Eurasia Center Brief Analysis EC/2022/4. – Turkey as the gateway to East and West

Abstract

Turkey’s position in the world economy has undergone fundamental changes over the past decade. London-based Standard Chartered, a multinational banking and financial services company predicts that Turkey will become the world’s fifth-largest economy by 2030, which, given recent developments and economic indicators, seems far from impossible. At the same time, it has become an unavoidable factor in the global energy market and is occupying an increasingly prominent position in terms of energy security. Today, Turkey is not only a cultural gateway to the East and the West, but has also become a key player in both its economic and energy supply.

Keywords: Middle East, Turkey, Turkish Council, Economy, TANAP, Southern Gas Corridor

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