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Published on : Thursday, July 20, 2017
Germany warned its citizens to take care when travelling to Turkey and threatened to end corporate investment guarantees, steps which could hurt the Turkish economy, in a sign of growing impatience with a NATO ally after the detention of rights activists.
Foreign Minister Sigmar Gabriel said that the policies towards Turkey should go in one direction and cannot continue to do what they have done till now.
Gemany’s DIHK chambers of commerce said that in the current environment investing in Turkey was hard to imagine.
The most concrete measure was to step up warnings to Germans intending to visit Turkey. Bookings from Germany account for around 15 percent of Turkey’s tourists.
Last year, the number of foreign visitors to Turkey fell to 25.4 million which is the lowest in the last nine years. The travel sector contributes some $30 billion to the economy in a normal year, the country’s tourism minister told Reuters earlier this year.
The foreign ministry said that those travelling to Turkey for private or business reasons should exercise increased caution, and should register with German consulates and the embassy, even for shorter visits.