Union of Chambers & Commodity Exchanges of Turkey TOBB Union of Chambers & Commodity Exchanges of Turkey

GLOBALIZATION Global Foreign Trade Volume 1990 : $ 1 trillion Change in World Economic Outlook Developed Countries share in World Output decreased below 50 % Emerging Markets share in World Export increaed 42 % In 2007; Increase in GDP of Developed Countries; $1,4 trillon Increase in GDP of Emerging Markets; $ 1,6 trillion Between 1990-2007 Average annual Global Economic Growth : 4 % Average annual increase in Global Foreign Trade volume : 10 %

Turkey’s global storyline: - An investment hub, with access to markets of 1 billion people. - the strongest private sector and institutional infrastructure between EU and China 3

Need for revitalization of the “SILK ROAD” Europe-East Asia trade volume: $ 600 billion The China Supply Chain Bottleneck problem PORT Bottleneck E.U. North Europe Middle East USA_East Coast USA-West Coast Black Sea PORT Bottleneck

The new SILK ROAD – alternative routes a TIR system; that enables haulage from the Pacific Ocean to the Atlantic Ocean 5

Importance of Road Transport Almost half of Turkey’s exports is realized through roads Turkey has the biggest road transport fleet in the Europe Global TIR-carnet usage; 3 million, Turkey is the country that uses the TIR System the most. TOBB is the biggest issuer of TIR-Carnet (in 2007, 788 thousand TIR-carnets have distributed by TOBB) Total liability of guarantee that TOBB undertook, as the guarantor establishment of Turkey, for TIR carnets only in 2007 has reached $ 40 billion

Conclusion; time has come for PPP

GLOBALIZATION Global Foreign Trade Volume 1990 : $ 1 trillion Change in World Economic Outlook Developed Countries share in World Output decreased below 50 % Emerging Markets share in World Export increaed 42 % In 2007; Increase in GDP of Developed Countries; $1,4 trillon Increase in GDP of Emerging Markets; $ 1,6 trillion Between 1990-2007 Average annual Global Economic Growth : 4 % Average annual increase in Global Foreign Trade volume : 10 %