The center of gravity of the world economy is shifting to Far Asia
TOBB President and CACCI Vice President M. Rifat Hisarcıklıoğlu, in his speech at the 32nd CACCI Conference themed “Asia: Expanding Borders,” attended by the Minister of Commerce, Ruhsar Pekcan, said, “The Mediterranean was the ocean of the old world. The Atlantic is today's ocean. The Pacific is the ocean of the future. The center of gravity of the world economy is shifting to Far Asia.” Pointing out that the Pacific century has begun, Hisarcıklıoğlu said, “All manner of products are produced here, in different quality and scales. With over 3 billion consumers, the largest global market is here. Both economic growth and the increase in imports of goods and services are above the world average. Therefore, the Asia Pacific region is becoming increasingly important for the global economy. It has a decisive power in the course of the world economy.”24.11.2018 İstanbul
