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Foreign policy mishaps prove costly for Turkish contractors

The AKP government’s foreign policy blunders have cost Turkish contractors abroad $16 billion of revenue losses.
Russian President Vladimir Putin (R) meets with his Turkish counterpart Recep Tayyip Erdogan ahead of the G20 Summit in Hangzhou, China September 3, 2016. Sputnik/Kremlin/Alexei Druzhinin/via REUTERS  ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. - RTX2NZZP
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Turkish contractors abroad were very happy with the normalization of Russian-Turkish relations following the apology letter President Recep Tayyip Erdogan sent to his Russian counterpart Vladimir Putin.

The collapse of the Justice and Development Party government’s foreign policy ambitions of neo-Ottomanism, Islamic world leadership, regional leadership, and so forth have cost Turkey enormously in many fields. The escalating terror in the country and Turkey’s growing global isolation caused problems for all sectors of the economy.

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