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After its meeting on February 4th, the IMF board approved an additional $12bn loan package for Turkey, bringing the total over the next three years to $16.3bn. Of this total, $9.3bn was made immediately available.
Continued debate has surrounded Turkey's most recent steps towards EU accession: the consideration of a package of bills that concentrates on human rights and freedom of speech.
International observes are hoping for a final breakthrough in the Cyprus peace talks, after the rival leaders Glafcos Clerides and Rauf Denktas, from Greek and Turkish Cyprus respectively, agreed on January 16th to meet three times a week in a bid to accelerate talks.
Turkey has revised its estimated natural gas requirements in 2002 to around 21 billion cubic metres (bcm) according to the Energy Minister Zeki Cakan on January 12th.
The Turkish Prime Minister Bulent Ecevit has spent the last week in the US hoping to garner support for economic reforms at home and trade concessions for Turkish exports to the US.
While this month marks the first anniversary of Azerbaijan's membership of the Strasbourg-based Council of Europe, the celebrations are likely to be over-shadowed by questions over Azeri commitments to democratisation and human rights.

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