Tuesday 7 August 2012, Amsterdam
Until 2004, the Turkish Ministry of Defense was highly trusted, and defense deals were not scrutinized for instances of corruption and bribery. However, during the review period, high ranking defense officials were convicted on charges of malpractice. Despite the fact that the country has ratified the Organization for Economic Co-operation and Development (OECD) anti-bribery convention, and implemented legislation which renders the bribery of foreign and domestic officials an illegal offense, several foreign firms operating in Turkey perceive the corruption present in the defense industry to be a continuing challenge.
Throughout the review period, Turkey has invested in substantial defense procurements, and its military modernization program is currently approaching completion. The country is in possession of a well-developed domestic defense industry which is primarily dependent on Turkish defense expenditure. However, the country has now achieved the majority of its military modernization plans and this, coupled with the impact of the global economic recession, has resulted in the postponement of a number of defense procurement programs .
Publish date : August 2012
Report code : ASDR-21999
Pages : 140
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