- Title: Hard to see German firms investing in Turkey-DIHK chambers of commerce
- Date: 20th July 2017
- Summary: BERLIN, GERMANY (JULY 20, 2017) (REUTERS) EXTERIOR OF DIHK HEADQUARTERS IN BERLIN SIGN AT ENTRANCE READING DIHK DIHK FOREIGN TRADE CHIEF VOLKER TREIER WALKING BY CAMERA / SIGN READING DIHK CLOSE UP OF SIGN READING DIHK (SOUNDBITE) (English) DIHK FOREIGN TRADE CHIEF, VOLKER TREIER, SAYING: "In between the last 12 months with Turkey is that there is growing uncertainty and there is growing mistrust." EMPLOYEES SEEN THROUGH ELEVATOR (SOUNDBITE) (English) DIHK FOREIGN TRADE CHIEF, VOLKER TREIER, SAYING: "The accusations that a lot of German companies having relations to terrorism in Turkey or are engaged in any financing of terrorism in Turkey, these accusations are really another kick in order to promote an even greater damage and greater concern and greater mistrust between German investors and the framework in what they wanted to invest." PAINTING ON WALL (SOUNDBITE) (English) DIHK FOREIGN TRADE CHIEF, VOLKER TREIER, SAYING: "Our export is decreasing but we have a better overall, better environment for our export but not with Turkey. And with this new damage we are forecasting that our export will go down by ten percent and that there will be almost no new investment stemming from German companies in Turkey." EMPLOYEES SEEN THROUGH GLASS DOOR BUILDING GLASS ROOF
- Embargoed: 3rd August 2017 14:21
- Keywords: Germany Turkey export investment DIHK uncertainty
- Location: BERLIN, GERMANY
- City: BERLIN, GERMANY
- Country: Germany
- Topics: Economic Events
- Reuters ID: LVA0016QIRWR1
- Aspect Ratio: 16:9
- Story Text:Germany's DIHK chambers of commerce said on Thursday (July 20) that it was difficult to imagine German companies investing in Turkey given the uncertainty created by deteriorating ties between the two countries.
"There is growing uncertainty and growing mistrust," DIHK foreign trade chief Volker Treier told Reuters after Germany cast doubt on Turkey's aspirations to join the European Union and issued new travel advice warning of risks to German citizens there.
Many companies have been seized since the coup attempt last year on allegations of links to terrorism.
Turkey has accused Berlin of supporting a U.S. based Muslim cleric it charges with engineering the coup, and of harbouring anti-Turkish "terrorists", including Turkish army officers seeking asylum in Germany.
"These accusations are really another kick in order to promote an even greater damage and greater concern and greater mistrust between German investors and the framework in what they wanted to invest," Treier added. - Copyright Holder: REUTERS
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