Turkish Industrialists' and Businessmen's Association

TÜSİAD, the Turkish Industry and Business Association (Turkish: TÜSİAD), is Turkey's top business organization. The current Chair of the Board of Directors is Cansen Başaran–Symes.

Founded in 1971, TÜSİAD is a voluntary, independent, non-governmental organization dedicated to promoting public welfare through private enterprise. TÜSİAD promotes principles of participatory democracy, a competitive market economy, environmental sustainability, and universal freedoms and human rights. The Association supports independent research and policy discussions on important social and economic issues in Turkey and abroad. Much like the U.S. Business Roundtable, TÜSİAD is composed of CEOs and executives from major industrial and service companies in Turkey, including Fortune 500 companies.

TÜSİAD represents more than 4,000 member companies which represent half of the Turkey's value-added; 80% of Turkey’s total foreign trade volume; more than 50% of private sector employment; and 80% of corporate tax revenue.

TÜSİAD headquarters are in Istanbul and there are seven representative offices: Ankara, Brussels, Washington, D.C., Paris, Berlin, Beijing and London.

TÜSİAD's activities are structured around round tables led by members of the board of directors and 36 working groups.

TÜSİAD partners with the Brookings Institution, the German Marshall Fund of the United States, and St. Petersburg International Economic Forum (SPIEF).

TÜSİAD is a member of the Business and Industry Advisory Committee to the OECD (BIAC), B20 Coalition, and BusinessEurope.

In June 2016, TÜSİAD released a statement criticizing a proposed law which would enhance the government’s authority to appoint boards of trustees to companies.The controversial article was later removed from the law.

Turkish President Recep Tayyip Erdoğan has criticized TÜSİAD on multiple occasions. In April 2015, Erdoğan was critical of comments made about the Turkish economy. In December 2014, Erdoğan criticized the organization for apparently side-stepping his office after then TÜSİAD President Haluk Dinçer explained the organization works with the prime minister and ministers whose business is related to the organization’s efforts, not the president.

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Wikipedia