
While TÜRKONFED and TÜSİAD leaders emphasized the need to protect production power, move SMEs to Anatolia and strengthen the legal force at the Business World Summit in Elazığ, they stated that inflation poses a strategic risk and cost-based competitiveness is declining.
AI-generated summary
While inflation pressure, production capacity concerns and regional differences are on the agenda in Türkiye, industrial non-governmental organizations want public support to preserve production power and attract investment to Anatolia.
While industrialist non-governmental organizations say that they are ready to do their part for the development of producers and production and the development of Turkey, they expect the public to develop more effective programs. At the TÜRKONFED summit, where Vice President Cevdet Yılmaz was also a guest, warnings and demands regarding economic resilience, competition, fair and sustainable development came to the fore amid the constant uncertainty in the world and the economic downturn in the country.
The 27th Business World Summit, hosted by FIRATSİFED in Elazığ this year, has ended. In her speech yesterday, FIRATSİFED President Yasemin Açık said that in an age of uncertainty, the outcome of the race will be determined by the quality as well as the speed of growth.
Stating that the way to move towards high value-added production and service is through people, Açık said, "The participation of young people and women in production is a matter of economic security. We should direct this manpower to Anatolia." Stating that investments and opportunities should be brought to Anatolia with a mobilization, Açık said to Vice President Cevdet Yılmaz, "We need a special development plan prepared according to the realities of our region. Let's determine investment priorities and needs together."
TÜRKONFED President Süleyman Sönmez suggested the "Factory SME" model to move the industry to Anatolia and said, "We are feeding the bottom wave in the SME base very strongly, and we expect deeper support and guidance from the public for our SMEs." Sönmez said that the most urgent issue is the preservation of production capacity.
Stating that "the disinflation process eroding our production heritage would be a strategic risk, not a cyclical economic problem. Deindustrialization also produces social consequences," Sönmez emphasized that a significant part of the deviations in inflation and current account balance in the MTP were explained by the temporary effects of the regional war on energy and commodity prices, but that the postponement of the inflation calendar is not just a technical revision for the real sector, but a matter of expectation management and investment confidence.
Sönmez said, "We think that an implementation in which the inflation path, fiscal policy and managed prices support each other and the targets are achieved within the determined schedule is critical."
LAW and MERIT
TÜSİAD President Ozan Diren announced that in the second quarter of 2026, cost-based competitiveness decreased by 1.3 percent compared to the previous quarter and 2.9 percent compared to the same period last year. Emphasizing that companies cannot invest in areas important for competition, such as technology and innovation, when costs are permanently deteriorated, Diren demanded "targeted, selective, transparent and measurable" financing opportunities.
Diren said, "A ground where legal security, transparency, competition, merit and institutional predictability are strengthened is essential for the predictable investment environment necessary for development in every region."
TÜSİAD High Advisory Council President Ömer Aras said:
"Uncertainty may be permanent, but fragility is not destiny. We have to combine our regional production diversity and geographical advantage with productivity, technology, education and strong institutions."

Garanti BBVA General Manager Recep Akten stated at a pre-COP31 event to be held in Antalya that it is necessary to go beyond financial targets and accelerate implementation. He emphasized that the stories behind financial numbers create real impact.

While the fund earthquake investigations continue, the victims are coming out to the public and it has been learned that they will hold a press conference in the Parliament tomorrow with CHP Karabük Deputy Cevdet Akay. Akay raised critical questions regarding the use and transparency of public resources by questioning the portfolios of public institutions in investment funds.

Corn harvest has started in Erköklü District of Batman province. Provincial Agriculture and Forestry Director Necdet Tuncer met with the farmers and stated that corn was planted on 60 thousand decares, a yield of 1.5 tons per decare was expected and that rotation was required within the scope of planned production. Farmer Ramazan Akın stated that he planted corn on 1200 decares and that they are expecting a fruitful season.

At the meeting chaired by President Erdoğan, it was planned to make priority payments to fund victims who will receive less than 1 million TL. While the removal of 66 funds from the liquidation list is being evaluated, the economic bureaucracy will meet again on Tuesday for final decisions.

Minister of Trade Ömer Bolat announced at the 21st MÜSİAD International Fair in Istanbul that Türkiye's annual goods exports exceeded 280 billion dollars. At the fair, where a purchasing committee of 400 people from 70 countries participated, the year-end export target of goods and services was repeated as 410 billion dollars.
Vice President Cevdet Yılmaz announced Türkiye's gradual growth targets and economic resilience strategies until 2029 at the TÜRKONFED Business World Summit held in Elazığ. Yılmaz emphasized that the cost of terrorism to the economy is 2.3 trillion dollars.