Volatile politics, stagnant economy

TURKEY - Report 21 Jun 2026 by Murat Ucer and Atilla Yesilada

The July Ankara NATO summit ostensibly aims to convince Trump that the best interests of the US are served by remaining and nurturing NATO. In fact, the summit will also celebrate Erdogan’s return to Western alliances, as a fully committed member willing to lift its share of the burden. Turkey’s brief experiment with Eurasian-ism is over, with the nation now firmly moving back to reengage with the US, NATO and the EU.

[...]

There is not a whole lot to report on the econ side. On the economic activity front, April production indices point to a weak start into Q2, the highly volatile nature of the monthly data notwithstanding. Manufacturing sector confidence also appears to have weakened in Q2 as a whole, compared with the first quarter of the year, though the weakness does not seem particularly pronounced.

Now read on...

Register to sample a report

Register
Must have at least 8 characters
Sign-in
Forgot your password?
Copyright 2026 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.