Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Lord Patten on 2016-10-18.

To ask Her Majesty’s Government what is their assessment of the political situation facing UK companies contemplating investing in Turkey.

Baroness Anelay of St Johns

UK companies are active in a range of sectors in Turkey, and the UK is consistently among the country’s top sources of foreign investment. The failed coup in Turkey on 15 July and its aftermath has had some short term impact, and the political situation remains challenging. The Turkish economy is well under-pinned and offers significant opportunities for investors in the medium and long term, particularly if the government proceeds with planned structural reforms.