The business community hailed a new law establishing the legal framework for the government's terror-free Türkiye initiative, saying it would lift investor confidence, spur regional development and brighten the country's long-term economic outlook.
Lawmakers on Monday voted overwhelmingly in favor of the legislation, titled the Law on Strengthening National Solidarity and Social Integration, aimed at advancing a peace effort and the dissolution of the PKK terrorist group,
The law would end one of the world's longest-running insurgencies, which has killed tens of thousands of people in Türkiye, fueled social division, and, according to President Recep Tayyip Erdoğan, cost more than $2 trillion (TL 95.51 trillion).
The business world described the legislation as "historic" and an important "milestone" for Türkiye's economic future, saying economies grow faster in an environment of trust and stability.
'Peace means more investment'
