” More, the Economic Minister added that “if we complement each other, we will be stronger, and the EU will be able to work in Africa, Iraq, Syria, Pakistan and CentralAsia faster and more easily.
Apart from the military interventions, it also established a security circle in the region by signing new military agreements with CentralAsian countries, Armenia and Belarus.
In this context, the OBOR project reflects the vision of establishing an expansive economic and political sphere of influence by financing the infrastructure and development investments of developing countries in a line extending from CentralAsia to Africa and Latin America.
However, it is also a noticeable trend that groups from the Caucasus and CentralAsia have increasingly been targeted by police operations in the country.
More nationalist discourses started to dominate multilateralist voices and security diplomacy started to become more central actors to Turkey’s foreign policy making since both the Turkish public and Turkish decision makers are getting increasingly disappointed by the US and EU’s indifference to its security concerns.
In 2006, despite the fact that important candidates such as the late Adnan Buyukdeniz and Deputy Prime Minister Mehmet Simsek were available to be appointed to the central bank, they were appointed due to the ideological defenses of the then president.
Historically, central banks in many countries that hold foreign exchange reserves in their hands for urgent needs have started to set up various funds to use their savings profitably, and therefore SWFs have emerged.
The revenue of $5 billion in 2015 which was attained through selling real estate to citizens of CentralAsia, Russia, the UK, and Germany is expected to be doubled gradually (Table 2).
Analysts used the dramatic term “the contract of the century” to describe the emergence of an energy highway from Baku to Ankara via Tbilisi that would link the energy resources of the Caspian Basin and CentralAsia to Europe.
Secondly, the Central Bank of the Republic of Turkey and Qatar Central Bank can also make an agreement that will enable the use of local currencies as the medium of exchange in bilateral trade.
The institutionalization of the development assistance, however, could be achieved only after the establishment of the Turkish Cooperation and Coordination Agency (TIKA) in 1992, whose aim was to support transition economies primarily in CentralAsia, the Caucasus and the Balkans.
For DAESH’s administrative structure – currently three levels of governance dealing with central organization, inner and outer peripheries – losing Mosul might sever the internal ties necessary for maintaining a hierarchical chain of command.
Some argue that FETO works in close cooperation with the US authorities, especially in CentralAsia, where more than 90 percent of Turkish schools are owned by the FETO network.