Turkish President Recep Tayyip Erdoğan is set to meet top US business leaders in New York this month to end a feud with international financiers and lure investors back to the country’s markets.
Turkey’s strongman leader and an entourage of lieutenants will seek to woo investors and corporate executives in at least four events timed to coincide with the UN General Assembly in the final week of September, according to the meetings’ main organiser, the Turkey-US Business Council (TAIK), and several other people familiar with the plans.
Turkey’s outreach to corporate America comes 15 months into a sweeping economic overhaul aimed at quelling the country’s long-running inflation crisis. Ankara is also attempting to draw back foreign investors who fled as Erdoğan’s previous policies destabilised Turkey’s $1tn economy and threatened to ignite a balance-of-payments crisis last spring.