TBCCI            
Turkish British Chamber of Commerce and Industry  
 HOME |  SERVICES  |  SITE MAP  |  NEWS  |  NEWSLETTER  |  EVENTS  |  FAQ  | CONTACT US
 MEMBERS LOGIN
 Username
 password
HELP
  HOME   ABOUT TBCCI   MEMBERSHIP Members’ Benefits Become a Member Privilege Card   TRADE SERVICES   DOCUMENT SERVICES   SUPPORT SERVICES   BUSINESS GUIDE   LINKS   CONTACT US


 
You are here:    
Home > News

NEWS HEADLINES

You can find below news about the Turkish British Chamber of Commerce and Industry, reports about the developments in the trade, business and investment. in Turkey and the UK, and news about Turkish and British economy and trade regulations.

Click on a news name to view details of the news and related documents and websites.

To quickly find the news you want to view, select "Find on this page" from the Edit tab on your browser (or press Ctrl+F), and enter in the Find box a word or words that occurs in the news you are looking for.

13-10-2010 - UK TURKEY BUSINESS FORUM
13-15-15 October 2010, Istanbul
TBCCI presents the major 3-day event in Istanbul, 13-15 October 2010 where government authorities and business experts will explore investment, export and import opportunities in Turkey and the UK, offer information about business procedures in the two countries and provide a platform for Turkish businesses to meet the Trade Missions delegations from the UK. For more information or to register, see: UK Turkey Business Forum

24-09-2010 - TBCCI NETWORKING EVENT
24 September 2010, London
Networking event to meet TBCCI members and Board Directors, Counsellors of the Commercial, Economic and Financial departments of the Turkish Embassy and representatives of UKTI. At this event, the new Chamber members will be introduced to the delegates. The new Turkish Ambassador to Britain will be the Guest of Honour. To register, see TBCCI Networking Event 24 September

20-08-2010 - TURKISH INTERNATIONAL RENEWABLE ENERGY CONGRESS
30 September – 1 October 2010, Istanbul
Conference on Turkey and Carbon, Bioenergy, Solar and Wind Power Energy Markets. Organised by Green Power Conferences
TBCCI members will be eligible to 20% discount.
To register or for more information, see TBCCI Networking Event 24 September

05-08-2010 - UK TURKEY EXPORT IMPORT DATA
2010 January-June
In the Jan-June the first half year period in 2010, Turkey's exports to UK increased by 34.2% and UK exports to Turkey was up by 41.4%. In this period, the share of Turkey's exports to UK as percentage of Turkey's exports worldwide, rose from 5.0% to 5.8%. The share of UK exports to Turkey increased form 2.4% to 2.6%. Total trade between the two countries in the Jan-June the first half year period in 2010 rose by 37.0% compared to same period the previous year. For monthly and yearly trade data, see 2010 UK Turkey Trade Data

05-08-2010 - TBCCI NEWSLETTER JULY 2010
July 2010 issue of the TBCCI Newsletter has been issued. To view the July 2010 Newsletter, see TBCCI June 2010 Newsletter

30-07-2010 - BRITISH PRIME MINISTER’S VISIT TO TURKEY
At his visit to Turkey on Tuesday, 27 July 2010, the British Prime Minister David Cameron said that 'UK strongly supports Turkey EU membership bid'. To view Prime Minister Cameron’s remarks about Turkey EU membership and Turkey’s economic and political role in the region, see
BBC’s news (in English)
CNN Turk news (in Turkish)

19-07-2010 - TURKISH PRIVITISATION TENDER ANNOUNCEMENT
Invitation to tender for the privatisation of the 80% of the shares of the Gas Company in Ankara, Turkey. Latest bidding 19.07.2010. See Tender Document

08-07-2010 - BUSINESS OPPORTUNITIES IN TURKEY SEMINAR
The presentations given at this seminar are now on our website. To view these presentations given by the Chief Commercial Counsellor of the Turkish Embassy in London, British Embasy, Turkey UKTI Department, TBCCI and Enterprise Europe Network North West (EEN), click here

07-07-2010 - UK TURKEY EXPORT IMPORT DATA
2010 January-May
In the Jan-May the first four-five period in 2010, Turkey's exports to UK increased by 40.5% and UK exports to Turkey was up by 41.1%. In this period, the share of Turkey's exports to UK as percentage of Turkey's exports worldwide, rose from 4.7% to 5.8%. The share of UK exports to Turkey increased form 2.4% to 2.6%. Total trade between the two countries Jan-May the first four-five period in 2010 rose by 42.5% compared to same period the previous year. For monthly and yearlt trade data, see 2010 UK Turkey Trade Data

06-07-2010 - UK EXPORTS TO TURKEY BY PRODUCTS
In January-May 2010, the top UK exports to Turkey were
• Machinery & Mechanical appliances
• Iron & Steel
• Vehicles
• Pharmaceutical products
• Plastic & articles
• Organic chemicals
• Electrical machinery &equipment:
• Optical, photographic, precision instruments
• Chemical products
To view all UK exports to Turkey by product categories with comparison to same period the previous year, see: UK Exports to Turkey

06-07-2010 - TURKEY EXPORTS TO UK BY PRODUCTS
In January-May 2010, the top Turkey exports to UK were
• Textiles
• Vehicles
• Electrical machinery & equipment
• Machinery & mechanical appliances
• Articles of iron & steel
• Precious Stones, Precious Metals
• Edible fruit and nuts
• Mineral fuels, minerals, oils
• Plastic & articles
• Aliminium & articles
To view all Turkey exports to UK by product categories with comparison to same period the previous year, see: Turkey Exports to UK

05-07-2010 - TBCCI MEMBERSHIP APPLICATIONS FROM TURKEY
Applications to TBCCI membership from Turkey can now be also made through our new İstanbul office. Please contact our Istanbul Office Director Mrs Nilgün Güresin at nilgun.guresin@tbcci.org, +90 (0) 212 465 65 89.

03-07-2010 - YENİ ANTALYA LOGISTIC SOLUTIONS
(Yeni Antalya Transport ve Ticaret A.Ş)
TBCCI welcome Yeni Antalya as its first ‘Patron Member’ from Turkey, a new category of TBCCI membership. Yeni Antalya, established in 1968, serves the International Transportation sector, offering tailor made solutions to customers using their technological infrastructure, truck fleet, warehouses, bonded warehouses and worldwide business partners road, air, sea, project and combined transportations, storage, distribution and product/time management solutions. For more information about Yeni Antalya, see Yeni Antalya . For Members’ Benefits and Patron Membership, click here

25-06-2010 - TURKEY BUSINESS PANEL-SEMINAR, MANCHESTER
25 June 2010
A Free panel-Seminar in Manchester about Turkey’s business climate and markets. Networking with potential business partners, Opportunity to meet on a one-to-one basis with the panellists. To register, see Manchester Seminar on Turkey

11-06-2010 - UK TURKEY EXPORT IMPORT DATA
2010 January-April
In the Jan-April first four-month period in 2010, Turkey's exports to UK increased by 40.3% and UK exports to Turkey was up by 47.5%. The share of Turkey's exports to UK as % of Turkey's exports worldwide, rose from 4.6% to 5.8%, the share of UK exports to Turkey increased from 2.4% to 2.6%. Total trade between the two countries in the Jan-April period in 2010 rose by 43.1% compared to 2009. For more information, see 2010 April Trade Data

10-06-2010 - TBCCI ISTANBUL OFFICE LAUNCHED
TBCCI Istanbul office was launched on 10 June 2010 at CNR Expo premises at a ceremony attended by the British Consul General Istanbul, Board of Directors and members of TBCCI, guests and the press. For information about the Istanbul Office and pictures from the opening ceremony, please see: TBCCI Launches New Office in Istanbul

05-06-2010 - TBCCI NEWSLETTER MAY 2010
May 2010 issue of TBCCI Newsletter has been issued. To view the May 2010 Newsletter, see TBCCI May 2010 Newsletter

04-06-2010 - UK TURKEY EXPORTS BY PRODUCTS
To view UK to Turkey and Turkey to UK exports by product categories in the period January-March 2010 compared to same period the previous year, see: Exports By Product Categories

31-05-2010 - FORTHCOMING TBCCI EVENTS
To register or for more information, select from below.
27.May Investor Relations Awards 2010 Turkey , Istanbul
10.Jun TBCCI Launches New Office In Istanbul
10 Jun Turkye’s Power Markets London
25.Jun Turkey Business Opportunities, Manchester
13-14-15 Oct UK Turkey Business Forum, Istanbul
30 Oct TBCCI Annual 2010 Ball, London

26-05-2010 - BCCT NETWORKING EVENT
Istanbul, 26 May, Wednesday
The British Chamber of Commerce of Turkey is organising a networking event on May 26th, 2010, Wednesday at Ramada Plaza Istanbul Hotel. The speaker, Mr Selim Çakir, Chief Economist at TEB, will make a comparison of Turkey’s economic development and versus the EU economic development. To register, see BCCT Networking Event, 26 May, Istanbul

12-05-2010 - VESTEL (UK) LTD
Becomes the First ‘Patron Member’ of TBCCI
TBCCI welcome Vestel as its first ‘Patron Member’, a new category of TBCCI membership. Vestel Group is a world player in manufacturing, technology development, marketing, and distribution in consumer electronics, IT, digital technologies and household appliances. the digital set-top boxes, and 10% of the household appliances markets in Europe.
For more information about Vestel, see Vestel (UK) Ltd
For Members’ Benefits and Patron Membership, see here

11-05-2010 - TBCCI NETWORKING EVENT
11 May 2010, London
Networking event to meet with TBCCI Board and new members, representatives of the Turkish Embassy, UKTI and other members of Turkish British business community and find out about the launch of the TBCCI Istanbul office and the Turkey UK Business Forum in Istanbul. For more information or to register, see TBCCI Networking Event 11 May

09-05-2010 - UK TURKEY EXPORT IMPORT DATA
2010 March
In March 2010, Turkey's exports to UK increased by 36.5% and UK exports to Turkey were up by 60.1% compared to March 2009. In the January-March 1st Quarter of 2010 Turkey's exports to UK increased by 48.0% and UK exports to Turkey by 44.2% compared to same period the previous year. In this period, the share of Turkey's exports to UK as percentage of Turkey's exports worldwide rose from 4.3% to 5.8%. The share of UK exports to Turkey rose from 2.3% to 2.6%. For more information, see
2010 March UK Turkey Trade Data

20-03-2010 - UK TURKEY EXPORTS: 2010 JANUARY
In January 2010, Turkish exports to the UK rose by 53.9% and UK exports to Turkey grew by 45.2% compared to January 2009. For more information, see:
2010 January UK Turkey Trade Data

02-03-2010 - TRADING WITH TURKEY: In and after Recession
Tuesday, 2 March 2010, Panel on Trade with Turkey.
A timely assesment of Turkish Export Markets and Trends in and after global recession, Export Finance and Logistics presented by prominent official and private sector experts. To register to the conference or for more information, click here >>

15-02-2010 - UK TURKEY EXPORTS: 2009/2008
In December 2009, Exports from both Turkey to UK and UK to Turkey rose for the second time since the beginning of the crises; Turkish exports to the UK rose by 68.3% and UK exports to Turkey grew by 34.6% compared to December 2008. For more information, see:
2009 Turkey UK Trade Data summary

10-02-2010 - TBCCI ONLINE CERTIFICATION SEMINAR / WORKSHOP
10 February 2010 Online Certification Workshop
TBCCI will commence From 11 February 2010, certifying electronically ATR, EUR1 Movement Certificates and Certificates of Origin documents. To help Exporters become fully conversant with this new system, TBCCI are holding an e-Cert Workshop on Wednesday, 10 February 2010. To register to the workshop or for more information about online certification, click here >>

08-01-2010 - UK TURKEY EXPORTS: NOVEMBER 2009/08
UK Turkey and Turkey UK exports showed increase in November 2009 for the first time since August 2008. In November 2009, Turkish exports to the UK rise by 7.1% and UK exports to Turkey grew by 9.6% compared to November 2008. For more information, see:
Turkey UK Trade Data summary
UK Exports to Turkey by Products
Turkey Exports to UK by Products

07-01-2010 - NEW EVENTS IN 2010
4th Annual Turkey Trade & Export Finance Conference
Organised by: Exporta Publishing & Events, TBCCI Member
Date: March 17-18, 2010, Istanbul.
Premier gathering for Trade, Export and Commodity Financiers, institutions and individuals involved in trade and export business in Turkey; offering insights into the latest trends, issues and leads for Turkish trade finance and risk mitigation. More >>

Investor Relations Awards 2010 Turkey
Organised by: Acclaro, TBCCI Sustaining Member
Date: 27 May 2010, Istanbul.
For the second consecutive year, Acclaro is organising the pioneering Investor Relations Awards Turkey on 27 May 2010 in Istanbul providing the opportunity to network with the market leaders of investment in Turkey and confer standards for best practice in Investor Relations. More >> egic Marketing Breakfast Seminar
Organised by: British Chamber of Commerce of Turkey
Date: Friday, 8 January 2010, Istanbul.
An overview of the concept of strategy and success factors on creating viable strategies with Ms Ece Altay Orhun, a Senior Manager at PricewaterhouseCoopers Turkey Advisory Services, as the speaker. More >>

4th Annual Turkey Trade & Export Finance Conference
Organised by: Exporta Publishing & Events, TBCCI Member
Date: March 17-18, 2010, Istanbul.
Premier gathering for Trade, Export and Commodity Financiers, institutions and individuals involved in trade and export business in Turkey; offering insights into the latest trends, issues and leads for Turkish trade finance and risk mitigation. More >>

Investor Relations Awards 2010 Turkey
Organised by: Acclaro, TBCCI Sustaing Member
Date: 27 May 2010, Istanbul.
For the second consecutive year, Acclaro is organising the pioneering Investor Relations Awards Turkey on 27 May 2010 in Istanbul providing the opportunity to network with the market leaders of investment in Turkey and confer standards for best practice in Investor Relations. More >>

06-01-2010 - SUPPORTING DIRECT TRADE REGULATION
The debate about the Direct Trade Regulation (DTR) will be taking place in the European Parliament on the 10 June 2010. If this is passed in the European Parliament, DTR will be adopted. To view what the adoption of DTR will mean to Northern Cyprus businesses or to support this campaign, see Turkish Cypriot NGO Declaration

16-12-2009 - UK VAT and TAX NEWS (New)
Businesses in the UK with an annual net turnover of more than £100,000 will need to have their VAT returns filed online and payments made electronically,for accounting periods beginning on or after 1 April 2010. VAT rate will return to 17.5% from 1 January 2010. For details of VAT news and TAX deadlines in Dec 2090 and Jan 2010, click here

14-12-2009 - UK TURKEY EXPORTS IMPORTS BY PRODUCT CATEGORIES (New) JANUARY-OCTOBER 2009/08
UK Exports to Turkey, click here
Turkey Exports to UK click here

12-12-2009 - UK TURKEY EXPORTS IMPORTS: OCT 2009/08 (New)
The UK Turkey Export Import results for October indicate that the decline in 2009 is halted from October. While UK Turkey trade had decreased by 38% in the first 9 months of 2009, Turkish exports to the UK increased by 1.2% and UK exports to Turkey slowed down by 2.9%, the smallest decline percentage so far since October 2008. For Turkey UK Trade Data details, see 2009/08 Oct and Jan-Oct UK Turkey Export Imports

07-12-2009 - CYPRUS: THE SETTLEMENT PROCESS. 7 December 2009
A Talk By H.E. Mehmet Ali Talat, The President of the Turkish Republic of Northern Cyprus. Monday, 7 December 2009 at 6.30 pm, London School Of Economics. To register, see here

31-11-2009 - ONLINE DOCUMENT CERTIFICATION SEMINAR, WEDNESDAY, 2 DECEMBER 2009
From 3 December 2009, TBCCI will commence certifying electronically
• ATRs
• EUR1 Movement Certificates
• Certificates of Origin
• Other documents
To help Exporters become fully conversant with this new system, TBCCI are holding an e-Cert Workshop on Wednesday, 2 December 2009. To register to the workshop or for more information about online certification, click here

31-11-2009 - NEW TBCCI PARTNERED EVENTS IN DECEMBER 2009
Wind Power Turkey Conference
Key event examining the wind power markets in Turkey
Green Power Conferences. 7-8 Dec 09 – Istanbul more >>
Solar Energy - Turkey
Outlook on Turkish solar projects, expansion & innovation programmes. Green Power Conferences. 10-11 Dec 09 – Istanbul more >>

10-11-2009 - UK Turkey Exports Imports: September 2009/08 (New)
The rate of decline of UK exports to Turkey slowed down in September to 20.4%, from 47.5% over the earlier period in 2009. The rate of decline of exports from Turkey to the UK in 2009 also slowed down in September to 32.1%, which was 39.6% over the previous months of this year. For Turkey UK Trade Data details, see 2009/08 Sep and Jan-Sep UK Turkey Export Imports

10-11-2009 - Rifat Hisarcıklıoğlu, the President of TOBB, is elected as the First Deputy President of Eurochambres (New)
Rifat Hisarcıklıoğlu, the president of the Turkish Union of Chambers and Commodity Exchanges, TOBB, has been elected as the First Deputy Chairman of ‘Eurochambres’ (the Association of European Chambers of Commerce and Industry). Eurochambres is the umbrella association for more than 1,200 chambers of commerce and stock exchanges in Europe. For information about Rifat Hisarcıklıoğlu, the Turkish Union of Chambers and Commodity Exchanges and Eurochambres, select from Rifat Hisarcıklıoğlu and Eurochambres links.

06-11-2009 - TBCCI MEMBERS RECEPTION, ISTANBUL
Friday, 6 November 2009, 13:30
The TBCCI will be hosting a Reception in Istanbul, on Friday, 6 November 2009 between 13.30hrs-16.00hrs to gather the members of the TBCCI from Turkey, British and Turkish officials and diplomats and representatives of the businesses and trade associations in Turkey. Entrance to this free event at the British Consulate in Istanbul is by invitation only. To register or for more information, please see TBCCI Members Reception, 6 Nov 2009, Istanbul

10-09-2009 -
UK TAX DEADLINES SEPTEMBER & OCTOBER 2009
(New)

Click on the Links for more information
30 Sep End of CT61 quarterly period.
1 Oct Corporation Tax due for the period ended 31 Dec 08
5 Oct Notification of HMRC by Individuals/trustees of new sources of income-chargeability in 2008/09 if a Tax Return has not been received
14 Oct Due date for income tax for the CT61 quarter to 30 Sep 2009
19/22 Oct Filing forms P38 and P38A
31 Oct Last day to file 2009 paper Tax Return.

26-08-2009 - CHANGES TO COMPANIES ACT; 1 OCTOBER 2009
Changes to The Companies Act 2006 will become effective from 1 October 2009 affecting every company operating in the United Kingdom. To view these key changes and the guidance for companies to make the transition to the new Act a smooth one, click here.

20-08-2009 - NEW TBCCI MEMBER:
MEDITERRANEAN STONES LTD

Mediterranean Stones with over 2000 sqm of warehouse located in central London offers one of the largest selection of Natural Stones, Tiles and Mosaic available in the UK and Ireland including all Travertine, Limestone and marbles for kitchens and bathroom flooring. Mediterranean Stones, a new members of the TBCCI, supplies also Marble Tiles and Mosaic, Borders, Medallions, Sinks, Bowls, Jerusalem Stone and Granite Worktops and offers Stone and Marble Restoration. For more information about Mediterranean Stones, its products and services, click here.

11-08-2009 - NEW TBCCI MEMBER:
SUPPLY CHAIN SOLUTION LTD

Supply Chain Solution Ltd are International Freight Forwarders, providing an advanced Global Logistics service. Supply Chain Solution are ISO9001 approved and EDI (Electronic Data Interchange) was added in February 2009 to complement their Logistics Package offering comprehensive
• UK Road Transport,
• Air Freight,
• Sea Freight and
• Global Logistics services and
• Online Quotation facility. For more information about Supply Chain Solution Ltd, click here

11-08-2009 - CARBON MARKETS CONFERENCE:
TURKEY, SOUTH CAUCASUS & CENTRAL ASIA

This key regional event is a high level business networking conference, which will focus on the developments and business opportunities in the voluntary and compliance carbon markets in Turkey, Southern Caucasus and Central Asia, and understanding key market changes and carbon reduction opportunities. This conference will take place in İstanbul, Turkey on 29-30 September 2009 at the Mövenpick Hotel, İstanbul. For more information, see Carbon Markets: Turkey, Southern Caucasus and Central Asia .

02-08-2009 - NEW TBCCI MEMBER:
BUSINESS LINK IN LONDON

Business Link in London (BLiL), funded by the London Development Agency (LDA), is a free, impartial business advisory service available to anyone starting or running a small or medium sized business (SMEs) in London BLiL is part of a network of regional Business Links across England with separate system for the rest of the UK and are funded by Regional Development Agencies, and supported by government departments, agencies and local authorities.
• BLiL provides 24 hour phone and online advice service
• helps businesses identify potential shortcomings or growth opportunities
• delivers one-to-one support and consults business owners on developing clear plans of action
• provides free master-classes, networking events and local business surgeries. For more information about Business Link in London, click here

01-08-2009 - NEW TBCCI MEMBER:
TIKE RESTAURANT LONDON

Tike Restaurant, a new member of the TBCCI, opened at 5, Fenchurch Place London in July, 2009 as part of the Istanbul based restaurant chain Tike. Tike serves traditional Turkish south east (Adana) region "charcoal grilled" lamb and chicken kebabs, authentic appetizers and fresh salads. Serving in five cities in Turkey, Athens, Kiev and now London, the international expansion of Tike brings ethnic dining experience franchise from East to West. For more information about the Tike Restaurant London, click here

01-08-2009 - UK Turkey Export Import data: June 2009/08 (New)
The rate of decline of Turkey exports to UK in 2009 slowed down in June to 31.0%, which was 48.2% over the previous months of this year. The rate of decline of UK exports to Turkey also 2009 slowed down in June to 43%, which was 51% over the earlier period in 2009. See 2009/08 June and Jan-June UK Turkey Export Imports

31-07-2009 - NEW TBCCI MEMBER:
MILLENNIUM HOTEL LONDON KNIGHTSBRIDGE

The Millennium Hotel London Knightsbridge is a 4* Deluxe central London hotel located on Sloane Street, just 150 yards away from Knightsbridge underground station, making all of the capital easily accessible. The hotel has 222 rooms with a modern and elegant fashion theme offering full amenities. MU also offers venues for evening events – cocktail receptions, private parties and can cater for up to 350 guests. For more information about the Millennium Hotel London Knightsbridge, click here

23-07-2009 - TBCCI NETWORKING EVENT
Thursday, 23 July 2009
This is the first of a series of two-monthly Networking events in 2009. At these Networking events, you will be able to meet with TBCCI Board and Chamber members, delegates from the Turkish Embassy, UKTI Trade and Investment and members of Turkish British business community. To register to this Networking event, click here.

21-07-2009 - FAREWELL LUNCHEON FOR OUTGOING BRITISH AMBASSADOR, HE MR NICK BAIRD
The BCCT has organised a farewell luncheon for outgoing British Ambassador, HE Mr Nick Baird on Tuesday, July 21st, 2009 at 12.30 hrs at Bosphorus Four Seasons Hotel in Istanbul. TBCCI members are entitled to BCCT members luncheon price. To register, see Nick Baird Farewell Luncheon

10-07-2009 - NEW TBCCI MEMBER: LOTUS CARS LIMITED
Lotus Cars Limited, The main operating subsidiary of Group Lotus plc is Lotus Cars Limited, which has two operating divisions - Lotus Cars and Lotus Engineering. The world renowned Lotus Cars builds and sells world class, prestige, high performance sports cars for sale in 37 countries; including the iconic Lotus Elise, the Exige, the Europa and the newly released Lotus Evora. Lotus Engineering is an internationally recognised automotive engineering consultancy based in Norfolk, UK. Global facilities include those in Michigan, Kuala Lumpur, China and offices in Germany. For more information about Lotus Cars, click here

07-07-2009 - TBCCI NEW MEMBER:
AGGREKO UK LIMITED
Aggreko, the world leader in the supply of Temporary Power and Cooling Solutions with extensive global fleet of diesel and gas generators, loadbanks, fluid chillers, cooling towers and air conditioners; designed and manufactured at their ISO 9001 accredited facility in Scotland, For more information about Aggreko and its products and services, click here.

29-06-2009 - NEW SERVICES FOR TBCCI MEMBER TURKISH
COMPANIES TO SET UP BUSINESSES IN LONDON

The TBCCI and Think London are pleased to announce a new service assisting Turkish businesses setting up business in London. This service features
• Up to 12 months free office space and
• 25% discount on office services at these centres. To learn about the unique opportunities this service offers to new Turkish businesses in London, click New Services for TBCCI member Turkish Companies

05-06-2009 - NOTICE TO UK EXPORTERS ON ARMS EMBARGO
Export Control Organisation (ECO-BERR) has issued Notice 2009/13 to UK Exporters, concerning the UK arms embargo. To read about Exporters control responsibilities, Export Control list, UK arms ambargo and related notices, click here.

31-05-2009 - UK TURKEY EXPORT IMPORT STATISTICS: JANUARY-APRIL 2009 / 2008
In April 2009, UK exports to Turkey fell by 49% compared to same month the previous year. The rate of decline for exports from Turkey to the UK was 44%. Mostly affected sectors were: Automotive, Textile, Machinery and appliances, Articles of Iron and Steel, fruit and nuts, plastic, rubber, ceramic and minerals.
To see how all sectors have been affected, see
2009 Jan-April UK Turkey Export Imports by Sectors
See also 2001-2008 UK Turkey Export Import summary

31-05-2009 - PANEL SEMINAR - EXPORTING TO TURKEY
Tuesday, 30 June 2009
• Turkey Export Outlook and Market, • Export Finance, • UK Ports, • Customs, • Logistics and Tracking, • International Transport and • Buffet and • Networking.
To register to this panel-seminar on Export trend and issues in Turkey presented by sector experts in government and business, click Export Seminar

31-05-2009 - TURKEY ENERGY SEMINAR
Wednesday, 24 June 2009
• Turkey Energy Outlook, • Turkey Energy Markets and Finance, • Turkish Energy Law, • Alternative Energy, • International Energy Trends and • Buffet and • Networking.
To register to this panel-seminar on Energy trend and issues in Turkey presented by sector experts in government and business, click Turkey Energy Seminar

04-05-2009 - UK Turkey Export Import data: March 2009/08 (New)
The rate of decline of Turkey exports to UK in 2009 slowed down in March to 38%, which was 61% in January and 58% in February compared to same months in the previous year. UK exports to Turkey shrank by 53.5% in January, 54.5% in February and by 54.3% in March 2009. Total exports and imports between UK and Turkey was down by 52.4%. See 2009/08 March and Jan-March UK Turkey Export Imports

30-04-2009 - Tax Incentives for merging SMEs
SMEs who apply for a merger procedure until the end of 2009 will gain tax incentives on corporate tax for 3 years. Additionally, they will be entitled to receive VAT refund on their investments which are 200 million TL and above.

30-04-2009 - TUSIAD’s growth estimation of Turkish Economy
Chairman of Turkish Industrialists’ and Businessmen’s Association (TÜSİAD), Arzuhan Doğan Yalçındağ, stated that they are expecting by % 4.1 contract on Turkish economy this year. According to the government, Turkey will be contracted by %3.6 , IMF’s estimation is %5.5 contract for Turkish economy. Yalcindag, added that “For the forthcoming a few years , Turkey will cover its economy by itself.”

30-04-2009 - US economy slowdowns by 6.1% in 2009 first quarter
US government initial figures show US GDP declining by 6.1% in the Jan-Mar period this year. The decline in the Ocr-Dec three month period in 2008 was 6.3%. For comments, see Financial Times 29.04.2009

30-04-2009 - EU proposals for hedge fund regulation
The European Commission proposed new requirements for hedge funds and private equity firms managing more than EUR100 million in assets. For comments, see
Bloomberg 29.04.2009
Forbes 29.04.2009

27-04-2009 - Turkish-German partnership in Energy
Energie Baden-Württemberg AG (EnBW), the 3rd biggest energy company in Germany, announced 50% partnership with Borusan Holding, aiming to complete the 1000 megawatt investment in Borusan’s inventory and invest for 2000 megawatt mostly for renewable energy

27-04-2009 - China hotel investment in Marmaris
City of Jinan of China will make a USD 200 million investment for health tourism in Turkey’s Aegean province of Mugla and houses for the Chinese visitors will be built following the construction of a hotel for health tourism.

27-04-2009 - Microsoft’s investment in Turkey
Steve Ballmer, CEO of Microsoft, announced the foundation of an ‘Innovation Centre’ in Ankara, which will receive USD 10 million investment. Ballmer added that Microsoft will continue to systematically increase their investment in Turkey.

27-04-2009 - TTC Language Services Ltd sponsor language Conference
TTC Language Services Ltd, member of TBCCI, has announced their sponsorship of the ITI (Institute of Translation and Interpreting) International Conference 2009 which will be held in London on 27 January 2009.

27-04-2009 - UK 2009 Budget and Small Businesses Report
What the new Budget will bring to small business was assessed at a Budget Special programme on 23 April 2009, on Smallbusinessadvice.tv, a specialist online TV resource aimed at UK small businesses. To view this programme, click on Budget Special

25-04-2009 - UK Turkey Export Import statistics: January-February 2009 / 2008
UK Turkey exports imports in 2009 January-February declined by about 50% over the same period last year. Mostly affected sectors were: Automotive, Textile, Machinery and appliances, Iron, Steel, Pharmaceutical products, Plastic.
To see how all sectors have been affected, see
2009 Jan-Feb UK Turkey Export Imports by Sectors
See also 2001-2008 UK Turkey Export Import summary

25-04-2009 - UK Economy contracted by 1.9% in the first quarter of 2009 Jan-Mar 2009, following a decrease of 1.6% in the previous quarter: Oct-Dec 2008
1st Quarter 2009 UK Economy % changes:
• Construction: -2.4%
• Manufacturing: -6.%
• Mining, Quarrying: -3.4%
• Electricity, Gas, Water: -1.9%
• Distribution, Hotels, Restaurants: -1.2%
• Transport, Storage, Communication: 2.9%
• Business Services, Finance: 1.8%
• Government, Health, Social Services: + 0.5%
• Agriculture, Forestry, Fishing: +0.3%
• Total UK GDP contraction in 2009 1st quarter: 1.9%.
For details, see Office of National Statistics releases:
UK Growth-Decline comparison by quarter periods
UK Gross Domestic Product

24-04-2009 - Chancellor of the Exchequer Alistair Darling’s Budget statement on 22 April 2009 (New)
UK BUDGET 2009 HIGHLIGTS
Taxes:
• New 50% tax rate for earnings over £150,000 from 2010
• No Personal tax allowance for £100,000 & over from 2010
• No Pension Tax Relief for £150,000 and over from 2011
• Duty on alcohol and tobacco raised by 2%
UK Economy Growth Forcasts:
• Contract by 3.5% this year
• Grow by 1.25% in 2010
• Grow at 3.5% from 2011
Public borrowing Increased:
• £175 billion current financial year (12.4% of GDP)
• £173 billion next year
• £140 billion the year after
Enviroment:
• Cutting carbon emissions by 34% by 2020
• Funding for energy efficient homes and buildings
• Funding for green manufacturing
Allowance on ISA Savings Accounts raised to £10,200 for over 50 from 2009, and for everyone else next year
Stamp duty exemption extended for properties sold for less than £175,000 to the end of the year
Efficiency Savings £15 billion
Extra tax credits extended for children and the disabled
£2 billion help for 12 months unemployed under 25
BusinesseCapital allowance raised this year to 40%
For the Budget Statement and Full Budget, see
Chancellor of the Exchequer's Budget statement
Full Budget 2009 Report
For Comments see: The Times, Financial Times, BBC

18-04-2009 - Budget 2009 Special for Small Businesses: Smallbusinessadvice.tv (New)
What will the new Budget bring to Small Business?
23 April 2009, 12:00 noon, Show 9. A Budget Special programme on Smallbusinessadvice.tv a specialist online TV resource aimed at UK small businesses. The Presenter and commentators:
• Ian Collins, National radio, Sky News & BBC
• Shadow Business Minister Mark Prisk MP
• British Chambers of Commerce Director General, David Frost

17-04-2009 - News about Turkish Economy
• Turkish Entrepreneurs World Congress (New)
• World Turkish Business Council established (New)
• Swiss Lamina to invest in Turkey (New)
• Turkey placed on the ‘White List’ in Banking
• Turkey - US sign Clean Energy Partnership
For details about all economy news about Turkey,
click here for the Turkey Economy news in English
click here for the Turkey Economy news in Turkish

17-04-2009 - Seminar-Workshop with Turkish Women Entrepreneurs Association
Thursday, 23 April 2009, TBCCI premises
TBCCI members are invited to this free Seminar-Workshop on cooperation and partnerships about Porcelain, Ceramic, Glassware, Packaging, Clay, Tiling, Tourism, Construction, Education centre for special needs children and West Central Anatolia Food Distribution and presentations about the investment potential in Kütahya.
To register to this free event or for more information, click here

12-04-2009 - British Chambers of Commerce Quarter 1, 2009 UK Economic Survey results
The results of the survey for the 1st quarter of 2009 indicate that the UK recession is likely to continue for some time. For the results of the survey, see Economic Survey Quarter 1, 2009

12-04-2009 - World Turkish Business Council established
The World Turkish Business Council was set up at the Turkish Entrepreneurs World Congress held on 10-11 April 2009 in Istanbul. The new council will provide a platform to facilitate the enterprises of the Turkish business potential worldwide. See World Turkish Business Council.

12-04-2009 - Turkish Entrepreneurs World Congress
2000 Turkish businessmen based abroad came together in Istanbul on 10 April 2009 to hold the 1st Turkish Entrepreneurs World Congress. For news about the Congress, click here

11-04-2009 - FORTHCOMING TBCCI EVENTS
To register of for more information about these events, select from below. For all Events, click here
28.May Investor Relations Awards 2009 Turkey, Istanbul
28.May TBCCI Members Evening, London
1-7 Jun Turkey World Trade Bridge 2009
20.Oct Turkey Investment Summit

11-04-2009 - April-May 2009 UK Tax Deadlines (New)
Click on Links for more information
30.April VAT partial exemption (monthly returns)
03.May Company car changes in quarter to 05.04–P46(Car)
18.May New Tax Updates, Codes, Tables apply from 31.09
19.May Filing forms P14, P35
19.May Filing forms P38, and P38A
19.May Filing 2008/09 PAYE returns
31.May Issuing End of Year Certificate 2008/09 P60s to each employee

08-04-2009 - Turkey placed on the ‘White List’ in Banking
According an OECD report released during the G-20 Summit last week, Turkey has made the ‘white list’ among 39 countries reflecting consistency and transparency of taxation standards. To see the full list of white’, ‘grey’ and ‘black’ country classification, click here.

05-04-2009 - UK Economy News
Click on the links to read the reviews
Pace of decline in UK’s key service sectors; The Herald
Sterling jumps on stronger services PMI data; Reuters UK
Service sector downturn 'eases'; BBC News
OECD: UK economy to shrink 3.7% in 2009; The Herald
UK business rate rise cut; BBC news

04-04-2009 - The G20, IMF, the World Economy
Click on the links to read the reviews
The Economist: The G20 and the world economy ;
OECD names and shames tax havens
World Bank warns of deep slowdown
BBC: At a glance: G20 agreement
Mixed reactions to G20 outcome
IMF and G20

31-03-2009 - Reminder to Exporters on the use of A.TR Movement certificates & Drawback Restrictions under IPR
To read the HMRC directive about the conditions under which the ATR can be used for exports to Turkey, click here

28-03-2009 - March-April 2009 UK Tax Deadlines (New)
Click on Links for more information
31.03 End of Corporation Tax financial year.
31.03 End of CT61 quarterly period.
31.03 Filing date for Corporation Tax Return Form CT600
05.04 Last day of 2008/09 tax year.
05.04 Deadline for 2008/09 ISAs.
05.04 Last day using the. 2008/09 CGT exemption.
05.04 Last date back into State Second Pension 2008/09.
14.04 Income tax for the CT61 period to 31.03.09.
19.04 Quarter 4 2008/09 PAYE remittance deadline.
20.04 Interest to accrue on unpaid PAYE/NI for 2008/09.
30.04 VAT partial exemption calculations (monthly returns).

27-03-2009 - New UK Employment Regulations from April 2009
• Leave Entitlement from 1 April 2009
• National Minimum Wage
• Statutory Dismissal and Disciplinary Procedures
• Statutory Grievance Procedures
• Parental Responsibility for Children aged 16 and under
Click here for details of the new Employment Regulations

26-03-2009 - UK and World Economy News
Click on the links to read the reviews
UK economy indicators for the last 3 months of 2008
Head of IMF calls for unity ahead of G20 meeting
IMF says World Faces Crisis Crossroads at G-20 Summit
IMF Note on Global Economic Policies and Prospects

25-03-2009 - Invitation to tender for The Legal Complaints Service (LCS) work.
The Legal Complaints Service (LCS) announced a tender looking for more firms to support its complaint handling process. TBCCI members in the legal services to view the tender announcement should logon to the Members Zone; select ‘Other TBCCI Documents’ and click on ‘Legal Complaints Service tender’ link.

23-03-2009 - Circular about A.TR Movement Certificates from Turkey now valid From 23.03.2009
The procedures for the sale and certification of A.TR Movement Certificates for exports from Turkey to EU, as announced by The Union of Chambers and Commodity Exchanges of Turkey, is now effective from 23.03.2009. For details, click here

21-03-2009 - EU will open the chapter on ‘Energy’ with Turkey
The EU Presidency is considering giving priority to the opening of the chapter on Energy in full membership negotiations with Turkey. The Czech EU presidency intends also to open two chapters on social policy, employment and taxation.

21-03-2009 - French energy group Schneider to invest € 50 million in Turkey
Schneider Electric, whose head office for its operations in 16 countries in Asia and Europe has recently been set up in Turkey, will invest €50 million in Turkey in three years.

21-03-2009 - Turkey’s Central Bank reduced lowered its base interest rate by 1%
Turkey’s Central Bank lowered its overnight borrowing rate to 10.5%, lowest so far, the fifth successive cut totallling 6.25% since November 2008.

17-03-2009 - Turkey to join Financial Stability Forum
Turkey will become a member of the Financial Stability Forum that was set up in 1999 to promote international financial stability and the development of the global financial system. The Forum includes major national financial authorities; finance ministries, central bankers and international financial bodies

17-03-2009 - EU court rules UK employees can be retired at 65
According to the new European Court of Justice ruling, UK businesses can continue to force employees to retire at age 65, however the final decision still will rest with the UK high court. For comments see
The Guardian
The Times
British Chambers of Commerce

14-03-2009 - New Turkish Financial Package
The Turkish government will introduce a $3.2 billion financial package. Tax rates in the automotive, white goods and housing sectors will be reduced for three months to boost the economy

12-03-2009 - Turkish-German partnership for the wind plants
German energy company Epuron and Turkish local partner Atseven Group applied for the licence of 10 wind power plants with the production capacity of 2,986 megawatts in Turkey.

12-03-2009 - EIB to loan 2.2 billion € to Turkey
European Investment Bank (EIB) will provide a EUR 2.2 billion loan to Turkey to be used by Small and Medium-sized businesses (SMEs) as part of a joint action plan, launched by EBRD, EIB and the World Bank

11-03-2009 - News about Turkish Economy
• Turkish-German partnership for the wind plants
• EIB to loan 2.2 billion € to Turkey
• TPAO - Exxon, EOG Turkish exploration deals
• German EnBW to take 50% in Turkey
• Cisco: Turkey signals “all green” in long term
For details about these and other Turkish economy news, click here

09-03-2009 - TPAO - Exxon, EOG Turkish exploration deals
Reuters reported that the Turkish Petroleum Corporation, TPAO, signed non-disclosure oil exploration deals with ExxonMobil and EOG for joint exploration in Turkey's southeastern region and the Black Sea, estimated to contain 10 billion barrels of crude and 1.5 trillion cubic meters of natural gas reserves

09-03-2009 - German EnBW to take 50% in Turkey
German firm EnBW will take a 50% stake in the energy unit of Turkish conglomerate Borusan Holding, who signed a strategic partnership for wind parks and hydroelectric power plants investment.

09-03-2009 - Cisco: Turkey signals “all green” in long term
Emerging Markets Theatre section of US Cisco Systems announced that they are proceeding with USD 275 million investment in Turkey, which ranks 6th in their investment plans

08-03-2009 - News about UK Economy
• Bank of England reduced interest rates to 0.5%
• UK Economy 2008: Macroeconomic Indicators
For details about these and other UK economy news, click here

08-03-2009 - Bank of England reduced interest rates to 0.5%.
The Bank of England reduced interest rates by a 0.5% point to 0.5% and announced the start of its unconventional policy of “quantitative easing to boost the money supply, See Comments by The Economist

02-03-2009 - UK 2008 Macroeconomic Indicators
British economy has contracted by 1.5% and 0.6% in the last two quarters of 2008; the result of reduced services and production. For the full year 2008, UK economy rose by 0.7% as compared to 2007. For more information, see
UK 2008 Macroeconomic Indicators
UK 2008 Trade
Bloomberg’s comments

02-03-2009 - UK Exports-Imports 2001-2008
Among UK’s export and import partners, Turkey became 17th in terms of volume and 5th in annual average growth rate ranking between 2001 and 2008. For a full list of UK exports and imports, see 2001-2008 UK Export Import Tables .

01-03-2009 - News About Economy
• UK Economy 2008: Macroeconomic Indicators (New)
• UK Exports-Imports (New)
• Turkey to promote FDI with new incentives
• Tax advantage for foreign investments
• Plan to tackle unregistered economy
• Istanbul 3rd in European Property market
• Turkish & UK Wind energy production
• Turkish banks’ value in the crisis
For details about these news, click here

28-02-2009 - Export Import News and Announcements
Export – Import news and new procedures applicable to the export to Turkey of the products below.
EU Duty Suspension Scheme for UK Importers (New)
• Radio and Telecommunication Terminal Equipment
• Batteries and Accumulators
• Construction Materials and Products
• Medical Appliances
• Personal Protective Equipment and Products
• Toys and Toy Products
• Textiles - Ready Made Garments; Exporter Registry Form
For these and all news and announcements about Exports and Imports, click here

27-02-2009 - EU Duty Suspension Scheme for UK Importers (and Exporters)
Tariff Suspensions Scheme which allows the duty free importation into the Community of raw materials, components and semi-finished products which cannot be supplied (or supplied in sufficient quantities) from Community sources and used in a process to make another product.

16-02-2009 - Free business support by Business Link
A range of free support service by Business Link to find finance, raise productivity or save money by reducing waste and saving energy. Click here

16-02-2009 - Smallbusinessadvice.tv
Smallbusinessadvice.tv is a specialist online TV resource brought by the British Chambers of Commerce aimed specifically at UK small businesses Commerce. click here

14-02-2009 - Export of Personal Protective material and goods to Turkey
The new procedure for export to Turkey of Personal Protective material and goods; for what the UK exporter must do, click here

07-02-2009 - UK investments in Turkey (2003-2008)
UK Direct Investment inflow to Turkey continued to increase in 2008

30-01-2009 - New Procedure for Export of Toy products to Turkey
The new procedure for export to Turkey of Toy products not originating in the European Union member countries; what the UK exporter must do.

28-01-2009 - Exporter Registry Form requirement for Textile & Ready Made Garments exports to Turkey
Textile & Ready Made Garments exports to Turkey must be accompanied by an Exporter Registry Form. To view the Form, product codes and the required certifications provided by the TBCCI, click on the Exporter Registry document.

27-01-2009 - Companies House: Changes to the Accounts Late Filing Penalties
Companies House announced new late filing penalties from 1st February 2009

18-01-2009 - Incentives to be granted for investments in new technology
Tax incentives will be granted for investments in Turkey, particularly those with new technologies. Investment income will not be taxed until 50% of the investment is paid off.

18-01-2009 - Assets of Turkish Banks increased by 5.2% in October
The Turkish Banking Regulation and Supervision Agency has announced that the Turkish banking sector assets increased by 5.2% in October.

10-01-2009 - Economic Forecast by the British Chambers of Commerce
The British Chambers of Commerce (BCC) published the first Economic Forecast update for 2009

07-01-2009 - TURKEY
World Bank Praises Turkey's Privatisation Course. Turkey Plans More Privatizations In 2009

05-01-2009 - Turkey Drops the ’Y’ in its National Currency
Turkey has started to use the Turkish Lira (TL) once again, as the Y in YTL (the "new" of the New Turkish Lira), is dropped. The Turkish Central Bank put into circulation country's new currency the "Turkish Lira" (TL) replacing the "New Turkish Lira" (YTL) from 1 January 2009.

31-12-2008 - UK-Turkey Export Import Trade Nov 2008)
In November 2008, Export Import trade between the UK and Turkey declined by 39.1% compared to the same month in 2007. In the 2008 January-November eleven months period, there was a cumulative increase of 0.3% over the same period last year.

27-12-2008 - Turkey tipped in an ABTA and FCO report as a 2009 holiday hotspot for British holidaymakers
ABTA (The Association of British Travel Agents), UK's premier trade association, and the FCO (Foreign Office) have released a Travel Trends Report, predicting Turkey as a top holiday destination in 2009 for British holidaymakers.

26-12-2008 - Turkey Tourism Surpass 2008 Target in 11 Months
The number of foreigners arriving in Turkey in January-November 2008 became 25 245 301 with an increase of 13.1%. The number of visitors from the UK, 2 129 089, reached the highest to date.

17-12-2008 - Buying Property In Turkey, Wednesday, 17 December 2008
A panel-seminar on the Legal, Banking, Mortgage and Market aspects of Buying Property in Turkey for non-Turkish nationals.

16-12-2008 - Easy Jet flights to Istanbul Sabiha Gokcen Airport
Easy Jet commences flights form London Gatwick to Sabiha Gökçen Internatıonal Aırport, Istanbul

16-12-2008 - New Provisions of the Companies Act 2006
New provisions of the Companies Act 2006, including Objection to Company Names, Trading Disclosures, Corporate directors and Directors conflicts of interest duties

16-12-2008 - HMRC / Business Link launches Company Name and Trade Mark Checker
New online service to check prospective Company Names and Trade Marks simultaneously against Companies House and the UK Intellectual Property Office registers.

14-12-2008 - Companies House Online Services
Companies House announced that they will shortly be increasing their service hours to open on Sundays from 28 December 2008

01-12-2008 - VAT .. EFFECT OF THE PRE-BUDGET REPORT 2008
See Customs CIP Notice (08) 74 attached, clarifying the effect on imports and exports following the standard VAT rate change effective midnight on 1st December 2008.

27-11-2008 - TBCCI Annual General Meeting
TBCCI Annual General Meeting will be held on 27 November 2008 at 6:00 pm at 2nd Floor Bury House, 33 Bury Street, London SW1Y 6AU.

07-11-2008 - TBCCI Reception in Istanbul, Friday, 7 November 2008
All TBCCI members are invited to the TBCCI-CNR reception that will be held in Istanbul on Friday, 7 November 2008

Date: 7.11.2007
Time: 19:00
Venue: CNR Holding, CNR EXPO, Next to Ataturk Airport, Yesilkoy/Istanbul 34149 TURKEY

21-10-2008 - A special conference on Banking on Turkey
21 October 2008, London. Financial Times Global Events. Keynote speaker: Mehmet Simsek, Minister of State for Economy, Turkey. TBCCI members discount available.

17-10-2008 - Turkey wins seat on the UN Security Council
Turkey has won a seat on the U.N. Security Council and will serve a two-year term beginning 1 January 2009

12-10-2008 - New TBCCI webpage for Power of Attorney prepared in Turkey
A new section has been added in English and Turkish on the TBCCI website presenting detailed information about Powers of Attorney prepared in Turkey.

12-10-2008 - Turkey to receive EBRD Investments of $600m by 2010
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) recommends Turkey to become a recipient of $600m of EBRD investment by 2010.

11-10-2008 - HS Online Training: Free Trial
TBCCI members are invited to a free trial of the new TBCCI On-line Health & Safety Training

10-10-2008 - New Turkish Property Legislation
The legislation approving property sales in Turkey to foreign nationals has came into effect on July 15, 2008.

17-09-2008 - The British Chamber of Commerce of Turkey (BCCT) Networking event
Networking event about 2008-2009 expectations. All TBCCI members are ivited to this networking event
September 17th, 2008, Wednesday

 

 



Visit our Privilege Card page to view the new benefits offered to Chamber members


Monthly TBCCI Newsletter Signup: