Foreign Direct Investment pestel analysis of Turkey

Although the political and security challenges stated above have been worrisome, Turkey is a relatively safe country to holiday and do business. The UK Foreign and Commonwealth Office (FCO) has lifted several warnings on visiting Turkey that were in place for the past few years. Many other big nations also see Turkey as a safe place and advise their citizens on travelling there accordingly.

• Although the political and security challenges stated above have been worrisome, Turkey is a relatively safe country to holiday and do business. The UK Foreign and Commonwealth Office (FCO) has lifted several warnings on visiting Turkey that were in place for the past few years. Many other big nations also see Turkey as a safe place and advise their citizens on travelling there accordingly.
• Turkey has made serious efforts to join the European Union, however, any significant progress is yet to be seen. When and if it happens, Turkey will have access to one of the biggest markets in the world with perhaps freedom of movement for its citizens. However, Turkey and the EU are engaged in a dispute over the divided island of Cyprus. Likewise, many analysts see Ankara’s deepening relationship with Moscow as an obstacle to the accession to the European Union.