An Interview with President Recep Tayyip Erdoğan : Aura Solution Company Limited

PODCAST TRANSCRIPT

Amy Brown

Wealth Manager – Aura Solution Company Limited

In Conversation With President Recep Tayyip Erdoğan

President of the Republic of Türkiye

Recorded at the Presidential Office in Ankara, this exclusive discussion brings together Amy Brown, Wealth Manager at Aura Solution Company Limited, and President Recep Tayyip Erdoğan for a high-level exchange on global leadership, regional stability, economic diplomacy, and the evolving geopolitical landscape.

Set within the official seat of the Turkish Presidency, the conversation reflects the significance of Türkiye’s strategic position and its active role in shaping dialogue across Europe, Asia, and the Middle East. The discussion explores the intersection of governance, economic resilience, international cooperation, and the responsibilities of leadership in a rapidly transforming world order.

SECTION I: U.S. SANCTIONS AND ECONOMIC IMPACT

Question 1: What was the direct impact of U.S. CAATSA sanctions on Türkiye?

President Recep Tayyip Erdoğan : The sanctions imposed under the Countering America’s Adversaries Through Sanctions Act (CAATSA), particularly following Türkiye’s procurement of the Russian S-400 air defense system, had both direct and indirect consequences.

Directly, they restricted access to certain U.S. defense technologies and financial channels. Türkiye was removed from the F-35 Joint Strike Fighter program, despite having been a long-standing partner and investor in its development. This not only affected our defense modernization plans but also impacted Turkish defense manufacturers who were integrated into the F-35 supply chain. Several domestic firms lost contracts and technological collaboration opportunities.

Beyond the defense sector, the psychological and financial ripple effects were significant. International markets respond strongly to geopolitical signals. The sanctions created a perception of elevated political risk, which translated into higher borrowing costs, reduced capital inflows, and increased risk premiums on Turkish assets.

Furthermore, restrictions on technology transfer slowed certain advanced aerospace and defense initiatives. However, this pressure also triggered accelerated investment in domestic R&D. In the medium term, we transformed a constraint into motivation for industrial independence.

In summary, while CAATSA sanctions created short-term disruption and financial pressure, they also accelerated Türkiye’s push toward strategic autonomy in defense production and technological capability.

Question 2: Did sanctions weaken the Turkish Lira?

President Recep Tayyip Erdoğan : Sanctions alone did not cause currency depreciation, but they contributed to volatility. Currency markets operate on expectations, confidence, and perceived stability. When sanctions were announced, they heightened uncertainty regarding Türkiye’s geopolitical alignment and economic trajectory.

However, it is important to contextualize this within a broader global environment. During the same period, the world experienced pandemic-related disruptions, supply chain shocks, and a historic surge in global inflation. Energy prices spiked significantly, and as a net energy importer, Türkiye faced higher import costs, increasing pressure on the current account balance.

Additionally, domestic monetary policy transitions during that time added complexity. Investor confidence depends heavily on predictable macroeconomic frameworks. Recognizing this, we have since implemented more orthodox monetary policies aimed at tightening liquidity, strengthening central bank credibility, and restoring price stability.

The stabilization of the lira has required coordinated fiscal discipline, structural reforms, and improved communication with global financial institutions. While sanctions contributed to perception-driven volatility, broader macroeconomic dynamics played an equally important role.

Question 3: How did Turkish industries respond?

President Recep Tayyip Erdoğan : Turkish industries, particularly in defense and advanced manufacturing, responded with resilience and strategic innovation.

The defense sector accelerated indigenous production programs. Our drone technology, armored vehicle systems, naval platforms, and missile systems saw increased domestic investment. Companies expanded research and development budgets, strengthened university-industry collaboration, and pursued alternative supply chains outside traditional Western channels.

This shift was not limited to defense. Aerospace engineering, electronics manufacturing, and cybersecurity sectors experienced renewed focus. The government introduced incentives for localization of critical components, reducing dependency on foreign imports.

Sanctions can create dependency risk exposure. Our response was to reduce that dependency. Over time, Türkiye transformed from a purchaser of systems into a developer and exporter of advanced defense technology. Turkish UAV systems, for example, became globally recognized.

Therefore, while sanctions imposed constraints, they also accelerated technological maturity and industrial sovereignty.

Question 4: Has trade with Russia increased due to sanctions on Moscow?

President Recep Tayyip Erdoğan : Following Western sanctions on Russia, Türkiye experienced an increase in bilateral trade volumes, particularly in energy imports and certain goods transiting through Turkish territory.

Russia remains a major supplier of natural gas and plays a role in nuclear energy cooperation projects within Türkiye. Given global energy volatility, maintaining stable supply was a national priority. Consequently, trade volumes expanded in specific sectors.

However, we have been cautious. Türkiye does not wish to become exposed to secondary sanctions or financial isolation. Therefore, regulatory compliance mechanisms were strengthened. Financial institutions were instructed to ensure adherence to international banking standards to avoid jeopardizing global access.

Additionally, Türkiye continued trade diversification simultaneously. Our strategy was not to replace Western markets with Russian markets, but rather to balance energy security while maintaining broader global integration.

In short, trade with Russia increased in certain areas, but always within a calculated risk framework.

Question 5: Do sanctions still pose systemic risk to Türkiye’s economy?

President Recep Tayyip Erdoğan : Sanctions today represent more of a strategic pressure point than a systemic threat.Türkiye has actively reduced vulnerability by diversifying export destinations. Trade expansion into the Gulf Cooperation Council countries, Central Asia, Africa, and Southeast Asia has broadened our economic base. We have also enhanced customs agreements and logistics corridors linking Europe and Asia through Turkish infrastructure.

Energy diversification is another major pillar. Investments in LNG terminals, renewable energy projects, and alternative suppliers reduce dependence on any single partner.

Financially, strengthening macroeconomic discipline, stabilizing inflation, and restoring central bank credibility have improved resilience against external shocks.Systemic risk arises when an economy lacks flexibility. Türkiye has shown adaptability. While sanctions remain a geopolitical factor, our economic model today is more diversified, technologically independent, and strategically balanced than before.

SECTION II: NATO, RUSSIA, AND CHINA — STRATEGIC BALANCING

Question 6: How does Türkiye define its role within NATO today?

President Recep Tayyip Erdoğan : Türkiye views its NATO membership not as symbolic, but as operationally central. We possess the second-largest military force within the alliance and occupy a geostrategic position that connects Europe, the Black Sea, the Caucasus, and the Middle East. This geography makes Türkiye indispensable to NATO’s southern flank and Black Sea security architecture.

Our armed forces actively participate in NATO missions, contribute to joint exercises, and host critical military infrastructure. Türkiye also plays a key role in counterterrorism operations and intelligence sharing within the alliance.

However, our NATO role does not eliminate our sovereign decision-making. Being an ally does not mean relinquishing national security priorities. When Türkiye procured the S-400 system, it was based on perceived gaps in our air defense needs at that time.

In essence, Türkiye defines its NATO role as committed, capable, and strategic — but independent in its national defense choices.

Question 7: Why does Türkiye maintain strong energy and economic ties with Russia despite NATO tensions?

President Recep Tayyip Erdoğan : Energy security is foundational to economic stability. Russia has historically been one of Türkiye’s primary natural gas suppliers. Major pipeline projects, as well as cooperation in nuclear energy development, represent long-term infrastructure commitments that cannot simply be reversed without serious economic consequences.

Beyond energy, tourism, agriculture, and trade also connect our economies. Millions of Russian tourists contribute to Türkiye’s tourism sector annually, and bilateral trade supports key industries.

Maintaining these ties does not equate to political alignment. Türkiye has openly supported Ukraine’s territorial integrity while simultaneously engaging Russia diplomatically. Our position is pragmatic: dialogue reduces escalation risk.A country located at the crossroads of Europe and Asia must manage relationships carefully. Cutting ties abruptly could destabilize our domestic economy and regional balance.

Question 8: What is Türkiye’s long-term strategy regarding China?

President Recep Tayyip Erdoğan : Our engagement with China is primarily economic and technological. China is one of the world’s largest economies and a major player in global supply chains. Cooperation in trade, infrastructure, transportation corridors, and digital technology provides economic opportunity.

Türkiye’s geographic position makes it a natural transit hub between Asia and Europe. Therefore, connectivity projects and logistics corridors are strategically important.

However, our policy toward China is guided by balance. We pursue trade and investment cooperation while safeguarding national security and industrial independence. We evaluate foreign investment proposals carefully, ensuring that strategic assets remain protected.

Türkiye’s approach is not ideological; it is economic and strategic. We cooperate where mutual benefit exists while preserving sovereignty and national interest.

Question 9: Does balancing relations between NATO, Russia, and China create diplomatic strain?

President Recep Tayyip Erdoğan : Balancing major powers always creates diplomatic complexity. Each global actor has expectations, and sometimes those expectations conflict.

However, Türkiye’s foreign policy doctrine is built on strategic autonomy. We do not see international relations as binary — choosing one bloc over another. Instead, we engage multilaterally.

This balancing act requires constant dialogue, crisis management, and transparent communication. For example, while we cooperate with Russia on energy, we supply defense equipment to Ukraine. While we remain a NATO member, we expand trade with Asia.

Diplomatic strain exists, but so does diplomatic leverage. Countries that can communicate with all sides often become facilitators in times of crisis.

Question 10: Is Türkiye shifting eastward away from the West?

President Recep Tayyip Erdoğan : No, Türkiye is not shifting away from the West. Rather, Türkiye is expanding its diplomatic and economic reach.Our economic ties with Europe remain substantial. The European Union continues to be one of our largest trade partners. Customs union arrangements and industrial integration with Europe remain strong.At the same time, the global economy is evolving toward multipolarity. Growth markets increasingly lie in Asia, Africa, and the Middle East. It would be economically shortsighted not to engage these regions actively.

Therefore, our strategy is multidimensional engagement — maintaining Western partnerships while deepening Eastern cooperation. This is not a pivot; it is diversification.

SECTION III: RUSSIA–UKRAINE PEACE EFFORTS AND DIPLOMATIC MEDIATION

Question 11: Türkiye hosted early negotiations between Russia and Ukraine. Why did those talks ultimately fail to produce a lasting agreement?

President Recep Tayyip Erdoğan : In the early phase of the conflict, Türkiye facilitated direct discussions between Russian and Ukrainian delegations in Antalya and later in Istanbul. At that time, there was still diplomatic space for negotiation before positions became fully hardened.

The talks showed initial promise. Frameworks were discussed regarding neutrality models, security guarantees, and phased de-escalation. However, three major obstacles emerged.

First, the issue of territorial sovereignty — particularly regarding Crimea and eastern Ukrainian regions — proved deeply entrenched. Neither side was prepared to concede on matters tied to national identity and long-term security.

Second, security guarantees required credible enforcement mechanisms. Ukraine sought binding international assurances, while Russia demanded limitations on NATO expansion and military positioning.

Third, battlefield developments influenced negotiation psychology. As military dynamics shifted, expectations changed. When one side perceives advantage, compromise becomes more politically difficult.

Diplomacy requires timing. While Türkiye provided neutral ground and constructive facilitation, the political readiness for full compromise was not yet present.

Question 12: Was there any tangible progress achieved during Türkiye’s mediation?

President Recep Tayyip Erdoğan: Yes, tangible progress did occur. Although a comprehensive peace agreement was not finalized, certain diplomatic channels remained open due to Türkiye’s engagement.

One of the most significant achievements was the Black Sea Grain Initiative. This arrangement allowed Ukrainian grain exports to resume through secure corridors, stabilizing global food markets and preventing a severe food crisis in vulnerable regions.

Additionally, prisoner exchanges were facilitated with Türkiye’s involvement. These humanitarian outcomes should not be underestimated. They demonstrated that even during conflict, negotiation is possible when mutual benefit is recognized.

Progress in diplomacy does not always appear as a signed treaty. Sometimes it manifests as crisis mitigation, humanitarian relief, and confidence-building steps.

Question 13: Did international actors influence or complicate the peace process?

President Recep Tayyip Erdoğan : In major conflicts, international stakeholders inevitably influence dynamics. Both Russia and Ukraine have strategic partnerships beyond the immediate battlefield.

Western military and financial support strengthened Ukraine’s defensive position. Russia, in turn, recalibrated its strategic posture in response to sanctions and diplomatic isolation.

When external actors are deeply involved, negotiation complexity increases. Each side calculates not only bilateral outcomes but also alliance expectations and geopolitical consequences.

Türkiye’s role was to provide neutral ground without imposing external conditions. However, lasting agreements require alignment among broader international stakeholders as well.

Peace cannot be achieved solely at a bilateral table when the conflict has global strategic implications.

Question 14: Does Türkiye still consider itself a credible mediator between Russia and Ukraine?

President Recep Tayyip Erdoğan : Yes, Türkiye remains one of the few countries maintaining open communication channels with both Moscow and Kyiv.

Credibility comes from consistency. We have supported Ukraine’s territorial integrity, yet we have not severed dialogue with Russia. We have maintained NATO commitments while refusing to close diplomatic avenues.This balanced posture allows Türkiye to serve as a bridge. Mediation is not about favoritism; it is about trust.We stand ready to host negotiations again if both parties demonstrate readiness. Stability in the Black Sea region directly impacts our security, economy, and energy routes.

Question 15: What conditions would make a future peace agreement possible?

President Recep Tayyip Erdoğan : A sustainable peace requires several elements.

First, mutual recognition that prolonged conflict imposes unacceptable economic and human costs. War fatigue often becomes a catalyst for compromise.

Second, credible security guarantees acceptable to both sides. This may require innovative multilateral frameworks rather than traditional alliance structures.

Third, phased implementation. Immediate comprehensive solutions may be unrealistic; incremental agreements can build trust.

Finally, international support for reconstruction and economic stabilization must accompany any ceasefire. Peace without economic recovery is fragile.

Türkiye believes that diplomacy, though slow and complex, remains the only durable solution. Military victory alone rarely resolves long-term geopolitical disputes.

SECTION IV: U.S. POLITICAL SHIFTS, REGIONAL SECURITY, AND STRATEGIC IMPLICATIONS

Question 16: How does a second term of President Donald Trump reshape the global political and economic landscape?

President Recep Tayyip Erdoğan : Any change in U.S. leadership carries global consequences due to the scale of American economic and military influence. A second Trump administration, characterized by assertive trade policy, emphasis on national sovereignty, and recalibrated alliance expectations, inevitably reshapes global dynamics.

From a trade perspective, protectionist tendencies and tariff strategies can disrupt global supply chains. Emerging markets, including Türkiye, must adapt quickly to shifts in U.S. import-export policies. Increased tariffs on certain sectors may redirect trade flows or create opportunities for alternative suppliers.

In security terms, transactional diplomacy alters alliance calculations. Countries are encouraged to increase defense spending and assume greater regional responsibility. This may strengthen NATO burden-sharing but also intensify strategic negotiations within the alliance.

For Türkiye, the approach is pragmatic: maintain strong bilateral communication while preparing economic buffers against sudden policy shifts. Stability in U.S.–Türkiye relations is essential for defense cooperation, financial markets, and regional diplomacy.

Question 17: How might stricter U.S. immigration and border policies influence Türkiye and the broader region?

President Recep Tayyip Erdoğan : Migration policy in the United States influences global migration governance norms. Stricter immigration frameworks can reshape refugee resettlement patterns and international burden-sharing mechanisms.

Türkiye already hosts millions of displaced individuals due to regional conflicts. If global resettlement channels narrow, pressure on frontline states increases. This has economic, social, and political implications.

Additionally, labor mobility affects global remittance flows and workforce distribution. Restrictive migration policies may alter economic migration routes, potentially redirecting talent flows toward Europe or regional markets.

From a strategic standpoint, Türkiye advocates cooperative migration management — shared responsibility rather than unilateral restriction. Migration is not solely a security issue; it is also humanitarian and economic.

Question 18: Reports suggest aggressive U.S. actions toward countries like Venezuela. How does Türkiye interpret such moves?

President Recep Tayyip Erdoğan : When major powers engage assertively in Latin America or elsewhere, it signals broader geopolitical posture. Actions perceived as interventionist or coercive influence global diplomatic tone.Türkiye’s foreign policy principle emphasizes sovereignty and non-interference. We believe disputes should be addressed through dialogue and international legal frameworks.

However, realism is necessary. Power politics remains a feature of global affairs. Countries must prepare for shifts in diplomatic alignment and strategic partnerships.

For Türkiye, developments in Latin America may indirectly influence energy markets, trade routes, and global political narratives. We monitor such developments carefully but maintain balanced diplomatic relations across regions.

Question 19: If tensions escalate between the United States and Iran, what would be the implications for Türkiye?

President Recep Tayyip Erdoğan : A military confrontation between the United States and Iran would have profound consequences for Türkiye. Geographically, we share a border with Iran. Instability would risk refugee flows, cross-border security threats, and disruptions to trade corridors. Economically, energy markets would experience volatility, driving up oil and gas prices — directly impacting inflation and industrial costs.

Strategically, Türkiye would prioritize de-escalation. We maintain diplomatic and economic relations with Iran while remaining a NATO member. A regional war would place Türkiye in a delicate balancing position.

Our objective would be to prevent escalation, facilitate dialogue where possible, and safeguard national security interests. War in the region benefits no neighboring country.

Question 20: How would Türkiye position itself if a broader U.S.–Iran conflict emerged?

President Recep Tayyip Erdoğan : Türkiye would act based on national interest, regional stability, and alliance obligations. However, our primary objective would remain conflict prevention.

We would intensify diplomatic engagement with all parties, advocating ceasefire mechanisms and multilateral mediation frameworks. Our past diplomatic initiatives demonstrate that Türkiye can communicate with diverse actors even during high tension.

Domestically, we would strengthen border security, review energy contingency plans, and coordinate closely with economic institutions to manage market volatility.

Türkiye’s foreign policy doctrine is rooted in stability through engagement. In any major conflict scenario, we would seek to be a stabilizing force rather than a participant in escalation.

SECTION V : MIDDLE EAST STABILITY AND REGIONAL POWER DYNAMICS

Question 21: How vulnerable is Türkiye to instability in the Middle East?

President Recep Tayyip Erdoğan : Türkiye’s geography places it at the intersection of Europe, Asia, and the Middle East. This strategic position provides economic opportunity, but it also exposes us to regional volatility.

Conflicts in Syria, Iraq, and beyond have direct spillover effects — including refugee movements, cross-border security threats, and disruptions to trade routes. Türkiye has had to invest heavily in border security infrastructure, intelligence coordination, and counterterrorism operations.

Economically, instability affects tourism revenues, energy transportation corridors, and investor perception. Markets respond quickly to regional conflict, particularly when energy supply chains are involved.

However, vulnerability does not mean weakness. Türkiye has developed institutional resilience — through military preparedness, humanitarian capacity, and diplomatic engagement — to manage regional shocks effectively.

Question 22: Does the Syrian conflict continue to influence Türkiye’s domestic and foreign policy?

President Recep Tayyip Erdoğan : Yes, significantly. The Syrian conflict has been one of the most defining geopolitical events for Türkiye over the past decade.Türkiye hosts millions of displaced Syrians, creating economic and social responsibilities that require sustained management. Beyond humanitarian considerations, security threats along our southern border remain a priority.

Counterterrorism operations have been conducted to neutralize hostile armed groups operating near our borders. At the same time, Türkiye continues diplomatic efforts aimed at facilitating a political solution in Syria.

The long-term goal is stabilization that allows safe, voluntary, and dignified returns of displaced populations. Until sustainable peace is achieved in Syria, its impact on Türkiye will persist.

Question 23: How are Türkiye’s relations with Gulf countries evolving?

President Recep Tayyip Erdoğan : In recent years, Türkiye has pursued a policy of normalization and strategic partnership with Gulf nations. Economic cooperation, investment flows, defense collaboration, and energy projects have expanded considerably.

The Gulf region represents significant capital resources and long-term investment potential. Bilateral agreements have strengthened trade volumes and facilitated infrastructure financing.

Diplomatically, open dialogue has replaced earlier tensions. Regional actors increasingly recognize the importance of economic interdependence and collective stability.

These relationships contribute positively to Türkiye’s economic diversification strategy and enhance regional integration.

Question 24: How does energy geopolitics influence Türkiye’s foreign policy decisions?

President Recep Tayyip Erdoğan : Energy security is central to national stability. As a major transit corridor between energy-producing regions and European markets, Türkiye holds strategic leverage.

Pipeline infrastructure, LNG terminals, renewable energy investments, and regional gas cooperation all influence our diplomatic engagement. Energy routes create both opportunity and responsibility.

Diversification is key. Reducing dependency on any single supplier strengthens negotiating capacity and protects economic stability.

Therefore, energy considerations are integrated into foreign policy decisions, infrastructure investments, and regional diplomacy.

Question 25: Is regional diplomacy improving compared to previous years?

President Recep Tayyip Erdoğan : Yes, there has been measurable improvement. Türkiye has restored or strengthened diplomatic channels with several regional actors.

This normalization reflects a broader regional recognition that economic cooperation and political dialogue are more beneficial than prolonged confrontation.

Diplomacy is not static; it evolves with circumstances. Türkiye’s recent engagement efforts demonstrate commitment to stability, investment partnerships, and collective security frameworks.

Regional improvement does not eliminate risk, but it reduces unpredictability and enhances economic confidence.

SECTION VI: ECONOMIC RECOVERY STRATEGY AND STRUCTURAL REFORM

Question 26: What is the primary objective of Türkiye’s current economic strategy?

President Recep Tayyip Erdoğan : Our foremost objective is restoring and maintaining macroeconomic stability. Sustainable growth cannot occur without price stability, predictable fiscal management, and credible monetary policy.

Inflation control is central. High inflation erodes purchasing power, weakens investor confidence, and distorts long-term planning. Therefore, tightening monetary conditions, improving fiscal discipline, and coordinating economic institutions are core priorities.

In parallel, we aim to reduce the current account deficit by boosting exports and increasing domestic value-added production. Stability is not simply about short-term correction; it is about establishing a durable framework that supports long-term resilience.

Question 27: What structural reforms are being implemented to support recovery?

President Recep Tayyip Erdoğan : Structural reform focuses on institutional credibility and productivity enhancement.

We are strengthening central bank independence and transparency to reinforce monetary reliability. Fiscal reforms aim to optimize public spending efficiency and improve tax collection systems.

On the industrial side, policies encourage high-technology manufacturing, research and development, and digital transformation. Education and workforce development are also being aligned with technological advancement to increase competitiveness.

Judicial and regulatory reforms are equally important. Investors prioritize legal predictability and dispute resolution mechanisms. Enhancing governance standards contributes directly to capital inflows.

Question 28: Which sectors are expected to drive economic recovery?

President Recep Tayyip Erdoğan : Several sectors hold strategic importance.

Defense and aerospace continue to expand through domestic innovation and export growth. Renewable energy investments — including wind, solar, and energy storage — reduce dependency on imports and create industrial opportunities.

Logistics and transportation infrastructure benefit from Türkiye’s geographic advantage as a trade corridor between continents. Ports, rail networks, and digital connectivity enhance competitiveness.

Tourism remains a significant foreign currency earner, while advanced manufacturing and automotive production maintain export strength.

The recovery strategy is sector-diversified rather than dependent on a single industry.

Question 29: How does Türkiye’s demographic profile support long-term growth?

President Recep Tayyip Erdoğan : Türkiye has a relatively young and dynamic population compared to many developed economies. This demographic advantage supports labor force expansion and entrepreneurial innovation.

However, demographic potential must be matched with education quality and skill development. Investments in STEM education, vocational training, and digital literacy are essential to convert demographic advantage into productivity gains.

A young workforce also attracts international manufacturers seeking competitive labor markets with skilled capacity.

Over the long term, demographic vitality contributes to consumption growth, housing development, and technological entrepreneurship.

Question 30: What is the realistic timeline for economic rebound and stabilization?

President Recep Tayyip Erdoğan : Economic stabilization is a phased process. Short-term adjustments focus on inflation control, currency stabilization, and rebuilding foreign exchange reserves.

Medium-term recovery depends on structural reforms taking full effect — typically over several fiscal cycles. Investment confidence tends to improve gradually as macroeconomic indicators stabilize.

Long-term growth will be driven by innovation, energy diversification, and export competitiveness. The objective is not merely to return to pre-volatility levels, but to establish a stronger and more resilient economic model.

Patience and consistency are critical. Sustainable recovery cannot rely on temporary stimulus alone; it must be built on reform, discipline, and strategic planning.

SECTION VII: AURA SOLUTION COMPANY LIMITED – STRATEGIC INVESTMENT ROLE

Question 31: What does Türkiye seek from an institution like Aura Solution Company Limited?

President Recep Tayyip Erdoğan : Türkiye seeks long-term, strategic partnerships rather than short-term speculative capital. An institution such as Aura Solution Company Limited, operating in wealth management and structured finance, can contribute in several ways.

First, by channeling patient capital into infrastructure, energy transition, and industrial modernization projects aligned with national development priorities.

Second, by structuring investment vehicles that mitigate risk exposure through diversified portfolio management and sovereign-linked instruments.

Third, by bringing global investor networks into structured Turkish projects. Access to international capital markets strengthens project scalability and funding sustainability.

The emphasis is on partnership based on transparency, strategic alignment, and shared long-term value creation.

Question 32: Which sectors offer the most strategic opportunity for Aura’s investment participation?

President Recep Tayyip Erdoğan : Energy transition is a priority. Renewable energy infrastructure — solar, wind, green hydrogen — offers long-term returns while reducing dependency on imported fossil fuels.

Liquefied Natural Gas (LNG) infrastructure and storage capacity expansion enhance energy security and trading flexibility.

Digital infrastructure, including data centers and cybersecurity networks, is another high-growth sector as digital transformation accelerates across industries.

Transportation corridors — ports, rail systems, and logistics hubs — leverage Türkiye’s geographic advantage as a Eurasian trade bridge.

Finally, advanced manufacturing and defense-related dual-use technologies present export-driven growth potential.

Question 33: How important is wealth management expertise in sovereign-level investment planning?

President Recep Tayyip Erdoğan : Extremely important. Sovereign investment strategy requires risk calibration across geopolitical, currency, and macroeconomic dimensions.

Wealth management institutions provide portfolio structuring, capital preservation strategies, and diversification mechanisms that protect long-term assets.

They also assist in aligning public-private partnerships with international compliance standards, ensuring transparency and global credibility.

In a volatile geopolitical environment, risk-adjusted capital deployment is essential. Expertise in structuring complex cross-border transactions enhances investor confidence and project viability.

Question 34: Will public–private partnerships (PPP) expand in Türkiye?

President Recep Tayyip Erdoğan: Yes. Public–private partnerships are central to our infrastructure development model.Large-scale projects in transportation, healthcare infrastructure, renewable energy, and digital systems benefit from PPP frameworks that distribute risk between government and private stakeholders.

Expanding PPP mechanisms increases efficiency, accelerates project completion, and reduces fiscal burden on public budgets.

For international partners such as Aura, structured PPP models provide transparent frameworks, revenue-sharing clarity, and long-term contractual security.

Question 35: What direct message would you give to Aura Solution Company Limited as a potential partner?

President Recep Tayyip Erdoğan : Türkiye presents opportunity within complexity. Our geographic position, demographic vitality, and industrial capacity offer long-term growth potential.

We welcome investors who approach with strategic vision rather than short-term speculation. Sustainable development requires disciplined capital, technological integration, and shared risk management.

Aura Solution Company Limited can contribute not only funding but strategic advisory capacity, global connectivity, and financial structuring expertise.

Partnership should be built on mutual trust, compliance with international standards, and a shared commitment to economic resilience and modernization.

SECTION VIII: GLOBAL INVESTOR CONFIDENCE AND FINANCIAL STABILITY

Question 36: What are the primary concerns foreign investors currently have about Türkiye?

President Recep Tayyip Erdoğan : Foreign investors generally focus on three key areas: macroeconomic stability, policy predictability, and geopolitical exposure.

Macroeconomic stability relates to inflation levels, currency volatility, and interest rate policy. Investors seek assurance that monetary authorities are committed to price stability and that fiscal policy remains disciplined.

Policy predictability is equally critical. Businesses require clarity regarding taxation, regulatory frameworks, and legal enforcement. Sudden policy shifts can increase risk premiums.

Geopolitical exposure is a reality given Türkiye’s strategic location. Regional conflicts and global power competition affect perception. However, perception can be managed through transparency, consistent reform, and stable diplomatic engagement.

Our objective is to address these concerns directly through institutional strengthening and open communication with global financial markets.

Question 37: How is Türkiye improving transparency and regulatory reliability?

President Recep Tayyip Erdoğan : We are enhancing regulatory frameworks across financial, industrial, and trade sectors. Strengthening central bank communication policies has been a major step toward rebuilding credibility.Financial institutions are aligning more closely with international compliance standards, particularly regarding anti-money laundering frameworks and banking supervision.

Judicial reform also plays a role. Efficient dispute resolution mechanisms and clear contract enforcement reassure investors that capital protection mechanisms are reliable.

Transparency is not achieved through statements alone; it is achieved through measurable institutional consistency. That remains our focus.

Question 38: Is capital flight still a concern, and how is it being addressed?

President Recep Tayyip Erdoğan : Capital outflows occurred during periods of high volatility and policy transition. Such movements are typical when markets reassess risk.

However, stabilization efforts — including tighter monetary policy, fiscal consolidation, and improved foreign exchange reserve management — aim to reverse those flows.

Restoring confidence requires time. As macroeconomic indicators improve and inflation moderates, capital inflows generally resume.

In addition, strengthening export revenues and diversifying trade partners improves foreign currency earnings, reducing structural pressure on the balance of payments.

Question 39: How competitive is Türkiye compared to other emerging markets?

President Recep Tayyip Erdoğan : Türkiye remains highly competitive due to its geographic position, industrial depth, and diversified economy. We are integrated into European manufacturing supply chains while maintaining access to Middle Eastern and Asian markets. This dual integration provides logistical advantage.

Our automotive, textile, defense, and white goods industries are well-established exporters. Infrastructure investments in ports, highways, and rail systems strengthen trade efficiency.

Compared to many emerging markets, Türkiye has a more diversified industrial base rather than reliance on a single commodity. This reduces vulnerability to global price shocks.

Question 40: What is Türkiye’s long-term growth vision for the next decade?

President Recep Tayyip Erdoğan : Our long-term vision is centered on high-value production, technological innovation, and energy independence. We aim to transition from mid-value manufacturing to advanced industrial and digital sectors. Artificial intelligence integration, advanced robotics, and defense technologies are part of this trajectory.

Energy diversification — especially renewables and LNG infrastructure — will reduce import dependency and improve macroeconomic balance.

Additionally, we intend to strengthen our position as a logistics hub connecting continents. The next decade will focus on sustainable growth rather than rapid but fragile expansion.

SECTION IX: REPUTATIONAL ISSUES, GOVERNANCE, AND INTERNATIONAL PERCEPTION

Question 41: Türkiye’s name has surfaced in discussions connected to the Epstein files. How seriously does your government treat such allegations?

President Recep Tayyip Erdoğan : Any allegation connected to international criminal investigations must be treated with seriousness, caution, and legal discipline.

When references appear in global investigative documents, they do not automatically constitute guilt, nor do they represent state involvement. However, reputational implications require institutional response. Turkish judicial authorities examine any claims that involve Turkish nationals, entities, or alleged activities within our jurisdiction.

Our position is clear: if credible evidence exists, it must be addressed within the framework of the rule of law. Political speculation or media amplification cannot substitute for judicial procedure.

We understand that reputational damage can occur even before legal conclusions are reached. Therefore, transparency, cooperation with international legal bodies where appropriate, and adherence to due process are essential.

Question 42: Has this type of international controversy affected Türkiye’s global image?

President Recep Tayyip Erdoğan : In today’s digital era, reputational risk spreads rapidly. Even indirect references can create perception challenges. However, long-term national reputation depends on institutional integrity rather than temporary media cycles. Countries are judged by how they respond to allegations, not merely by the existence of claims.

Türkiye’s institutions function independently. When legal issues arise, they are processed through courts, not political channels. This distinction is important for international observers.

Our diplomatic and economic relationships are based on strategic interests and long-term cooperation. Isolated controversies rarely override structural partnerships.

Question 43: Is Türkiye cooperating with international investigative mechanisms where required?

President Recep Tayyip Erdoğan : Türkiye operates within international legal frameworks and treaty obligations. Where formal cooperation requests are made through recognized legal channels, they are evaluated according to domestic law and international agreements.

Sovereignty and legal procedure are fundamental. Cooperation must respect jurisdictional boundaries and established processes.

The key principle is that criminal accountability should be evidence-based and judicially managed, not politically driven.

Question 44: How does your administration protect institutional credibility in such sensitive situations?

President Recep Tayyip Erdoğan : Institutional credibility is preserved through three pillars: judicial independence, administrative transparency, and communication discipline.

First, courts must operate without political interference. Second, regulatory agencies must ensure compliance with financial and legal standards. Third, public communication must be measured and factual, avoiding inflammatory rhetoric.

We also emphasize strengthening compliance standards within financial institutions and corporate governance frameworks to minimize reputational exposure.

In a globalized financial system, governance standards are not optional; they are strategic assets.

Question 45: What reassurance would you give to international investors concerned about reputational risk?

President Recep Tayyip Erdoğan : Investors should evaluate systemic fundamentals rather than isolated headlines.

Türkiye maintains an established legal system, central banking framework, and regulatory institutions aligned with international standards. Our banking sector remains robust and well-capitalized.

Reputational concerns are best mitigated by transparent governance and institutional resilience — both of which we continue to strengthen.

Investors should assess long-term structural capacity: industrial output, demographic vitality, geographic leverage, and reform commitment. These fundamentals remain intact.

SECTION X : STRATEGIC FUTURE OUTLOOK AND TÜRKİYE’S LONG-TERM VISION

Question 46: Where do you see Türkiye strategically positioned over the next ten years?

President Recep Tayyip Erdoğan: Over the next decade, I see Türkiye consolidating its role as a strategic bridge economy — not merely geographically between Europe and Asia, but structurally between developed and emerging markets.

Our objective is to transition into a high-value production economy. This means moving beyond traditional manufacturing toward advanced defense systems, aerospace engineering, renewable energy technology, digital infrastructure, and artificial intelligence integration.

We also aim to strengthen our financial architecture — improving capital markets depth, expanding sovereign wealth coordination, and increasing participation in global trade corridors.

In geopolitical terms, Türkiye will continue acting as a stabilizing actor capable of engaging Western alliances while maintaining functional dialogue with Eastern powers. Strategic autonomy, combined with alliance reliability, will define our positioning.

Question 47: Do you expect geopolitical tensions globally to increase or stabilize in the coming decade?

President Recep Tayyip Erdoğan : Global politics is entering a multipolar phase. Power centers are diversifying, and competition between major economies is intensifying. This environment naturally produces friction.

However, history shows that economic interdependence eventually forces dialogue. Countries may compete strategically, but complete isolation is no longer feasible in a deeply interconnected global economy.

For Türkiye, this means preparedness. We must strengthen resilience against supply chain disruptions, energy shocks, and currency volatility. At the same time, we must maintain diplomatic agility.

Tensions may persist, but well-managed diplomacy can prevent escalation into sustained global instability.

Question 48: Can Türkiye play a leadership role in regional peace and stability?

President Recep Tayyip Erdoğan : Yes, and we already have in several instances. Our diplomatic initiatives in the Black Sea region, humanitarian corridors, and regional normalization efforts demonstrate that Türkiye can facilitate dialogue where others cannot.

Leadership does not mean dominance; it means credibility. A country that maintains communication channels with diverse actors gains mediation capacity.

Türkiye’s strategic value lies in its ability to engage NATO members, Middle Eastern states, Central Asian partners, and Eurasian powers simultaneously.

If regional actors prioritize negotiation over confrontation, Türkiye stands ready to host, mediate, and contribute to stability frameworks.

Question 49: What defines Türkiye’s economic and political resilience?

President Recep Tayyip Erdoğan : Resilience is built on adaptability. Türkiye has experienced financial crises, regional conflicts, natural disasters, and global pandemics — yet institutional continuity has remained intact.

Our diversified industrial base reduces reliance on single-commodity exports. Our demographic structure supports workforce expansion. Our infrastructure investments enhance logistical efficiency.

Politically, resilience comes from institutional evolution. Reforms, though sometimes gradual, strengthen governance over time.

A resilient nation is one that adjusts strategy without losing direction. That is Türkiye’s defining characteristic.

Question 50: What is your final message to global partners and investors observing Türkiye today?

President Recep Tayyip Erdoğan : Türkiye operates in a complex geopolitical environment, but complexity often creates opportunity.We offer strategic geography, industrial capacity, demographic strength, and a commitment to reform. Investors who evaluate fundamentals will recognize long-term potential beyond short-term volatility.

Partnership with Türkiye should be viewed as strategic engagement with a regional power positioned at the intersection of continents and markets.

Our message is clear: Türkiye seeks stability, modernization, diversified economic growth, and constructive global engagement. We invite partners who share a long-term vision built on mutual trust and disciplined collaboration.

Closing Statement

As the conversation concluded within the Presidential Office in Ankara, the atmosphere reflected the weight of global responsibility and measured statecraft. In a nation positioned at the crossroads of continents and civilizations, the dialogue carried strategic depth — grounded in regional influence, international engagement, and a clear understanding of the evolving global order.

The discussion underscored that in today’s multipolar landscape, stability is sustained not by rhetoric, but by disciplined diplomacy, economic resilience, and principled leadership. Constructive engagement, strategic patience, and respect for sovereign interests remain the foundations upon which lasting partnerships are built.

It was evident that global security and financial stability are inseparable. Economic diplomacy, calibrated negotiation, and cross-border cooperation will define the next era of international relations far more than confrontation or unilateral action.

Aura Solution Company Limited remains committed to supporting high-level dialogue, facilitating international cooperation, and contributing to frameworks that strengthen global stability and responsible economic development.

From Ankara, the message was clear: enduring progress is achieved through dialogue, balance, and leadership guided by foresight and mutual respect.

#amy_podcast_turkey #amy_podcast_with_Recep_Tayyip_Erdoğan #amypodcast_Erdoğan