Turkey

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Turkey is set to become a launch pad for China's rapidly growing car industry as it attempts to establish a presence in European markets, signalling growing confidence in the country's already strong automotive sector.
As the expiry date of Turkey's $10bn International Monetary Fund (IMF) loan deal approaches, the question of the future role of the IMF in the Turkish economy has been on the agenda for officials in Ankara and Washington.
Confirmation that Turkey's Constitutional Court will hear a lawsuit aimed at banning the ruling Justice and Development Party (AKP) could have longer term implications for the economy, although at present seasoned observers see the case as - for now - very public verbal fisticuffs.
The proposed 'Union for the Mediterranean', which aims to strengthen ties between the EU and Mediterranean countries in a number of key areas such as energy and security, was approved by EU delegates on March 14 after a two-day summit in Brussels.
In the aftermath of its brief military incursion into Iraq, Turkey appears to have maintained remarkably good relations with both the Iraqi government and the United States, long a key ally.
After a year of setbacks, Turkey's bid for EU membership may start moving forward again.

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