Turkey to become global energy hub: World Bank director - ENERGY:
"Turkey has a good chance of becoming an energy hub if it maintains the historical gains it made in the last decade, Martin Raiser, country director for Turkey of the World Bank, said on Friday.
“Turkey has taken major steps in the past decade and nearly half of them were to implement independent regulatory institutions to strengthen the rule of law to improve business opportunities,” Raiser told Anadolu Agency during the International Energy and Environment Fair and Conference in Istanbul.
“It is very important for the government to restore the confidence that investors have in the quality of the regulatory framework and the independence of the regulatory agencies, whether it is the EMRA [Energy Market Regulatory Authority] in energy sector, or the BRSA [Bank Regulation and Supervision Agency] in the banking sector, or the Central Bank in monetary policy,” he said. "
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