Investment advisory council meeting to start in Istanbul

The Fifth Investment Advisory Council meeting, chaired by Prime Minister Recep Tayyip Erdogan, is set to convene tomorrow in Istanbul. Top executives from 18 multinational companies such as Cisco, Citi, Danone, Eldorado Gold, Fiat, Finmeccanica, Hyundai, Indesit, ISCAR, ITOCHU, Mango, Nortel, Novartis International, Nunhems, Toyota and Unicredit Group, with a combined $755 billion in gross revenues worldwide last year, are scheduled to attend. At the meeting, the ruling Justice and Development Party (AKP) will try to attract direct foreign investments to Turkey and will tout its economic performance.