Video Message of H.E. Recep Tayyip Erdoğan, President of the Republic of Türkiye, for the 64th General Assembly and Annual Meeting of World Federation of Exchanges in İstanbul

Distinguished guests, esteemed participants, I would like to extend my heartfelt greetings and regards and welcome you to İstanbul, the meeting point of civilizations from past to present. I hope the 64th General Assembly and Annual Meeting of World Federation of Exchanges, hosted by Borsa İstanbul, will be profoundly auspicious for all. 

As Türkiye, we are implementing a comprehensive economic program with the aim of maintaining balanced and inclusive growth, strengthening our production capacity, and ensuring lasting financial stability. Our financial sector occupies a central position within our program. The depth, range of products, and accessibility of our capital markets are all undergoing significant development. Borsa İstanbul is steadily progressing towards becoming a leading market infrastructure provider, not only for our country but for the entire region. Our exchange ecosystem is enhancing its global competitiveness through digitalization, sustainable finance, and participation-based products. Moreover, İstanbul Financial Center is the outcome of a strong vision that aims to make İstanbul a prominent hub for financial services. 

The General Assembly of the World Federation of Exchanges convened today, bringing together esteemed representatives from stock exchanges worldwide, is an occasion of significant importance for shaping the future of capital markets based on collective wisdom. Türkiye is prepared to share its extensive expertise not only to achieve its own objectives but also to promote financial stability at regional and global levels. We believe that capital markets should be managed with an understanding that takes into account not only profit but also social and environmental impact. 

Money laundering, illegal fund transfers, and manipulative transactions undermine confidence in global markets. We are enhancing our international collaboration to counter these threats while emphasizing the advancement of transparency, oversight, and information-sharing mechanisms. Another significant issue is that the economic inequalities faced worldwide require the development of solutions that will enhance the inclusiveness of the financial system. The global gap between the rich and the poor is widening, and income inequality is rising more than ever before. I believe that joint efforts within the framework of the World Federation of Exchanges will help bridge this gap. I deeply value Borsa İstanbul’s active involvement in all processes and management of the Federation. With these thoughts, I hope that this meeting will lead to auspicious outcomes. I extend my thanks to everyone who contributed to its execution and my sincere greetings and regards to you all.