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ANKARA: Total's Sell Decreases 30 Percent After The Armenian Bill

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  • ANKARA: Total's Sell Decreases 30 Percent After The Armenian Bill

    TOTAL'S SELL DECREASES 30 PERCENT AFTER THE ARMENIAN BILL
    Ummuhan Sumbul, JTW

    Journal of Turkish Weekly, Turkey
    Oct 17 2006

    Ummuhan SUMBUL (JTW), ANKARA - The passing of the controversial
    Armenian claims denial bill in the French parliament has prompted
    strong reactions in Turkish business circles. The French company
    Total Oil has been the target of the boycott. The Company informed
    the journalists that the sell has decreased about 30 percent in a week.

    Several businessmen and companies announced they would suspend business
    partnerships with French companies. The number of Turkish markets
    which do not sell French products has radically increased yesterday.

    Associations Continue to Call for Greater Boycott

    Some French companies operating in Turkey include Total, Elf,
    Carrefour, Danone, Tefal, Michelin, Renault, Peugeot, Citroen, Lacoste,
    L'Oreal, Lancome, Christian Dior, Onduline, Lafarge, Chryso, Air
    France, BIC, Cartier, Sheaffer, Le coq sportif, Alcatel, AXA, Gunes
    Insurance, Basak Insurance, Basak Emeklilik Societe General Bank,
    Turkish Economy Bank, Sanofi and Servier.

    Consumer Union yesterday called all Turkish consumers inside and
    abroad not to buy French products. However the Union also warned the
    Turkish consumers not to boycott the French-Turkish companies which
    have great investment in Turkey. The CarrefourSa Market Company
    therefore was removed from the boycott list. "CarrefourSa invest
    great in Turkey and create emploment here. If we boycott CarrefourSa,
    it means we would boycott Turkish businesmen and workers" one of the
    Union representative said.

    Armenians claim that the communal clashes in 1915 was genocide, while
    Turkish Government has never accepted these claims. Turkey says the
    Armenians died due to the communal clashes, bad weather conditions,
    war curcumstances, famine and epidemic diseases. Turkish historains
    also say that more than 520,000 Muslim Ottoman citizens were massacred
    by the armed Armenian groups. Armenia now does not recognise Turkey's
    and Azerbaijan's national borders and occupies almost 20 percent of
    Azeri territories.

    17 October 2006

    TUSIAD: Let us Reply with Reforms

    TUSIAD called the French bill "a big mistake."

    "A proper reply to be given to France would be to accelerate
    political reforms to include freedom of expression particularly and
    proceed toward our goal of full [EU] membership as a country holding
    memberships talks with the European Union," the association stated.

    TOBB: They won't be Invited for Bids

    Rifat Hisarciklioglu, chairman for the Turkish Union of Chambers and
    Commodity Exchanges (TOBB), said public administrations in Turkey would
    not invite French companies to bids after the passing of the bill.

    "The French National Parliament made a mistake. Responsibility for
    this process falls on it," Hisarciklioglu said. The TOBB chairman
    thinks France failed in the test of law and conscience and described
    the developments as a black page in its history.
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