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Erdoğan’s vision: Türkiye sets sail for economic growth in Asia-Pacific

by Tülay Kalyon Haznedaroğlu

Feb 14, 2025 - 12:05 am GMT+3
President Recep Tayyip Erdoğan leaves Indonesia for Islamabad on the private plane “TC-TRK,” Halim Perdanakusuma Airport, Jakarta, Indonesia, Feb. 12, 2025  (AA Photo)

Cumhurbaşkanı Recep Tayyip Erdoğan, özel uçak "TC-TRK" ile Pakistan'ın başkenti İslamabad'a gitmek üzere Endonezya'dan ayrıldı. Cumhurbaşkanı Erdoğan'ı, Halim Perdanakusuma Askeri Havalimanı'nda, Endonezya Cumhurbaşkanı Prabowo Subianto uğurladı. ( TCCB/ Mustafa Kamacı - Anadolu Ajansı )
President Recep Tayyip Erdoğan leaves Indonesia for Islamabad on the private plane “TC-TRK,” Halim Perdanakusuma Airport, Jakarta, Indonesia, Feb. 12, 2025 (AA Photo) Cumhurbaşkanı Recep Tayyip Erdoğan, özel uçak "TC-TRK" ile Pakistan'ın başkenti İslamabad'a gitmek üzere Endonezya'dan ayrıldı. Cumhurbaşkanı Erdoğan'ı, Halim Perdanakusuma Askeri Havalimanı'nda, Endonezya Cumhurbaşkanı Prabowo Subianto uğurladı. ( TCCB/ Mustafa Kamacı - Anadolu Ajansı )
by Tülay Kalyon Haznedaroğlu Feb 14, 2025 12:05 am

Türkiye intends to boost economic ties with the Asia-Pacific region, aiming for trade growth, innovation and investment

Türkiye is boldly expanding its economic influence in the Asia-Pacific region. Under President Recep Tayyip Erdoğan’s leadership, the country is strengthening its diplomatic and trade ties with key partners like Malaysia, Indonesia and Pakistan. Experts believe these efforts could open a new chapter in trade and investment.

During his visits, Erdoğan co-chairs High-Level Strategic Cooperation Council meetings in Indonesia and Pakistan. He also signs agreements across multiple sectors and engages with local business leaders. Beyond trade, these meetings also tackle pressing global issues, including the ongoing crisis in Gaza.

Türkiye has been actively engaging with regional trade blocs like the Association of Southeast Asian Nations (ASEAN), aiming to broaden trade agreements and build stronger diplomatic alliances. The 2015 free trade pact with Malaysia set an important precedent, and ongoing negotiations with Indonesia are expected to bring new developments in the future. Türkiye’s involvement in the Asia Cooperation Dialogue (ACD) has also deepened its economic ties within the region.

Beyond traditional trade, Türkiye is exploring opportunities in energy, technology and innovation. Collaborations with Malaysia’s Petronas and Indonesia’s Pertamina highlight its interest in diversifying energy sources. Meanwhile, joint ventures in artificial intelligence, fintech and the digital economy are gaining traction, marking a shift toward high-tech industries.

But Türkiye isn’t just looking to export more – it also wants to attract investment from Asia-Pacific businesses seeking a foothold in Europe and the Middle East. With its strategic location, strong manufacturing sector and skilled workforce, the country offers a compelling destination for investors.

At the same time, Turkish companies are expanding their presence in Asia. Defense, aviation and technology firms are forming partnerships in Malaysia and Indonesia, while the textile and construction industries see growing opportunities in the region. Erdoğan’s outreach has been instrumental in integrating Türkiye into Asia’s economic landscape.

But, challenges remain. Logistical bottlenecks, geopolitical uncertainties and stiff competition from India and Gulf nations mean Türkiye must carve out a distinct advantage in Asia-Pacific trade.

To stay ahead, it must enhance its infrastructure, refine trade diplomacy and tap into emerging sectors like technology and green energy. Expanding shipping routes, increasing air travel agreements, and strengthening digital trade platforms will be key to accelerating its trade ambitions.

With new free trade agreements on the horizon and strategic partnerships taking shape, Türkiye is positioning itself as a vital bridge between Asia and Europe. Erdoğan’s proactive diplomacy lays the groundwork for long-term economic growth, reinforcing Türkiye’s status as a rising global trade powerhouse.

About the author
Journalist, TV broadcaster
The views and opinions expressed in this article are solely those of the author. They do not necessarily reflect the editorial stance, values or position of Daily Sabah. The newspaper provides space for diverse perspectives as part of its commitment to open and informed public discussion.
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