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Clinton Highlights Turkey'S Growing Economic Leadership

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  • Clinton Highlights Turkey'S Growing Economic Leadership

    CLINTON HIGHLIGHTS TURKEY'S GROWING ECONOMIC LEADERSHIP
    by Suzanne Presto

    Voice of America News
    October 31, 2011

    Secretary of State Hillary Clinton emphasized Turkey's growing role
    in the Middle East and beyond in remarks at the opening dinner of the
    2011 Annual Conference on U.S.-Turkey Relations. The event, hosted
    by the American-Turkish Council, was held at The Ritz-Carlton hotel
    in Washington on Monday night.

    Ahead of the secretary of state's visit to Istanbul on Wednesday,
    Clinton stood at a podium before the U.S. and Turkish flags, and
    highlighted Turkey's growing economic leadership.

    "And when I talk with Turks - from students to entrepreneurs to
    government officials - I see a confidence and optimism, and it is
    for a good reason," said Clinton. "Turkey can be proud that it has
    become the 17th largest economy in the world, with ambitions to reach
    the top 10 in the coming years. This story - sometimes called 'the
    Turkish Miracle' - is well known. But its strategic implications are
    perhaps less well understood."

    Clinton emphasized four main points.

    "First, that a strong U.S.-Turkey relationship has contributed to
    Turkish prosperity," she said. "That, in turn, Turkey's economic
    growth should further strengthen our partnership. That for Turkey
    to take full advantage of its new opportunities, it will have to
    consolidate democratic progress at home, and peace and stability in
    its neighborhood. And, finally, that Turkey's economic leadership
    can be a powerful force for progress across the region."

    Even as Clinton highlighted Turkish economic successes, she said
    that the nation must work to further empower women and to address
    the concerns of ethnic minority groups.

    "A vibrant economy depends upon the free exchange of ideas, the free
    flow of information and the rule of law," said Clinton. "Strengthening
    due process, cracking down on corruption, helps any country grow
    more rapidly. And also, protecting a free and independent media,
    which plays a role that is very important."

    The secretary of state said the United States has been concerned
    by the deterioration of relations between Turkey and Israel. And
    she urged both countries to work on improving ties. She also noted
    tensions between Turkey and Cyprus, saying the parties need to work
    toward a bi-zonal, bi-communal federation. Clinton also urged Turkey
    to continue to work toward normalizing ties with Armenia.

    Clinton said Turkey's growing economic leadership has the potential
    to support positive changes far beyond its borders.

    "Turkey sends more than a quarter of its exports to nations in the
    Middle East and North Africa. Its companies are therefore investing
    heavily across the region," she said. "Turkish businesses are helping
    to rebuild Iraq. They are one of the largest sources of foreign direct
    investment in Egypt. And Turkish planes have already resumed flights to
    Libya. Along with political change and reform must come economic reform
    in this region. To succeed, the Arab political awakening must also be
    an economic awakening. [U.S.] President [Barack] Obama has outlined
    a comprehensive economic agenda to support the democratic transitions
    now underway, and Turkey is a valuable partner in this effort."

    In the course of her speech, Clinton again offered condolences to the
    Turkish people, following the recent earthquake there as well as for
    a Kurdish Workers' Party attack less than two weeks ago that killed
    24 Turkish soldiers.

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