Turkish Finance Minister Mehmet Şimşek is set to meet with credit rating agencies, investors and American companies considering relocating supply chains to Turkey during his visit to the United States this week, Reuters reported on Monday.
Speaking during a visit to the Black Sea province of Giresun, Şimşek said his trip coincides with meetings of the International Monetary Fund, World Bank and G20. “We will be in New York at the start of the week to meet with rating agencies, followed by meetings with US-based direct investors,” he told reporters.
He said discussions would include firms exploring supply chain shifts to Turkey in light of recent geopolitical and economic developments, including US President Donald Trump’s newly imposed tariffs.
The visit comes as Turkey continues to navigate a volatile economic landscape. The central bank recently raised the overnight interest rate to the upper band of the corridor — around 49 percent — following a surprise policy tightening. This move came amid market unease sparked by the March arrest of Istanbul Mayor Ekrem İmamoğlu, President Recep Tayyip Erdoğan’s chief political rival.
Şimşek said he would attend as many as 15 meetings a day with international investors and financial institutions while in the US.
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