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Turkey Agreement 2023

According to Mohamed Abdel-Kader Khalil, an Egyptian expert on Turkish affairs, « Turkish foreign policy in the Middle East is linked to the use of Turkish military capabilities in the region. This is reflected in Turkey`s military concentrations on the borders with Iraq and Syria and their engagement on the Red Sea through an agreement on the Sudanese island of Sawken and the Turkish military intervention in the northern Syrian city of Afrin. First, Turkey is striving to meet all the conditions for EU membership and become an influential EU member state by 2023. Secondly, it will continue its regional integration efforts in the form of security and economic cooperation. Thirdly, it will strive to play an influential role in regional conflict resolution. Fourth, it will participate energetically in all world arenas. Fifth, it will play a crucial role in international organizations and become one of the world`s top 10 economies. According to international law, any treaty expires after 100 years and Erdogan is working to link the expiry of this treaty in 2023 to the current situation in Mosul, northern Iraq, as well as Raqqa and Afrin in Syria. To embody it, Pakistan should also formulate a strategy, given the geopolitical realities that lie ahead, to seize the opportunities that Turkey will offer in the coming days. It is expected to develop a comprehensive plan that will consist of two phases before 2023 and after 2023. In addition, it should thoroughly examine the Turkish market and export the goods adapted to the needs of the Turkish population. The Turkish lira is the second worst currency in the world this month, with a decline of more than 4 percent against the dollar, and it extends its losses for the year to more than 18 percent, Goldman Sachs reported. The US dollar is now buying 7.30 Turkish lira, well above the so-called psychological point of 1 dollar to 7.00 lira.

Turkey`s recently released official unemployment rate for May is 12.9%, which means the rate is likely to be much higher for August, especially given the massive devaluation of the Turkish lira. However, the prestigious Turkish economist Mahfi Egilmez says that an unemployment rate of 24.6% « comes closest to reality ». Unemployment was 9.1% in 2011 and the target for 2023 to commemorate 100 years since the signing of the Treaty of Lausanne was 5%, which will certainly not be achieved.