Turkish president calls on foreign investors to make long-term investments

By Ovunc Kutlu

ANKARA (AA) - Turkish President Recep Tayyip Erdogan called on foreign investors to make long-term investments in Turkey in a televised interview on Tuesday.

"It is time for foreign investors to make long-term investments (in Turkey). Those who have made long-term investments in Turkey have always won, and they will keep winning," he told Turkish state broadcaster TRT.

Erdogan emphasized that Turkey is lowering its current account deficit every month, and hopefully it will post a current account surplus next year.

"We are no longer posting current account deficit and financing this deficit with external debt, but we are moving towards an economy that gains foreign currency and posting current account surplus," he explained.