Upon its establishment in 1986, the Foreign Economic Relations Board of Turkey (DEİK) was assigned with the following tasks: to organize and manage the foreign economic relations of the Turkish private sector, in particular with respect to foreign trade, international investments, services, contracting and logistics; to analyze investment opportunities at home and abroad; to help boost the country’s exports, and to coordinate similar business development activities. DEİK operates through its Business Councils.
DEİK is Turkey’s window to the world; it is the global representative of our country’s values, vision and potential; the founder of a network through which our country interacts with global players; the mind that understands the world in terms foreign economy; the “global horizon” of our country. Based on this understanding, DEİK pursues the following vision:
Turkey: Serving as an example for economic and political development on a regional and global level based on cooperation between the private and the public sector and civil society;
Achieving macro-economic stability;
Being globally competitive with leading entrepreneurs and brands;
Having a significant share in world trade;
Being one of the world’s foremost investment, finance and R&D centers;
Applying modern standards in all areas.
DEİK is an important representative of the Turkish economy and its productive, value adding, employment and foreign trade potential.
DEİK wants to fulfill its duty in the establishment of a social order committed to a competitive market economy, sustainable development and participative democracy. To achieve these
To express its point of view to public organizations and institutions whenever the occasion arises;
To help companies deepen their market presence and to access new markets;
To organize national and international events;
To formulate and implement strategies and policies on foreign economic relations;
To generate the information required by the business community in its foreign economic relations;
To carry out activities designed to attract direct foreign investments to Turkey;
To broaden the national, regional and global networks the private sector relies on in its activities;
To organize training programs to improve the corporate capacity of companies with the purpose of advancing them to become global players;
To carry out activities that support the country’s diplomacy and contribute to the development of bilateral and multilateral social relationships;
To represent the Turkish business community in international and multinational organizations, and to lobby for the country on international platforms.
DEİK organizes international events through its Business Councils in order to advance the cooperation between Turkey and other countries, as well as business sectors, and to boost the bilateral trade volume. The events bring together high-level representatives, politicians, representatives of the business community, businesspeople, entrepreneurs, academicians and representatives of civil society organizations from Turkey and foreign countries, and serve the purpose of creating high-quality business relations and mutually beneficial areas of cooperation.
Through its cooperation with international organizations, the development of existing collaborations and other activities, DEİK provides novel opportunities for the Turkish business community. Besides the organization of “events”, DEİK is also committed to “competency”-oriented activities.
They include strategy development on issues related to foreign economic relations. For this purpose, DEİK carries out studies and publishes papers and reports with a focus on the Turkish business community in foreign economic relations.
In this context, DEİK works on the establishment and development of competencies such as the export of services, mutual investments as well as on improvement of exporting and financing capacity of SMEs, while at the same regularly reviewing and renewing its understanding of corporate entrepreneurship in line with the changing conditions of our time. These activities are carried out by the experienced staff DEİK employs at its head office, and with the support of “Working Groups” composed of DEİK members.
DEİK’s Organizational Structure
DEİK is an association comprised of several organs: General Assembly, Board of Directors, Executive Board and Supervisory Board, and carries out its activities with the aid of its Founding Institutions and Business Council Members who are the representatives of the Turkish private sector. The Business Councils constitute the backbone of DEİK, while their Executive Committees are responsible for the implementation of the decisions taken.
DEİK’s Business Councils
The Business Councils are the fundamental units of the organization and establish the bilateral, multilateral and corporate cooperation in countries, sectors and areas of interest for which they are responsible. There are three different kinds of Business Councils at DEİK:
"Bilateral Business Councils", "Sector-Specific Business Councils" and "Business Councils with Specific Purposes".
Bilateral Business Councils are established on the basis of cooperation agreements signed with counterpart organizations. Their purpose is to develop and deepen bilateral economic relations with the respective country. Sector-Specific Business Councils
The purpose of Sector-Specific Business Councils is to gather valuable sector-related information and, in collaboration with the public and the private sector as well as with civil society organizations, to establish development plans.
DEİK’s two Business Councils with Specific Purposes are World Turkish Business Council (2007), which unites Turkish businesspeople and entrepreneurs domiciled abroad and The Foreign Investment Business Council was established in 2013 with the purpose of understanding the dynamics of Turkish private sector investments in foreign countries, of generating solutions for needs arising in connection with such investments, and of ensuring a high degree of coordination with the state in this respect.