Istanbul is currently hosting a significant summit, the Europe and Asia Summit of the World Chambers Federation (WCF), chaired by prominent business leaders from over 800 companies across 62 countries. The summit commenced its second day with an opening ceremony attended by Minister of Environment, Urban Planning, and Climate Change, Murat Kurum.
A key focus of the summit is the fight against climate change, underscoring the importance of free and fair trade. Participants expressed deep concern regarding the rise of protectionism, which threatens global trade and particularly impacts small and medium-sized enterprises (SMEs). The recent surge in protectionist measures, especially in the technology sector, poses substantial risks to international commerce, necessitating reforms to enhance the functionality of the World Trade Organization (WTO).
The summit aims to create new opportunities for business leaders and inspire collaborative projects in the future.
