14.11.2015 Antalya
Moderated by Muhtar Kent, the general session taking place following the B20 Summit opening with B20 Turkey Chair and TOBB President M. Rifat Hisarcıklıoğlu’s keynote speech discussed problems and expectations of world trade and economic issues.
Speaking at the meeting moderated by Coca Cola Company President and CEO
Muhtar Kent, Sabancı Holding Chairman and B20 Trade Taskforce Co-President
Güler Sabancı provided information about efforts regarding Facilitation of
Trade Agreement.
Reporting that the number of countries which have signed the
Facilitation of Trade Agreement has reached 51 Kent stated that the number is
expected to reach 107 during the first half of 2016, the number necessary for
the agreement to be effective.
Spanish BBVA Bank Chair Francisco Gonzalez provided suggestions for
attaining economic growth, and stated that the growth in developed countries
cannot balance the growth in developing countries.
Stating that there are steps necessary to ensure access to finance,
Gonzalez stressed the importance of supporting SMEs.
- Indian Bharti Enterprises Group
Chair
Indian Bharti Enterprises Group Chair and ICC Vice President Sunil
Bharti Mittal stated that, looking from the point of entrepreneurs, this is a
very difficult period and commodity prices are subject to great amounts of
erosion.
Drawing attention to the problems facing petroleum based economies,
Europe, Brazil and even China which is facing a slump in growth while India
still remains an island of hope with its population of 1.2 billion producing
goods and services.