Ali Babacan Quotations

Turkey does not have an official exchange rate target.

Those looking from Europe see Turkey as an economic success, whereas others from the Middle East see Turkey as a democratic success.

Turkey has a young and growing population. Until recently, this was perceived as a problem, a burden that Turkey would bring to the E.U. But it is, in fact, an asset that can help the population deficit of the E.U. and the economic growth of Turkey.

It is unfair to ask Turkey to make a unilateral concession to take goods from Cyprus within the customs union when the E.U. is not open to northern Cyprus.

Turkey shares Europe's fundamental values of democracy and the rule of law.

Openly speaking, the only formula that will save Greece's future is more trade with Turkey and more investment with Turkey.

Turkey will not let Turkish territory or airspace be used in any activity that could harm the security or safety of Syria.

Northern Iraq has become, economically, a natural extension of Turkey.

A country which has a population 99% as their faith in Islam can also be a country which are subscribing to the universal values of the E.U.

When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market.