Advancing U.S.- Türkiye Corporate Diplomacy, Trade, and Investment for a Resilient Future

As global markets grapple with inflation, shifting trade dynamics, and rising protectionism, economic resilience has become a critical competitive advantage. On April 25, 2025, Meridian International Center convened Advancing U.S.- Türkiye Corporate Diplomacy, Trade, and Investment for a Resilient Future— a timely discussion with His Excellency Mehmet Şimşek, Minister of Finance, Republic of Türkiye. 

With introductory remarks by Anne Brady Perron, Director, Temasek, and moderated by Meridian Trustee David Barrosse, CEO and Founder, Capstone, this convening examined Türkiye’s strategies for navigating global economic uncertainty, the country’s push toward new technologies and sustainable growth, and the importance of diversifying trade partnerships. 

These Were the Top Takeaways from the Program:

1. Resilience in the Face of Global Economic Uncertainty 

In a time of global economic uncertainty—marked by inflation, protectionism, and shifting trade dynamics— Türkiye is demonstrating notable resilience. The country has leveraged its robust manufacturing base, young workforce, and strategic geographic position to cushion itself from global shocks. Rather than being swept up by external crises, Türkiye has doubled down on strengthening domestic industries, diversifying supply chains, and cultivating regional partnerships. 

At the same time, Türkiye’s economic strategy is evolving beyond short-term stability. Policymakers are advancing fiscal reforms, investing heavily in infrastructure, and accelerating a shift toward renewable energy and green technologies. These future-focused sectors—alongside efforts to tame inflation and promote fiscal discipline—signal Türkiye’s commitment to sustainable, long-term growth. As the global economy demands more tech-driven solutions, Türkiye’s adaptability and investment in green innovation position it as a key player in the next phase of global trade and development. 

2. Leveraging Strategic Geography 

Türkiye’s strategic geographical position—bridging Europe, the Middle East, and Asia—gives it a unique edge in the global manufacturing sector. Despite the challenges of the global trade landscape, Türkiye has cemented itself as a critical player, providing high-quality, cost-effective goods that are becoming increasingly attractive to Western companies looking to diversify their supply chains. 

Türkiye’s diverse industrial capabilities, from textiles to electronics, make it an invaluable player in the shifting supply chains of the post-pandemic world. With several free trade agreements already in place and access to the European Union’s vast market, Türkiye’s strategic manufacturing sector has the potential to drive economic growth even in the face of global economic slowdowns.  

3. U.S.- Türkiye Ties: A New Era of Cooperation 

In recent years, the U.S. and Türkiye have faced moments of tension, yet this period of “honeymoon” provides a golden opportunity for both nations to deepen their cooperation. As Türkiye seeks to diversify its energy sources, strengthen its tech sector, and lead on issues like climate change, the U.S. is emerging as a key strategic partner. 

Türkiye’s focus on developing cutting-edge sectors—like AI, green tech, and aerospace—aligns with U.S. interests, creating a strong foundation for mutually beneficial partnerships. The two nations can capitalize on their shared interests in these industries to forge stronger diplomatic and economic relations, moving beyond past disagreements to focus on future opportunities. Türkiye’s growing role as an energy hub also complements U.S. goals in diversifying energy sources. Shared objectives could redefine the U.S.-Türkiye relations, fostering collaboration on technological innovation, energy, and global security. 

4. Strategic Shifts Toward Regional Diplomacy 

Türkiye is making a strategic pivot toward strengthening regional trade agreements. While global multilateralism faces headwinds, Türkiye is embracing a regional model, focusing on enhancing its trade and diplomatic ties with its immediate neighbors in Europe, Asia, and the Middle East. This regional focus allows Türkiye to play a leading role in shaping the economic and political future of its region. 

Türkiye’s efforts to balance ties with nations like Russia and the Balkans position it as a critical player in both European and Asian markets. This strategy of building strong regional trade corridors can reduce Türkiye’s reliance on uncertain global markets and foster a more predictable economic future. 

5. Attracting Investment 

Türkiye is increasingly recognized for its potential as a destination for foreign investment. Its growing tech sector, along with its commitment to sustainability, positions the country as an attractive hub for foreign direct investment (FDI). With a burgeoning startup ecosystem, competitive labor costs, and an expanding digital infrastructure, Türkiye offers a compelling opportunity for investors seeking to tap into the potential of emerging markets. 

The Turkish government’s commitment to creating a stable, transparent investment climate further boosts the country’s appeal. Türkiye’s emphasis on digital transformation, green technologies, and energy efficiency makes it a particularly attractive proposition for companies looking to diversify into new industries.