportunites will find themselves in an
increasingly worse situation. /Sabah/
A report on the energy sector prepared by the Treasury
Undersecretariat, the State Planning Organization (DPT) and the
Ministry of Energy and Natural Resources was made public
yesterday. According to the Anatolia News Agency, the report
discloses Turkey's energy consumption and production plans to be
implemented by the year 2005. The report suggests making a
decision on build-operate-transfer (BOT) projects waiting for
Treasury guarantee. Government officials will discuss the report
with World Bank officials, who arrived in Turkey yesterday.
The problems of the telecommunications will be discussed in the
"First National Telecommunications Symposium" on May 3-5 in
Ankara. The symposium will be organized by Ankara and Gazi
Universities' Telecommunications Faculties and Ericsson Company's
contributions. It will be the first meeting of its kind,
organized in Turkey. In the symposium, Academicians from 10
universities in Turkey will present their studies. /Turkiye/
The "First International Haci Bektas Veli Symposium" is beginning
today. The three-day Symposium was organized by Haci Bektas Veli
Culture Foundation. Academicians and researchers from the
Republics in Central Asia, Europe and Turkey will present 32
declarations and they will discuss the idea and culture of Haci
Bektas Veli. /Cumhuriyet/
The Sixth Exposhipping International Maritime Fair and Conference
held once every two years started in Istanbul yesterday with the
cooperation of Istanbul Fair Company and Chamber of Maritime
Trade. The opening of the fair which will last until April 30 was
made by State Minister Responsible for Maritime, Ramazan
Mirzaoglu, and the Head of the Executive Board of the Chamber of
Maritime Trade, Cengiz Kaptanoglu. Experts in maritime issues
from 26 countries discussed the future of the world maritime
affairs and the Straits during the International Maritime
Conference. /Hurriyet/
The Hillside International Water Ski Competion will be carried
out on May 11-14 at Hillside Beach Club in Fethiye. In addition
to Turkey, about 50 sportsmen from various countries will race in
slalom, wakeboard, air chair and freestyle jump categories.
/Cumhuriyet/
This year, 20 projects from eight countries will compete at the
International Scientific Project Competition which has been
organized by Bogazici University's Engineering Club for six
years. It is the first and only sciencitific project competition
in the world which has been organized by students. About 50
foreign pupils, to participate in the competion, will be hosted
by the Bogazici University's students in Turkey. /Cumhuriyet/
The Black Sea Ship, of which the occupied rate reached 100%
during its tour to the Mediterranean Sea during New Year's Day,
will next go to Greece. The trip, which will travel for seven
days and eight nights among the islands and which will start from
Istanbul, includes Izmir, Mykonos, Santorin, the Crete and Pire.
The prices will be between 400 million TL and 900 million TL
according to the type of cabin. /Aksam/
The Koc Family has given a reception and a banquet attended by
many notable people from Turkey and France on the occasion of an
exhibition including Iznik, Kutahya and Canakkale tiles opened at
the Jacquemart Andre Museum in Paris. In the exhibition to remain
open until July 2, nearly 200 works of art belonging to the 15th
and 16th centuries will be presented. /Hurriyet/
The Turkish Armed Forces Command (KKK) Military Band, consisting
of 24 musicians, will give concerts in Kosovo and
Bosnia-Herzegovina, the Anatolia News Agency reports. The KKK
General Secretariat said in a written statement that the band
would give concerts in the former Yugoslavia in order to increase
the motivation and morale of KKK officers stationed there. The
band will return to Turkey after giving concerts in Skopje and
Sarajevo.
Ayla Algan, a theater artist, went to Rotterdam yesterday to
perform the play entitled 'Ayla Algan is saying Yunus Emre'. Ayla
Algan who was accompanied by the General Art Director of the
Istanbul Municipality's City Theaters, Kenan Isik, and the
Director of the Theaters, Abdullah Kaplan, said that the play
would be performed this evening. /Hurriyet/
Naim Suleymanoglu, a weight-lifter in the 64-kilo category,
received two bronze medals in the European Weight-Lifting
Championship held in Sofia yesterday. Naim Suleymanoglu managed
to become third in the snatch with 140 kilos and fourth in the
clean and jerk with 170 kilos. He ranked third in total weight.
/Star/
Ercan Mumcu is a columnist in the daily 'Hurriyet' newspaper. In
his article, he comments on the increase in Turkey's credit
rating. A summary of his column is as follows:
"After Turkey signed the stand-by agreement with the
International Monetary Fund (IMF), the markets already began to
increase Turkey's credit rating. As usual, the credit rating
establishments followed the markets with a delay and Standard and
Poors increased our rating to (B+). Credit rating establishments
earn money because they show the risks to the investors and they
can make two kinds of mistakes: one of them is to portray the
borrower as being more risky than he is; and the other one is to
consider the borrower less risky than he is.
The credit rating establishments prefer the first mistake to the
second one. Because the investors demanded more profit from the
borrowers due to the fact that he is risky and, thus, earns an
income more than expected. In the second kind of mistake, the
investors demand much more profit from the borrowers due to the
fact that he is less risky but in fact they are face to face with
a more risky borrower. These kinds of mistakes cause credit
rating establishments to lose esteem.
Due to the fact that the credit rating establishments acted
slowly at the end of 1993, Turkey was portrayed as a less risky
country although it was a more risky country. The reason for this
was the fact that the second kind of mistake had been made.
Consequently, the investors lost money. Then the credit rating
establishments decreased Turkey's rating from (BBB+) to (B)' in
order to compensate this situation and, thus, the second kind of
mistake was prevented from being made. Now just the opposite of
what occurred at the end of 1993 and at the beginning of 1994 is
occuring. Standard and Poors increased Turkey's rating in a very
short period of time, which gives us many opportunities. If we do
not steer away from the current stability programme, the market's
impressions concerning Turkey will be more positive. Credit
rating establishments will influence the markets and the markets
will do the same to these establishments. Thus, the establisments
such as Standard and Poors will follow the markets faster than
before."
Dogan Heper is a columnist at the daily 'Milliyet' newspaper. In
this article, he comments on Ahmet Necdet Sezer's candidacy for
the Presidency and the characteristics that a President should
have. A summary of his columns is as follows:
"There are 11 presidential candidates, all of whom consider
themselves lucky to be in the election. 10 of them are from the
Turkish Grand National Assembly (TGNA) and one of them, Ahmet
Necdet Sezer, is from outside of the TGNA. Five leaders in Turkey
reached a consensus on his candidacy, a first in Turkey. This
approach can be considered a promising start. The person on which
the leaders reached a consensus is a very honest jurist.
Therefore there is not a single aspect of Sezer's character to be
criticized.
The issue of the Presidency has been on the agenda of the TGNA
for six months. During this period of time, the qualifications
that a President should have were put forward. Even the Prime
Minister discussed the characteristics that he considered
important. From these statements a list of ideal characteristics
was formed and this list is as follows: spotless reputation,
respectable, honest, republican, secular, experienced, balancing,
compromising, having knowledge of foreign and inner policy,
having the necessary sophistication, knowledge and experience
that will create respect in the foreign relations, modern,
dynamic, convincing, having the ability to cover the distance in
democratization and to aid in liberalization and implementation
of economic reforms.
After this list was complied, discussion of the names of those
who have or do not have these qualifications dominated the
agenda. The three leaders gave the names of their own candidates
two days prior to the deadline, and then, unexpectedly, on the
last day all the estimations were proved false and it was
understood that they had engaged in an useless discussion for a
long period of time due to the fact that a consensus was reached
on Sezer. If the 10 candidates except Sezer can collect a few
votes, then the expectation of 367 votes will be endangered and,
thus, Sezer will become President in the second round of voting
on Monday."
FROM THE COLUMNS... FROM THE COLUMNS... FROM THE COLUMNS...
EYES ON TGNA
DEMIREL: "WE WILL NOT BE LEFT BEHIND IN TECHNOLOGY COMPETITION"
STONE: "GOVERNMENT SHOULD PIONEER A BREAKTHROUGH FOR QUALITY"
PROPOSAL FOR COOPERATION IN POSTAL SERVICES AND EDUCATION
AMBASSADOR OYMEN MEETS AZERBAIJANI DEFENCE MINISTER
PKK TERRORISTS KILLED
ASYLUM DEMAND OF PKK TERRORIST REJECTED
PILOTS DAY
SUPPORT FOR HASANKEYF
SOCIAL SECURITY CARD
TUPRAS MODEL CONSIDERED FOR PETKIM, ERDEMIR
BOSCH OPENS DIESEL INJECTOR FACTORY IN BURSA
ENERGY NETWORK IN ANATOLIA
FOURTH BSCE MEETING STARTS IN ROMANIA
ELECTRONIC TRADE IN TURKEY
FIVE BANKS' RATING INCREASES
PERIOD OF TECHNICAL COMPETITION
TREASURY BACKS POWER PROJECTS
TELECOMMUNICATIONS SYMPOSIUM
HACI BEKTAS VELI SYMPOSIUM
INTERNATIONAL MARITIME FAIR IN ISTANBUL
WATER SKI COMPETITION
PROJECT COMPETITON
BLACK SEA SHIP
EXHIBITION IN PARIS
TURKISH MILITARY BAND PLAYS IN KOSOVO
AYLA ALGAN GOES TO HOLLAND
NAIM SULEYMANOGLU RECEIVES TWO BRONZE MEDALS
FROM THE COLUMNS... FROM THE COLUMNS... FROM THE COLUMNS...
INCREASE IN TURKEY'S RATING SHOULD ENCOURAGE US BY ERCAN MUMCU
(HURRIYET)
THE ESTIMATIONS FAILED BY DOGAN HEPER (MILLIYET)