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(ECO) TURKEY IS ONLY DEVELOPING COUNTRY IN HARMONY WITH EU ACQUIS, FINANCE MINISTER SIMSEK.


MOSCOW, Nov 11, 2009 (TUR tur: see ibex. ) -- Turkish Finance Minister Mehmet Mehmet (also spelled as Memet, Mehmed, or Memed) is the most common Turkish male name. It is the Turkish interpretation of Arabic Muhammad. The word is also commonly used for unranked soldiers in Turkish culture.  Simsek said Wednesday Wednesday: see week.  the Turkish economy displayed growth after shrinking in the first quarter of the global financial crisis.

Speaking at a meeting on Turkish entrepreneurs in Eurasia in Moscow, Simsek stressed that Turkey was the only developing country in harmony with the European Union (EU) acquis.

Our government helped the passage of a law on research and development and the law has been implemented. If a (Turkish) company works on research and development and hire personnel for that purpose, the company would be exempt from all taxes up to 90 percent, Simsek noted.

Research and development are crucial for the Turkish economy, Simsek said.

As one of the world's developing countries, Turkey's biggest advantage is to have harmony with the EU acquis, Simsek also said.

(SOL)

(THROUGH ASIA PULSE)
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Publication:Anadolu (Eskisehir, Turkey)
Geographic Code:0DEVE
Date:Nov 11, 2009
Words:139
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