Minister Şimşek is in Singapore for the first investor meeting in Asia


Lerato Khumalo

Minister of Treasury and Finance Mehmet Şimşek will meet with investors and hold official contacts for two days in Singapore.

According to information obtained from the Ministry of Treasury and Finance, Minister Şimşek will complete his visit to Singapore, which started today, tomorrow evening.

Şimşek will meet with many investors for two days in Singapore and hold official bilateral meetings.

Şimşek, who will meet with Singapore Prime Minister and Minister of Finance Lawrence Wong, will also be received by Singapore President Tharman Shanmugaratnam as part of his visit.

During these meetings, commercial and economic relations between the two countries will be discussed.

Şimşek, who will meet with real sector representatives in Asia as part of his contacts, will also meet with managers of global investment funds within the scope of the “road show” that will be held for the first time in Asia.

In these meetings, Şimşek will explain Turkey’s economic program and invite companies and funds to invest in the country. The companies Şimşek will meet with are also important in terms of direct investment potential.

There is a comprehensive Free Trade Agreement between Turkey and Singapore, one of the important trade and financial centers of Southeast Asia.

The locations of both countries are of strategic importance to each other. While Turkish companies see Singapore as a base for the Asian market, Turkey is seen as an important center for Singapore-based companies to access the European Union market.


Minister Şimşek is also expected to attend the General Assembly meeting of the Financial Action Task Force (FATF) to be held in Singapore.

Şimşek is planned to speak at the meeting, where Turkey’s status on the FATF gray list will also be discussed.