In Switzerland, Yalcindag: "Turkey is an example of integration to global economy for neighboring countries"

At the closing ceremony of 38th Saint Gallen Symposium: "Global Capitalism - Local Values" held by Saint Galen University in Switzerland, Turkish Businessmen's and Industrialists' Association (TUSIAD) Chairwoman Arzuhan Yalcındag said that Turkey was an example of integration into global economy for neighboring countries. She added that the basic reason for conflict with East and West was due to global integration process, which is also called the clash of the civilization. Saying that the integration into global economy was parallel with the democratization process in Turkey, Yalcındag added, "This situation creates positive atmosphere in its region. Turkey gas harmonized global capitalism and many neighboring country are trying to benefit its experiences." In related news, Turkey's application for membership to the European Bank for Reconstruction and Development (EBRD) will be handled in general assembly in this week.