WEEKLY REVIEW OF FOREIGN MEDIA 01.08.2012

Japanese economy magazine Nikkei Business defined Turkey as a developing country full of business opportunities with shores in the Black Sea, Mediterranean and Aegean. Pointing out that Japanese companies have 143 branches and 14 representations operating in Turkey, the magazine says Turkish economy is expected to grow by 4 times in the next 10 years. Also touching upon Turkey's foreign policy of zero-problems with neighbors, the magazine says Japanese tourists love Turkey.

German newspaper Die Tageszeitung praises Turkish economy and notes that Turkey's GDP increased by 4% in the last 10 years. The paper says Turkey seems unaffected by the crises in surrounding countries. Die Tageszeitung also quotes Deputy Prime Minister Ali Babacan as having said that Turkey's EU bid will remain as a strategic target.

Delovoy Partner Uzbekistana says tourism sector plays a key role in Turkish economy. The paper says Turkey's tourism revenues increased from $15,8 billion in 2004 to $23 billion in 2011, and the number of tourists increased from 17,5 million in 2004 to 31,5 million in 2011. The paper also notes that Turkey is the 7th biggest country in the world and 2nd in Europe in terms of geothermal potential with 1300 thermal resources. There are 14 golf courses and about 40 yatch marinas and 20 winter sports resorts in Turkey, says the daily. The item on the paper points out that Turkey has many places on the World Heritage Site List, namely historical neighborhoods of Istanbul, Safranbolu, Boğazköy, Mount Nemrut, Divriği Mosque and Darüşşifası, Troy Ancient city, Pamukkale, and Göreme-Capadoica.