Fine-tuning Turkey’s economic diplomacy

Some consider economic and commercial diplomacy to be a fairly recent addition to the work of professional diplomats, who previously tended to concentrate almost exclusively on political tasks. Such diplomacy employs economic resources, either as rewards or sanctions, in pursuit of particular foreign policy objectives. This is sometimes called "economic statecraft"[1].

Commercial work, like other functional sectors, consular or cultural, was traditionally viewed with disdain, and represented a secondary career track for high-flying diplomats. However, in a globalised and interconnected world, economic and commercial diplomacy has gained added currency and led to persistent calls for “less geopolitics, more economics and commerce”

Turkey’s quest for EU membership will become more realistic, imminent and less threatening if a pro-active economic diplomacy could be pursued, as complementary to the traditional emphasis on the country’s geostrategic importance and bridging role between Islam and the West.

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