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Erdogan Hails Oil Well Discovery, HDP Lawmakers Under Pressure

TURKEY

LOCAL NEWS

  • Erdogan says three new oil wells have been discovered, lifting domestic oil output to 61k bpd on average this year.
    • State is seeking to boost domestic production to reduce reliance on imports impacting the current account deficit
  • Oppression of pro-Kurdish opposition party HDP continues with Turkey's justice ministry submitting proposals to lift the legislative immunity of 11 HDP lawmakers.
    • Parliament's joint constitution & Justice committee will now examine proposals.
    • Of the 1300 summaries of proceedings waiting to be finalized in parliament, 915 are from the HDP
  • experts say the AKP will continue to target opposition, despite human rights reforms pledges
  • Turkey responsible for a weak NATO response to the Belarus-Ryanair incident – issuing a condemnation of the act instead of punitive measures demanded by Poland & Baltic countries.
  • Diplomats said the move may have been aimed at preserving ties with Russia to unlock its tourism ban on Turkey - RTRS
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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