Keep Us Strong WikiLeaks logo

Currently released so far... 97115 / 251,287

Articles

Browse latest releases

Browse by creation date

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ETRD EAGR ETTC EAID ECON EFIN ECIN EINV ELAB EAIR ENRG EPET EWWT ECPS EIND EMIN ELTN EC ETMIN EUC EZ ET ELECTIONS ENVR EU EUN EG EINT ER ECONOMICS ES EMS ENIV EEB EN ECE ECOSOC EK ENVIRONMENT EFIS EI EWT ENGRD ECPSN EXIM EIAD ERIN ECPC EDEV ENGY ECTRD EPA ESTH ECCT EINVECON ENGR ERTD EUR EAP EWWC ELTD EL EXIMOPIC EXTERNAL ETRDEC ESCAP ECO EGAD ELNT ECONOMIC ENV ETRN EIAR EUMEM ENRGPARMOTRASENVKGHGPGOVECONTSPLEAID EREL ECOM ECONETRDEAGRJA ETCC ETRG ECONOMY EMED ETR ENERG EITC EFINOECD EURM EENG ERA EXPORT ENRD ECONEINVETRDEFINELABETRDKTDBPGOVOPIC EGEN EBRD EVIN ETRAD ECOWAS EFTA ECONETRDBESPAR EGOVSY EPIN EID ECONENRG EDRC ESENV ETT EB ENER ELTNSNAR ECHEVARRIA ETRC EPIT EDUC ESA EFI ENRGY ESCI EE EAIDXMXAXBXFFR EETC ECIP EIAID EIVN EBEXP ESTN EING EGOV ETRA EPETEIND ELAN ETRDGK EAIDRW ETRDEINVECINPGOVCS EPEC ENVI ELN EAG EPCS EPRT EPTED ETRB EUM EAIDS EFIC EFINECONEAIDUNGAGM EAIDAR ESF EIDN ELAM EDU EV EAIDAF ECN EDA EXBS EINTECPS ENRGTRGYETRDBEXPBTIOSZ EPREL EAC EINVEFIN ETA EAGER EINDIR ECA ECLAC ELAP EITI EUCOM ECONEFINETRDPGOVEAGRPTERKTFNKCRMEAID EARG ELDIN EINVKSCA ENNP EFINECONCS EFINTS ECCP ETC EAIRASECCASCID EINN ETRP EAIDNI EFQ ECOQKPKO EGPHUM EBUD ECONEINVEFINPGOVIZ ENERGY ELB EINDETRD EMI ECONEFIN EIB EURN ETRDEINVTINTCS EIN EFIM ETIO ELAINE EMN EATO EWTR EIPR EINVETC ETTD ETDR EIQ ECONCS EPPD ENRGIZ EISL ESPINOSA ELEC EAIG ESLCO EUREM ENTG ERD EINVECONSENVCSJA EEPET EUNCH ECINECONCS ETRO ETRDECONWTOCS ECUN EFND EPECO EAIRECONRP ERGR ETRDPGOV ECPN ENRGMO EPWR EET EAIS EAGRE EDUARDO EAGRRP EAIDPHUMPRELUG EICN ECONQH EVN EGHG ELBR EINF EAIDHO EENV ETEX ERNG ED
KMDR KPAO KPKO KJUS KCRM KGHG KFRD KWMN KDEM KTFN KHIV KGIC KIDE KSCA KNNP KHUM KIPR KSUM KISL KIRF KCOR KRCM KPAL KWBG KN KS KOMC KSEP KFLU KPWR KTIA KSEO KMPI KHLS KICC KSTH KMCA KVPR KPRM KE KU KZ KFLO KSAF KTIP KTEX KBCT KOCI KOLY KOR KAWC KACT KUNR KTDB KSTC KLIG KSKN KNN KCFE KCIP KGHA KHDP KPOW KUNC KDRL KV KPREL KCRS KPOL KRVC KRIM KGIT KWIR KT KIRC KOMO KRFD KUWAIT KG KFIN KSCI KTFIN KFTN KGOV KPRV KSAC KGIV KCRIM KPIR KSOC KBIO KW KGLB KMWN KPO KFSC KSEAO KSTCPL KSI KPRP KREC KFPC KUNH KCSA KMRS KNDP KR KICCPUR KPPAO KCSY KTBT KCIS KNEP KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KNNB KGCC KINR KPOP KMFO KENV KNAR KVIR KDRG KDMR KFCE KNAO KDEN KGCN KICA KIMMITT KMCC KLFU KMSG KSEC KUM KCUL KMNP KSMT KCOM KOMCSG KSPR KPMI KRAD KIND KCRP KAUST KWAWC KTER KCHG KRDP KPAS KITA KTSC KPAOPREL KWGB KIRP KJUST KMIG KLAB KTFR KSEI KSTT KAPO KSTS KLSO KWNN KPOA KHSA KNPP KPAONZ KBTS KWWW KY KJRE KPAOKMDRKE KCRCM KSCS KWMNCI KESO KWUN KPLS KIIP KEDEM KPAOY KRIF KGICKS KREF KTRD KFRDSOCIRO KTAO KJU KWMNPHUMPRELKPAOZW KEN KO KNEI KEMR KKIV KEAI KWAC KRCIM KWCI KFIU KWIC KCORR KOMS KNNO KPAI KBWG KTTB KTBD KTIALG KILS KFEM KTDM KESS KNUC KPA KOMCCO KCEM KRCS KWBGSY KNPPIS KNNPMNUC KWN KERG KLTN KALM KCCP KSUMPHUM KREL KGH KLIP KTLA KAWK KWMM KVRP KVRC KAID KSLG KDEMK KX KIF KNPR KCFC KFTFN KTFM KPDD KCERS KMOC KDEMAF KMEPI KEMS KDRM KEPREL KBTR KEDU KNP KIRL KNNR KMPT KISLPINR KTPN KA KJUSTH KPIN KDEV KTDD KAKA KFRP KWNM KTSD KINL KJUSKUNR KWWMN KECF KWBC KPRO KVBL KOM KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KEDM KFLD KLPM KRGY KNNF KICR KIFR KM KWMNCS KAWS KLAP KPAK KDDG KCGC KID KNSD KMPF KPFO KDP KCMR KRMS KNPT KNNNP KTIAPARM KDTB KNUP KPGOV KNAP KNNC KUK KSRE KREISLER KIVP KQ KTIAEUN KPALAOIS KRM KISLAO KWM KFLOA
PHUM PINR PTER PGOV PREL PREF PL PM PHSA PE PARM PINS PK PUNE PO PALESTINIAN PU PBTS PROP PTBS POL POLI PA PGOVZI POLMIL POLITICAL PARTIES POLM PD POLITICS POLICY PAS PMIL PINT PNAT PV PKO PPOL PERSONS PING PBIO PH PETR PARMS PRES PCON PETERS PRELBR PT PLAB PP PAK PDEM PKPA PSOCI PF PLO PTERM PJUS PSOE PELOSI PROPERTY PGOVPREL PARP PRL PNIR PHUMKPAL PG PREZ PGIC PBOV PAO PKK PROV PHSAK PHUMPREL PROTECTION PGOVBL PSI PRELPK PGOVENRG PUM PRELKPKO PATTY PSOC PRIVATIZATION PRELSP PGOVEAIDUKNOSWGMHUCANLLHFRSPITNZ PMIG PREC PAIGH PROG PSHA PARK PETER POG PHUS PPREL PS PTERPREL PRELPGOV POV PKPO PGOVECON POUS PGOVPRELPHUMPREFSMIGELABEAIDKCRMKWMN PWBG PMAR PREM PAR PNR PRELPGOVEAIDECONEINVBEXPSCULOIIPBTIO PARMIR PGOVGM PHUH PARTM PN PRE PTE PY POLUN PPEL PDOV PGOVSOCI PIRF PGOVPM PBST PRELEVU PGOR PBTSRU PRM PRELKPAOIZ PGVO PERL PGOC PAGR PMIN PHUMR PVIP PPD PGV PRAM PINL PKPAL PTERE PGOF PINO PHAS PODC PRHUM PHUMA PREO PPA PEPFAR PGO PRGOV PAC PRESL PORG PKFK PEPR PRELP PREFA PNG PGOVPHUMKPAO PRELECON PINOCHET PFOR PGOVLO PHUMBA PRELC PREK PHUME PHJM POLINT PGOVPZ PGOVKCRM PGOVE PHALANAGE PARTY PECON PEACE PROCESS PLN PRELSW PAHO PEDRO PRELA PASS PPAO PGPV PNUM PCUL PGGV PSA PGOVSMIGKCRMKWMNPHUMCVISKFRDCA PGIV PRFE POGOV PEL PBT PAMQ PINF PSEPC POSTS PHUMPGOV PVOV PHSAPREL PROLIFERATION PENA PRELTBIOBA PIN PRELL PGOVPTER PHAM PHYTRP PTEL PTERPGOV PHARM PROTESTS PRELAF PKBL PRELKPAO PKNP PARMP PHUML PFOV PERM PUOS PRELGOV PHUMPTER PARAGRAPH PERURENA PBTSEWWT PCI PETROL PINSO PINSCE PQL PEREZ PBS

Browse by classification

Community resources

courage is contagious

Viewing cable 05ANKARA5986, TURKISH BUSINESS RELIEVED OVER START OF EU

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #05ANKARA5986.
Reference ID Created Released Classification Origin
05ANKARA5986 2005-10-04 16:23 2011-08-24 01:00 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Ankara
This record is a partial extract of the original cable. The full text of the original cable is not available.
UNCLAS SECTION 01 OF 02 ANKARA 005986 
 
SIPDIS 
 
SENSITIVE 
 
TREASURY FOR INTERNATIONAL AFFAIRS - CPLANTIER 
NSC FOR MCKIBBEN 
 
E.O. 12958: N/A 
TAGS: ECON EFIN ECIN TU EU
SUBJECT: TURKISH BUSINESS RELIEVED OVER START OF EU 
ACCESSION TALKS 
 
REF: A. ANKARA 5978 
     B. ANKARA 5932 
 
1. (SBU) Summary: As expected, the business community 
breathed a collective sigh of relief over the start of EU 
accession talks, though many claimed they had always been 
confident of the outcome.  The business community has been 
among a key constituency in support of EU accession, however, 
their comments reflect that they were not immune to the 
national frustration with perceived EU obstructionism. 
Business leaders also tend to be more aware than most Turks 
of the difficulties that lie ahead.  In private, business 
contacts take a more positive tone, recognizing the value of 
the EU accession process--rather than just the end result--as 
a pro-reform stabilizing force that allows businesses, both 
domestic and foreign, to invest and plan for a longer time 
horizon.  End Summary. 
 
---------------------------------- 
Business Breathes a Sigh of Relief: 
---------------------------------- 
 
2. (SBU) Though many businesspeople insisted they never had 
any doubt the EU talks would go forward, Turkish business 
leaders breathed a collective sigh of relief over the 
long-awaited start of EU accession talks.  A taste of what 
was in store had the talks not started was the market 
sell-off Monday morning in reaction to the negative news flow 
(ref b).  Once the news flow turned around in the middle of 
the day on Monday, Turkish financial markets embarked on an 
extended rally--so much so that the Central Bank intervened 
in the foreign exchange market on Tuesday to brake the 
appreciation of the lira.  Rifat Hisarciklioglu, the 
President of the Union of Turkish Chambers of Commerce (TOBB) 
spoke for the entire business community when he congratulated 
the GOT on this "historic" moment. 
 
--------------------------------------------- ------ 
Business Leaders Not Immune to National Frustration: 
--------------------------------------------- ------ 
 
3. (SBU) In their public comments, a number of businessmen 
tended to reflect the national mood of wounded pride and 
frustration with perceived EU obstructionism.  Over the 
weekend, perhaps out of a desire to show solidarity with the 
Government position and maintain pressure on the EU, TUSIAD, 
the Istanbul-based association of leading industrialists, 
publicly said it supported the Government's unwillingness to 
cross its "red lines."  Oguz Satici, the President of the 
Exporters' Union said the the negotiations were "a test for 
the EU not for us.  If the negotiations had not begun it 
would damage the interests of the EU worse than those of 
Turkey." Ankara Chamber of Industry Chariman Zafer Caglayan 
said the EU had tested Turkey's patience and that "the EU is 
a road having many bends; it has 35 open drainage ditches." 
Most extreme of all--and not representative--was the anti-EU 
position of Ankara Chamber of Commerce Chairman Sinan Aygun 
who likened the EU process to the notorious Sevres treaty 
after World War I, which to the Turkish mind symbolizes 
humiliation and subjugation by the western powers. 
 
--------------------------------------- 
Market Analysts Accentuate the Positive: 
--------------------------------------- 
 
4. (SBU) Market analysts in Istanbul, who speak to a more 
financial--and more international--audience than the business 
leaders, were uniformly positive on the EU news. Analysts 
such as Baturalp Candemir of EFG Istanbul Securities or 
Tevfik Aksoy of Deutsche Bank point to the stabilizing impact 
of the "EU anchor."  Candemir noted that the EU accession 
process will "make it difficult for Turkish governments to 
abandon the implementation of sound economic policies and 
reverse reforms."  Echoing a widely-held view among 
economists and the business community, Candemir expects a 
"positive impact on growth rates, privatization and capital 
inflows." 
 
------------------------------ 
EU Improves Investment Outlook: 
------------------------------ 
 
5. (SBU) A number of analysts and business leaders commented 
on the favorable impact on investment, including foreign 
investment.  Privately, many contacts have told us that the 
start of the EU accession process allows businesses to invest 
and plan with a longer time horizon.  Mustafa Alper of the 
Foreign Investors' Association (YASED) said the EU decision 
was extremely positive for foreign investment, expecting a 
pick-up in the pace of FDI.   Aclan Acer, of the Dogus Group, 
told Istanbul econoff that he expects large inflows of 
investment during the accession preriod. 
 
---------------------------- 
Realism About the Road Ahead: 
---------------------------- 
 
6. (SBU) Several business leaders noted that the way ahead 
would not be easy.  Former Istanbul Chamber of Industry 
Husamettin Kavi said the accession period would be extremely 
difficult for Turkey, particularly with regard to services, 
agriculture and environment.  Guler Sabanci, CEO of the giant 
Sabanci conglomerate, though overall very positive in tone, 
noted there would be difficulties from now on. 
 
------- 
Comment: 
------- 
 
7. (SBU) The mixed statements by many business leaders 
probably reflect a combination of realism about the 
difficulties ahead and their frustration as Turkish citizens 
over perceived EU goalpost-moving.  On the other hand, the 
market reaction--a huge rally--is probably a more meaningful 
indicator of what the EU accession really means for Turkish 
business prospects than the public posturing of the leaders 
of business associations.  Turkish business had pushed hard 
for the GOT to get to October 3 and will clearly reap huge 
benefits from Turkey's new status as an accession country, as 
well as from the stabilizing and reformist accession process 
itself. 
 
 
 
 
 
------------------- 
 
MCELDOWNEY