Ali Babacan quotes
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“Whatever the scenario, the dynamism of developing nations, their demographics and competitive power are great sources for superiority.”
-- Ali Babacan -
“Greece is not an easy country to do business in.”
-- Ali Babacan -
“Turkey is going through an incredible economic, political and social transformation. What is most important is that Turkey has been the owner of this transformation. Ownership has been the key to success.”
-- Ali BabacanSource : "Africa First 2012 Profile: Advisor Jihan El-Tahri On Pressures, Successes & Criticisms Of Program". Interview with Tambay A. Obenson, www.indiewire.com. April 10, 2012.
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“Turkeys energy bill due to imports will fall with the increase in use of renewable energy sources. We have no control over the prices of petroleum and natural gas.”
-- Ali Babacan -
“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.”
-- Ali BabacanSource : "Iran importing gold to evade economic sanctions, Turkish official says" by Ivan Watson and Gul Tuysuz, www.cnn.com. November 29, 2012.
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“The fast fish, not the big fish, eats the small fish.”
-- Ali BabacanSource : "Joe Biden, Turkish Deputy Prime Minister Ali Babacan Trade Boasts". www.huffingtonpost.com. December 4, 2011.
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“Population is a strong driver of the economy as well as the quality of the labor force.”
-- Ali Babacan -
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“Turkey's economy is powerful enough to tackle tough times.”
-- Ali Babacan -
“Turkey is widely envied while there are very serious troubles in the world economy.”
-- Ali Babacan -
“The E.U. initially decided to end the isolation of Turkish Cyprus, to balance the accession of Cyprus. But the E.U. has not carried through on its promise.”
-- Ali Babacan
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