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Anadolu Agency: News in English, 98-08-06

Anadolu Agency: News in English Directory - Previous Article - Next Article

From: The Anadolu Agency Home Page at <http://www.anadoluajansi.gov.tr/>

06 AUG 1998


CONTENTS

  • [01] STATE MINISTER ANDICAN LEAVES FOR BOSNIA-HERZEGOVINA
  • [02] TWO NEW SECTIONS FOR ISTANBUL ARCHAEOLOGY MUSEUM
  • [03] TERRORISTS ABDUCT FOUR PERSONS INCLUDING NACI ORHAN, MAYOR OF BAHCESARAY
  • [04] EISENHOWER AIRCRAFT CARRIER SHIP LEAVES ANTALYA
  • [05] TERRORISTS MASSACRE EIGHT HUNDRED ANIMALS AT KAGIZMAN
  • [06] TURKEY-IMF RELATIONS - KIEKENS, IMF PERFORMANCE DIRECTOR: ''TURKEY IMPLEMENTS STAFF MONITORING AGREEMENT WITHOUT DEVIATION SO FAR''
  • [07] EASTERN ANATOLIA PROJECT ON THE WAY AFTER SOUTHEASTERN ANATOLIA PROJECT
  • [08] TURKISH PRESS REVIEW (1)
  • [09] TURKISH PRESS REVIEW (2)
  • [10] SUPREME MILITARY COUNCIL RESOLUTIONS ... - KARADAYI, CHIEF OF GENERAL STAFF AND BOZTEPE COMMANDER GENERAL OF GENDARME RETIRED
  • [11] HANNAY WARNS THE GREEK CYPRIOTS ABOUT S-300 MISSILES - ''MISSILES INCREASE PROBABILITY OF CYPRUS BEING INCLUDED IN A DISPUTE BETWEEN GREECE AND TURKEY''
  • [12] EXPORTS REACH 2.3 BILLION US DOLLARS IN JULY
  • [13] SUPREME MILITARY COUNCIL RESOLUTIONS ... - REQUIRED MEASURES TAKEN IN COUNCIL MEETING AGAINST SEVERAL PERSONNEL DUE TO THEIR UNDISCIPLINED BEHAVIOUR
  • [14] SALE OF BONDS BY PUBLIC OFFERING
  • [15] TWO TERRORISTS, WHO BLOCK THE ROAD AT BAHCESARAY COUNTY IN EASTERN VAN PROVINCE, ARE KILLED
  • [16] 313 INVESTMENT INCENTIVE CERTIFICATES WORTH 182.3 TRILLION TURKISH LIRAS GIVEN IN JUNE
  • [17] NINE TURKISH AND NINE FOREIGN COACHES FOR THE TURKISH FIRST SOCCER LEAGUE
  • [18] SWIMMING AND WATER POLO - NATIONAL TEAMS LEAVE FOR YUGOSLAVIA AND BULGARIA FOR BALKANS CHAMPIONSHIPS
  • [19] GERMANS LOOK FOR THEIR ANCESTORS IN YOZGAT - A GERMAN DELEGATION STARTS A SCIENTIFIC RESEARCH IN YOZGAT PROVINCE TO FIND THEIR ANCESTORS
  • [20] NORTHERN IRAQI DIESEL FUEL - TPAO STARTS TO TEST OPERATE STORAGE DEPOTS AT HABUR
  • [21] FOREIGN DEBT PAYMENTS - TURKEY REPAYS 6.9 BILLION DOLLARS IN FOREIGN DEBTS SINCE 1 JANUARY
  • [22] THE FIRST WORLD CONFERENCE OF MINISTERS WHO ARE RESPONSIBLE FOR YOUTH TO BE HELD IN PORTUGAL BETWEEN 8-12 AUGUST
  • [23] REPO TRANSACTIONS AT BANKS INCREASED BY 36.8 TRILLION TURKISH LIRAS IN ONE WEEK
  • [24] TOTAL DEPOSITS AT BANKS INCREASE 149.2 TRILLION TURKISH LIRAS TO 16.2 QUADRILLION TURKISH LIRAS IN ONE WEEK
  • [25] FOREIGN EXCHANGE RESERVES OF CENTRAL BANK INCREASE TO 25.7 BILLION US DOLLARS
  • [26] BANK CREDITS - CREDIT VOLUME OF BANKS INCREASES BY 127.3 TRILLION TURKISH LIRAS BETWEEN 10 AND 17 JULY

  • [01] STATE MINISTER ANDICAN LEAVES FOR BOSNIA-HERZEGOVINA

    ISTANBUL, Aug 6 (A.A) - Ahat Andican, the Minister of State, left on Thursday for Bosnia-Herzegovina in order to make observations at Iron and Steel Enterprise in Zenica.

    Addressing the journalists at the Ataturk Airport before his departure, Andican noted that they have included the mentioned enterprise in Zenica into the scope of their ministry level project aimed at observing the strategical sectors.

    Describing the iron and steel enterprise in Zenica as the largest enterprise in the Balkans prior to the war in Bosnia, Andican pointed out that a cooperation between the enterprise in Zenica and the Iron and Steel Enterprises in Karabuk will be extremely positive for Turkey in both the economic and the political fields.

    Andican is also expected to visit the Turkish troops in Bosnia during his visit to this country.

    Ahat Andican will return to Turkey tomorrow.

    [02] TWO NEW SECTIONS FOR ISTANBUL ARCHAEOLOGY MUSEUM

    ISTANBUL, Aug 6 (A.A) - Istemihan Talay, the Minister of Culture participated on Wednesday at the opening ceremony of two new sections at the Istanbul Archaeology Museum.

    Addressing the opening ceremony, Talay reminded that they have provided new financial sources by reducing the tax rates that were applied to the museum revenues. He stressed that this source will be used to improve the museums.

    In the first section, historical works from the surrounding cultures of Istanbul, Thrace and Bithynia are being displayed. The other section is named the Exhibition of Byzantium. Several significant works belonging to the Byzantine civilization, that was forming a bridge between the east and west at that time, are located in the second section.

    [03] TERRORISTS ABDUCT FOUR PERSONS INCLUDING NACI ORHAN, MAYOR OF BAHCESARAY

    BAHCESARAY, Aug 6 (A.A) - The separatist terrorists, who blocked the road at Bahcesaray County in Eastern Van Province, abducted four persons including Naci Orhan, the Mayor of Bahcesaray. A wide scale operation has been launched in the region to rescue the persons who were abducted.

    The incident occurred when the separatist terrorists blocked the road at the Karabet passage and Narlica Village and stopped eight vehicles including the car of Naci Orhan.

    The terrorists forced 20 people to get out their vehicles and abducted four people including Naci Orhan, Sadullah Erhan (15), M. Sait Aykut (19) and an unidentified 14 year old boy. The terrorists took the money of persons whom they forced to get out of their vehicles.

    [04] EISENHOWER AIRCRAFT CARRIER SHIP LEAVES ANTALYA

    ANTALYA, Aug 6 (A.A) - The Eisenhower aircraft carrier ship belonging to the US 6th Squadron that had cast anchor at the Antalya Port on 31 July, left the Antalya Port on Thursday.

    Captain Greg C. Brown, the Commander of the Eisenhower aircraft carrier ship, Captain Carlion B. Jeweth, Commander of the Air Group, Commander Will Levinson, the Deputy Military Attaché, had visited Husnu Tuglu, the Governor of Antalya, Brigadier Yekta Numanoglu, the Commander of the Garrison, and Hasan Subasi, the Mayor of Antalya, on the first day of the Eisenhower's visit to Antalya.

    Two F-14 type warplanes which took off from the Eisenhower, had collided at the Mediterranean on 30 July, one pilot died and the other one was injured.

    Meanwhile a landing ship belonging to the US 6th Squadron will cast anchor at the Antalya Port later today.

    Captain Nevzat Balci, the Commander of the Antalya Naval Forces, told the A.A correspondent that the landing ship will stay in Antalya for five days.

    [05] TERRORISTS MASSACRE EIGHT HUNDRED ANIMALS AT KAGIZMAN

    KAGIZMAN, Aug 6 (A.A) - A group of separatist terrorists massacred eight hundred animals at Kagizman County of Kars Province, it was reported on Thursday.

    Officials told the A.A correspondent that the terrorists abducted two shepherds and eight hundred animals at Eleskirt County of Agri Province. Terrorists along with the shepherds and the animals, then came to Kagizman County. They have set free the shepherds here and opened fire on the animals.

    Operations are underway in the region in order to capture the terrorists.

    [06] TURKEY-IMF RELATIONS - KIEKENS, IMF PERFORMANCE DIRECTOR: ''TURKEY IMPLEMENTS STAFF MONITORING AGREEMENT WITHOUT DEVIATION SO FAR''

    ANKARA/WASHINGTON, D.C., Aug 6 (A.A) - Willy Kiekens, the Performance Director of the International Monetary Fund (IMF) Responsible for Europe said on Thursday that Turkey had so far implemented the Staff Monitoring Agreement without deviation.

    Speaking to the A.A correspondent, Kiekens recalled that the IMF experts will monitor the agreement, which Turkey signed with IMF for a period of 18 months in three months periods, adding that Turkey implemented the program to which she committed herself in the agreement.

    Kiekens stressed that the Staff Monitoring Agreement was very important due to the credibility of Turkey and that this agreement, which aimed to reduce inflation, should be implemented as it is without deviation, adding that the Turkish Government proved its determination to this end.

    Noting that the Staff Monitoring Agreement made positive reflections in the international economic circles, Willy Kiekens said that the tax reform was issued and that privatization efforts continued. Kiekens also expressed belief that the rating institutions will have a positive attitude towards Turkey within the framework of the Staff Monitoring Agreement.

    Kiekens pointed out that Turkey was in a stable growth, adding that due to the policy she implemented, Turkey wasn't affected much by the Asian crisis. He said ''Turkey was one of the countries which didn't need the IMF's financial aid among the developing countries.''

    Kiekens expressed concern about the early elections which will be held in April next year, adding that the government promised not to deviate from the implemented program despite the early elections, adding that they believed in the commitment.

    [07] EASTERN ANATOLIA PROJECT ON THE WAY AFTER SOUTHEASTERN ANATOLIA PROJECT

    ANKARA, Aug 6 (A.A) - The Eastern Anatolia Project (DAP) that is planned for the development of the Eastern Anatolia region, will begin next month, it was reported on Thursday.

    Preparatory studies concerning the project including Elazig,

    Erzincan, Erzurum, Malatya, Agri, Kars, Igdir, Ardahan, Mus, Van, Bingol, Bitlis, Tunceli and Hakkari Provinces in the Eastern Anatolia region and Gumushane and Bayburt Provinces in the Eastern Black Sea Region, have been concluded.

    Following the approval of the technical and financial proposals prepared by the Coordination Committee composed of experts from the Kafkas, Ataturk, 100th Year, Inonu and Firat Universities and the Ministry of Finance, a DAP protocol was revealed. The protocol will be sent to the Exchequer and Audit Department and then will come into force the next month.

    A study that will last for one and half years will be conducted in order to prepare the feasibility reports. Within this framework, the universities with the support of the public and private sectors, will research the sectors in the 17 provinces.

    The special research fields are as follows:

    -Population and employment,

    -Strengthening women and family,

    -Services sector, trade and construction,

    -Financial structure and banking system,

    -Conditions of settlement places and land,

    -Culture and tourism,

    -Health,

    -Education,

    -Agriculture, aquaculture products and forestry,

    -Vegetable production, sources of soil and water,

    -Urban and rural infrastructure,

    -Transportation and telecommunications,

    -Animal husbandry,

    -Production industry,

    -Mining,

    -Energy,

    -Situation of small and medium-scaled enterprises and handicrafts.

    Within the scope of the studies, the socioeconomic development of the provinces will be determined along with the ground and underground resources.

    The reports are expected to be presented to the State Planning Organization by March 2000. The first investments will be made during the same year.

    [08] TURKISH PRESS REVIEW (1)

    These are brief summaries of some of the leading stories in Turkey's press on 6 August 1998. The Anadolu Agency doesn't verify these stories and doesn't vouch for their accuracy.

    (Derived from the Newsspot of the Turkish General Directorate of Press and Information.)

    SECURITY FORCES KILL 165 PKK TERRORISTS
    Security forces in southeastern Turkey have killed 165 PKK terrorists in week-long operations. Thirteen soldiers also died in the clashes. A statement made by the regional officials said that the Turkish troops have been conducting operations in the mountainous areas of Sirnak, Hakkari and Van Provinces. Apart from the 165 terrorists killed in the operations, seven other terrorists surrendered to the security forces. The troops also seized a considerable amount of food and ammunition belonging to the PKK. The regional authorities also said that 13 members of the security forces had been killed. They didn't clarify whether or not the killing of security members was related to an earlier Turkish press report saying that the PKK had attacked and injured 25 others. That report also said that the PKK had kidnapped 10 Turkish soldiers following an attack that took place on Mount Kato along the Iraqi border. /All papers/

    EURASIA ENERGY CORRIDOR
    Yaman Baskut, the Deputy Undersecretary of the Foreign Ministry, said yesterday that the Turkish-US initiative regarding the ''Eurasia Energy Corridor'' has achieved its goal. Baskut noted that the Azerbaijani President Haydar Aliyev's message regarding the Baku-Ceyhan pipeline saying, ''the Baku-Ceyhan is my personal prestige'' was a clear message for those who have reservations about the pipeline project. In the meantime, Fred Haynes, a retired US general and honorary president of the American-Turkish Council (ATC), said that the interest of the US Congress and US business in Turkey's energy problem and the Baku-Ceyhan was still very much alive. Visiting Hikmet Cetin, the Speaker of the Parliament, yesterday, Haynes was briefed on energy sources, the Baku-Cyehan pipeline and Turkey's growing need for energy. Cetin said that Haynes was a real friend of Turkey and that as a retired general, he also realized Turkey's strategic importance. /Cumhuriyet/

    INDUSTRIAL PRODUCTION INCREASES
    Production in the industrial sector increased by 7.3 percent during the first six months of this year. The production increase in June was 2.4 percent. According to a statement by the State Institute of Statistics (DIE), while the production in mining increased by 17.7 percent, production in manufacturing increased by 6.8 percent and 7.8 percent in the electricity, gas and water sectors. /Cumhuriyet/

    CARICATURE FESTIVAL
    The 18th International Nasreddin Hodja Caricature Festival organized by the Caricaturists' Association has ended. 754 caricaturists from 50 countries attended the festival bringing with them 1,152 caricatures. The Cumhuriyet newspaper special award was given to Aristides E. Hernandez Guerrero from Cuba. /Cumhuriyet/

    NETAS IN KAZAKHSTAN
    The NETAS group has won a bid in Kazakhstan for the modernization of the telecommunications network there. The agreement is expected to be signed in September in Kazakhstan. Sait Gozum, the General Director of NETAS, said that the company was exporting technology to almost 20 countries all around the world, adding that last year they realized 51 million US dollars in total exports and that they were aiming at reaching 70 million US dollars this year. /Milliyet/

    [09] TURKISH PRESS REVIEW (2)

    These are brief summaries of some of the leading stories in Turkey's press on 6 August 1998. The Anadolu Agency doesn't verify these stories and doesn't vouch for their accuracy.

    (Derived from the Newsspot of the Turkish General Directorate of Press and Information.)

    GURDAL MEETS WITH FOREIGN PRESS
    Ibrahim Gurdal, the Minister of Tourism, gave a banquet for the foreign press members in Ankara yesterday. At the banquet Gurdal said that a British tourism agency had asked for permission to establish a holiday- village costing 15 billion US dollars and with a 50,000 bed capacity in a region between Mersin and Tarsus. He added that the German companies would also like to rent land in the Mediterranean region or along the Aegean coast to make tourism investments. Such foreign investments provide more employment opportunities and foreign exchange, said Gurdal. /Milliyet/

    TURK ON ICG BOARD
    Ersin Arıoglu, one of the founders of the Turkish Science Foundation, has been made a member of the International Crisis Group (ICG), a multinational and independent peace organization which played an active role in the preparation of the Dayton Agreement for a settlement in Bosnia-Herzegovina. Arioglu thus becomes the first Turkish man to sit on the board of the ICG in which important politicians and businessmen participate. /Hurriyet/

    IMF TO DISCUSS TURKISH ECONOMY
    The Executive Board of the International Monetary Fund (IMF) will discuss today the Staff Monitoring Agreement signed in June 1998 between Turkey and the IMF. The IMF representatives said that they expected that the agreement would be fully applied in order to get positive results in the long-term. In line with the agreement the IMF will closely follow developments in Turkey in three-month periods. /Sabah/

    CELEBI: ''THERE IS NO ELECTION ECONOMY''
    Isin Celebi, the Minister of State Minister responsible for the Economy, said that there will be no loss of economic discipline beacuse of the early election process. Celebi noted that inflation was decreasing and that the government aimed to reach 29 billion US dollars in exports by the end of 1998. /Sabah/

    FOREST FIRE AT MARMARIS
    Nearly 15 hectares of forest near Marmaris was destroyed by fire yesterday. The fire, which occurred due to a fault in power lines and fanned by heavy winds, was put out by a fire-fighting team equipped with helicopters and heavy earth-moving machines. Military units and civilians also helped the 450 firemen to prevent the fire from spreading. In the Mediterranean district of Antalya, a 90 hectare of forested area was burned up yesterday. A 100 hectare forested area near Kutahya, and nearly 100 hectares of forest near Konya were also burning yesterday. /Hurriyet/

    ITALIANS WELCOME RO-RO CONNECTION
    The start of ro-ro ferry connections between Tekirdag and Trieste has been welcomed by the Italian press. The ferry route set up by the Ege Ro-Ro corporation is seen as a new connection for transports between Turkey and Italy. A ceremony will be held for the opening of the Tekirdag connection on 8 August where President Demirel and Prime Minister Mesut Yilmaz and the Italian Maritime Minister will also participate. /Hurriyet/

    [10] SUPREME MILITARY COUNCIL RESOLUTIONS ... - KARADAYI, CHIEF OF GENERAL STAFF AND BOZTEPE COMMANDER GENERAL OF GENDARME RETIRED

    ANKARA, Aug 6 (A.A) - The resolutions of the Supreme Military Council, taken during its regular meeting held between 3-6 August under the leadership of Prime Minister Mesut Yilmaz were disclosed.

    Under the resolutions which will take effect on 30 Aug 1998, Ismail Hakki Karadayi, the Chief of General Staff, and Fikret Ozden Boztepe, the Commander General of Gendarmerie will be retired.

    Gen. Huseyin Kivrikoglu, the Land Forces Commander was appointed as the Chief of General Staff, Gen. Atilla Ates was appointed as the Land Forces Commander, Gen. Rasim Betir as Commander General of the Gendarmerie, Gen. Cevik Bir as the First Army Commander, Gen. Hilmi Ozkok as the Deputy Chief of General Staff.

    Gen. Necati Ozgen, the Commander of the War Academies, Gen. Dogu Aktulga, the Commander of the Aegean Army, Nahit Senogul, the Commander of the 3rd Army Commander, Necdet Timur, the Chief of Staff of the Land Forces Commandership, Gen. Ergin Celasin, the Secretary General of the National Security Council (NSC) remained in their present assignments.

    [11] HANNAY WARNS THE GREEK CYPRIOTS ABOUT S-300 MISSILES - ''MISSILES INCREASE PROBABILITY OF CYPRUS BEING INCLUDED IN A DISPUTE BETWEEN GREECE AND TURKEY''

    LEFKOSA, Aug 6 (A.A) - Sir David Hannay, the British Special Representative to Cyprus, warned on Thursday the Greek Cypriots about the deployment of the Russian-made S-300 missiles on the island.

    Hannay stressed in his statement to the Greek Cypriot Radio based in London, that Britain is opposed to the deployment of the missiles at Southern Cyprus. He added that all the member states in the United Nations share the same opinion with Britain with the exception of Russia that is selling the missiles, Greece and the Greek Cypriot side administration.

    Noting that he doesn't believe the missiles will increase the security of the Greek Cypriot side, Hannay emphasized that the only correct way of increasing security on the island is for the two sides to come together for negotiations.

    Hannay said, ''the S-300 missiles will increase the probability of Cyprus being included in a dispute between Greece and Turkey. The application of a moratorium on the flights over Cyprus will be a right step.''

    [12] EXPORTS REACH 2.3 BILLION US DOLLARS IN JULY

    ISTANBUL, Aug 6 (A.A) - According to the records of the Turkish Exporters Assembly (TIM) the export figures in July increased by 3 percent when compared with the figures in the same period last years and reached 2.3 billion US dollars. In July 1997, the exports were 2.2 billion US dollars.

    The A and A Research Counseling Promotion Services statement said that the exports in the first seven months of this year and figures in July increased 6.2 percent and reached 15.9 billion US dollars which was 15.5 billion dollars last year.

    Okan Oguz, the TIM Chairman, while evaluating the exports, pointed out that serious problems were experienced in exports in the recent period, adding ''our exporters are under the pressure of the exchange rate policy and decrease in the international markets. We have the concern that problems will increase in case measures aren't taken.''

    Noting that exporters worked with self sacrifice, Oguz said that the existing system should be reviewed to increase the success.

    According to the records of the TIM, exports of 11 basic sectors, out of 19, recorded decreases in July. The sectors which contributed to the increase of exports were ready-to-wear with a 14.5 percent increase, electric and electronic industry with a 194 percent increase and automotive and sub- industry with a 20 percent increase.

    The records of the TIM show that the figures of first seven months of exports in 1997 and 1998 as of sectors and the changing ratios are as follows:

    . 1997 1998 Change

    . First 7 First 7 (perct)

    ---------------------- ---------- ---------- -------
    Ready-to-Wear 4,135,418 4,432,211 7.2

    Iron and Non-Ferrous Metals 1,863,864 1,972,807 5.8

    Textiles and Raw Materials 1,599,493 1,786,128 11.7

    Electric-Electronic 1,222,819 1,480,127 21.0

    Chemical Items 998,227 1,065,227 6.7

    Automotive and Sub-Indus. 898,129 1,021,698 13.8

    Grains, Pulses, Oil Seeds 962,032 951,086 -1.1

    Cement and Earthenware 449,148 486,080 8.2

    Tobacco 455,390 461,938 1.4

    Hazelnuts and Products 452,050 428,880 -5.1

    Fresh Fruit and Vegetables 459,440 394,717 -14.1

    Leather and Products 373,985 382,938 2.4

    Minerals 341,748 324,598 -5.0

    Wood and Forestry Products 201,240 209,959 4.3

    Dried Fruit and Products 172,582 182,391 5.7

    Live Animals and Aquacult. 194,099 166,268 -14.3

    Carpets 134,292 131,024 -2.4

    Fruit and Vegetable Products 80,881 65,046 -19.6

    Oil and Olive Oil 62,461 40,931 -34.5

    -------------------------- ---------- ---------- -------
    TOTAL 15,057,282 15,984,054 6.2
    </pre>

    [13] SUPREME MILITARY COUNCIL RESOLUTIONS ... - REQUIRED MEASURES TAKEN IN COUNCIL MEETING AGAINST SEVERAL PERSONNEL DUE TO THEIR UNDISCIPLINED BEHAVIOUR

    ANKARA, Aug 6 (A.A) - A total of 31 generals and admirals were promoted, 46 colonels were promoted and became generals or admirals as of 30 August 1998. Also a total of 39 generals and admirals retired.

    The Supreme Military Council discussed the situations of several personnel and took the required measures against them due to their undisciplined behaviour.

    Prime Minister Mesut Yilmaz on Thursday morning signed the decisions regarding the promotions, appointments and retirements.

    The decisions were submitted for the confirmation of President Suleyman Demirel by Ismail Hakki Karadayi, Chief of General Staff and Ismet Sezgin, the Minister of National Defense.

    [14] SALE OF BONDS BY PUBLIC OFFERING

    ANKARA, Aug 6 (A.A) - The Treasury started on Thursday the sale of one-year term bonds indexed to inflation.

    The total demand, which was collected through banks and intermediary organizations, was 95.1 trillion Turkish Liras (TL) for the bonds of which the real interest was 20 percent.

    Meanwhile, the investors, who want to purchase bonds although they didn't make any offer between 3 and 5 August, can buy bonds from the banks or intermediary organizations on the condition of paying the cost in cash.

    The real income rate for the one-year term bonds indexed to consumer prices was specified to be 20 percent.

    The Treasury undertakes the income withholding for the bonds, which were opened for sale with 10 million TL coupons, thus the income will not decrease due to the withholding.

    The formula of inflation rate+real interest+(inflation rate x real interst) is used for the calculation of the income from the bonds having a 6 August 1999 term.

    In accordance with that formula, the income of the bond will be 56 percent with 30 percent inflation; 80 percent with 50 percent inflation and 140 percent with 100 percent inflation.

    The last 12-month Consumer Price Index exchange ratio, which was announced before the redemption date, will be taken as a basis for payments.

    The names of the banks and organizations acting as intermediaries for the public offering are as follows: the branches of the Central Bank; Bank Kapital; Esbank; Iktisat Bank; Kocbank; Tarisbank; T. Ticaret (Commercial) Bank, Yapi Kredi Bank, Ziraat Bank, Demirbank, Finansbank, Interbank, Osmanli Bank, T. Ekonomi Bank, Toprakbank, Yasarbank, Emlakbank, Garanti Bank, Kentbank, Pamukbank, T. Is Bank, Vakiflar Bank and Yurtbank, and the Ak Menkul (Ak Securities), Alfamenkul (Alfa Securities), Eczacibasi Menkul (Eczacibasi Securities), Finans Yatirim A.S (Finans Investment Corp), Yapi Kredi Yatirim (Yapi Kredi Investment) and Yatirim Finansman (Investment Financing).

    [15] TWO TERRORISTS, WHO BLOCK THE ROAD AT BAHCESARAY COUNTY IN EASTERN VAN PROVINCE, ARE KILLED

    VAN, Aug 6 (A.A) - Security forces killed two terrorists who blocked the road on Wednesday night at Bahcesaray County in Eastern Van Province, it was reported on Thursday.

    The incident occurred when the separatist terrorists blocked the highway between Van Province and Ozalp County around Asagı and Yukarı Anzaf Castles and stopped thirty vehicles.

    The Security Forces went to the region and started to follow the terrorists. Two terrorists were killed in the clash that erupted.

    Officials said that the number of terrorists killed may increase.

    [16] 313 INVESTMENT INCENTIVE CERTIFICATES WORTH 182.3 TRILLION TURKISH LIRAS GIVEN IN JUNE

    ANKARA, Aug 6 (A.A) - A total of 313 investment incentive certificates for which the total investment amount was 182 trillion 330.6 billion Turkish Liras (TL) were given in June 1998, it was reported on Thursday.

    The Undersecretariat of the Treasury's communication regarding the foreign capital investment incentive certificates and the sectoral distribution of investment incentive certificates in June 1998 was published in the Official Gazette the same day.

    In accordance with the communication, the toal investment amount of the certificates was 182.3 billion TL and the total fixed investment amount was 181 trillion 687 billion 933 million TL in June 1998.

    The communication said that 11 certificates were arranged for the companies in the agricultural sector; 10 of them for the companies in the mining sector; 189 for the companies in the manufacturiang sector and 103 certificates for the companies in the services sector.

    It said that the total amount of the certificates arranged for the agricultural sector was 3 trillion 133.9 billion TL; for the mining sector, it was 100 trillion 690.2 billion TL and for the services sector, it was 74 trillion 550.4 billion TL.

    The communication mentioned that the foreseen usage of foreign exchange for the realization of investments in June 1998 was 369.7 million US dollars. A total of 16,042 people will be employed if the investments are realized.

    Meanwhile, the total investment amount of the foreign capital investment certificates in June 1998 reached 49 trillion 70.5 billion TL (148 million 112 thousand US dollars).

    [17] NINE TURKISH AND NINE FOREIGN COACHES FOR THE TURKISH FIRST SOCCER LEAGUE

    ISTANBUL, Aug 6 (A.A) - Nine Turkish and nine foreign soccer coaches will work within the 18 Turkish soccer teams in the first league, it was reported on Thursday.

    Altay, Ankaragucu, Besiktas, Galatasaray and Istanbulspor will start the league between 1998-99 with their former coaches.

    Bosnak coaches come in first place among the nine foreign coaches with three coaches. Muzurovic will be the coach of the Adanaspor Soccer Team, Susic will be the coach of the Istanbulspor Soccer Team and Biyedic will be the coach of the Bursaspor Soccer Team.

    Milne, from Britain, Ivancevic from Yugoslavia, Low from Germany, Toshack from the Wales, Britain, Jarabinsky from the Czech Republic and Peczse from Slovakia will be the coaches of Turkish soccer teams.

    The names of coaches who will work in the Turkish soccer teams are as follows:

    Team Name Country

    ------ ------- --------
    Adanaspor Fuat Muzurovic Bosnia

    Altay Sakıp Özberk Turkey

    Ankaragücü Samet Aybaba Turkey

    Antalyaspor Joseph Jarabinsky Czech Rep.

    Besiktas John Benjamin Toshack Wales

    Bursaspor Nejat Biyedic Bosnia

    C. Dardanelspor Erol Tok Turkey

    Erzurumspor Hikmet Karaman Turkey

    Fenerbahçe Joachim Löw Germany

    Galatasaray Fatih Terim Turkey

    Gaziantepspor Hüseyin Kalpar Turkey

    Gençlerbirliği Carol Peczse Slovakia

    Istanbulspor Saffet Susic Bosnia

    Karabukspor Ahmet Akcan Turkey

    Kocaelispor Güvenc Kurtar Turkey

    Sakaryaspor Radmira Ivancevic Yugoslavia

    Samsunspor Mehmet Ali Cınar Turkey

    Trabzonspor Gordon Milne Britain

    </pre>

    [18] SWIMMING AND WATER POLO - NATIONAL TEAMS LEAVE FOR YUGOSLAVIA AND BULGARIA FOR BALKANS CHAMPIONSHIPS

    ANKARA, Aug 6 (A.A) - The water polo national team left on Thursday for Yugoslavia to participate in the Balkans Youth Water Polo Championship while the swimmimg national team left for Bulgaria to attend the Balkans Adult Swimming and Diving Championship.

    The Balkans Youth Water Polo Championship will start on Friday in Belgrade and end on 9 August. The Balkans Adult Swimming Championship will start in Sofia, Bulgaria, while the Balkans Diving Championship will be held in Sandanski, Bulgaria, between 8-9 August.

    The national team to represent Turkey at the Balkans Youth Water Polo Championship is composed of Akif Topaloglu, Mert Furutcuoglu, Baris Yalkin, Hakan Calisir, Haldun Toygarli, Emre Turanli, Emre Karaahmetoglu, Salim Alyanak, Yusuf Naiboglu, Michael Taylan, Ozgur Dizar, Baris Menekay and Ali Celik.

    The names of the swimmers and divers on the Turkish national team are as follows:

    Swimming: Gizem Papila, Ilkay Dikmen, Gulsah Gunenc, Name Zuhal, Burcu Dolunay, Kaan Berberoglu, Cetin Oguz, Orel Oral, Onur Tarlabasi, Efe Boturoglu and Cenk Aktas.

    Diving: Mehmet Denizeri, Erinc Kuzucu and Onur Bolluk.

    [19] GERMANS LOOK FOR THEIR ANCESTORS IN YOZGAT - A GERMAN DELEGATION STARTS A SCIENTIFIC RESEARCH IN YOZGAT PROVINCE TO FIND THEIR ANCESTORS

    YOZGAT, Aug 6 (A.A) - The Germans look for their ancestors in Yozgat Province by taking the letters written by Saint Paul, one of the apostles of Jesus, to the Galatians (Galatia was an ancient country in Central Asia Minor) as the basis, it was reported on Thursday.

    The German Delegation headed by Prof. Dr. Paul Imhof, the Chairman of St. Paul Academy in Germany, started to carry out a scientific research in the central province of Yozgat. The delegation which makes research on the basis of five different letters written by Saint Paul to the Galatians, found very important information in the sarcophagi, which were found in the region.

    Prof. Dr. Imhof told the A.A correspondent that a common motif was found in sarcophagi, which are displayed at the Yozgat Archaeological Museum, which represent the peoples of Turkey, Germany, Scotland and Ireland.

    Noting that this motif is included in the course books of students in the European countries, Prof. Dr. Imhof stated that ''these sarcophagi and the information in the letters reveal that the ancestors of not only Germans, but also of Irish and Scots had lived in Yozgat Province. We launch efforts to find the earthenware pots which have the same motif now.''

    Prof. Dr. Imhof defended the view that Galatians, who are known to be the ancestors of the Germans lived in Yozgat Province for 600 years starting from 40 B.C., but they were assimilated later on.

    Noting that they will also make a documentary concerning their research in Yozgat, Prof. Dr. Imhof said that when these activities end, the German, Scot and Irish tourists will rush to come to visit Yozgat Province.

    [20] NORTHERN IRAQI DIESEL FUEL - TPAO STARTS TO TEST OPERATE STORAGE DEPOTS AT HABUR

    HABUR, Aug 6 (A.A) - The storage depots, which were constructed at Habur to market the Northern Iraqi diesel fuel from a single monopoly, started to be test operated under the supervision of the technical delegation from the Turkish Petroleum Corp. (TPAO), it was reported on Thursday.

    Following the approval of the Council of Ministers for the contract related to the ''hiring'' of the storage facilities by the Silopi Oil Products Corp., which was established to collect the Northern Iraqi diesel fuel with a single monopoly, the TPAO technical delegation arrived on Tuesday in the region to carry out test activities before the transfer of the operation rights.

    The TPAO delegation started its ten-day trials on Wednesday.

    The construction of storage depots were concluded nearly one month ago and haven't been operated up until now.

    [21] FOREIGN DEBT PAYMENTS - TURKEY REPAYS 6.9 BILLION DOLLARS IN FOREIGN DEBTS SINCE 1 JANUARY

    ANKARA, Aug 6 (A.A) - Turkey repaid 75.8 million US dollars in foreign debts between 3 and 5 August, it was reported on Thursday. The foreign debt payments since the beginning of the year reached 6.9 billion US dollars.

    The Central Bank data shows that between 3 and 5 August, the Treasury paid 67.5 million US dollars; the Central Bank paid 5 million US dollars and the Ministry of National Defense and the Defense Industry paid 3.3 million US dollars in foreign debts.

    As of 5 August, the total amount of foreign debt repayments since 1 January 1998 reached 6 billion 920 million US dollars.

    The Treasury repaid 5 billion 460.6 million US dollars; the Central Bank repaid 225.6 million US dollars; the Ministry of National Defense and the defense Industry repaid 1 billion 98 million US dollars and the Turkish defense Fund realized 135.8 million US dollars in foreign debt payments since the beginning of the year.

    [22] THE FIRST WORLD CONFERENCE OF MINISTERS WHO ARE RESPONSIBLE FOR YOUTH TO BE HELD IN PORTUGAL BETWEEN 8-12 AUGUST

    ANKARA, Aug 6 (A.A) - Necati Utkan and an accompanying delegation will represent Turkey at the First World Conference of Ministers who are responsible for youth which will be held in Portugal between 8-12 August, it is reported on Thursday.

    The Foreign Ministry said that Kofi Annan, the UN Secretary General and Jorge Sampaio, the Portuguese Head of State will inaugurate the conference, which will be held by the Portuguese government in cooperation with the UN.

    The problems of young people will be discussed on a wide platform during the conference, which aims at the strengthening of cooperation among countries concerning their policies about young people.

    The participating countries will try to improve the UN Youth Unit, start activities aimed at making governments, international organizations and private sector representatives contribute to the UN Youth Fund during the conference.

    ''The National Youth Policies directed at implementing the World Youth Action Programme in 2000s,'' and besides the issues of participation, development, peace, education, health and drugs will also be taken up during the conference.

    The Lisbon Declaration will be adopted at the end of the Conference and it will be transformed into a UN document.

    The Turkish delegation, which will participate at the conference will give information about Turkey's youth policies, activities launched to this end and arrangements about the eight years compulsory education.

    The World Youth Festival will also be held near Lisbon.

    [23] REPO TRANSACTIONS AT BANKS INCREASED BY 36.8 TRILLION TURKISH LIRAS IN ONE WEEK

    ANKARA, Aug 6 (A.A) - The repo transactions between the banks and their customers increased by 36.8 trillion Turkish Liras (TL) between 17 and 24 July 1998, it was reported on Thursday.

    The Central Bank data shows that the repo transactions increased to 2 quadrillion 801.2 trillion TL on 24 July from 2 quadrillion 764.4 trillion TL on 17 July.

    The reverse repo transactons between the banks and their customers decreased from 20.9 trillion TL to 20.8 trillion TL on 24 July from 41.7 trillion TL on 17 July.

    The repo transactions among financial organizations in the same period increased 9.7 trillion TL to 572.3 trillion TL on 24 July from 562.6 trillion TL on 17 July.

    The reverse repo transactions among the financial organizations inclined 9.4 trillion TL to 832.6 trillion TL on 24 July 24 823.2 trillion TL on 17 July.

    [24] TOTAL DEPOSITS AT BANKS INCREASE 149.2 TRILLION TURKISH LIRAS TO 16.2 QUADRILLION TURKISH LIRAS IN ONE WEEK

    ANKARA, Aug 6 (A.A) - The total deposits at banks increased 149.2 trillion Turkish Liras (TL) to 16 quadrillion 191.8 trillion TL between 10 and 17 July, it was reported on Thursday. The total deposits in banks was 16 quadrillion 42.6 trillion TL on 10 July. The Central Bank data shows that 52 percent of the total deposits was composed of TL, while the remaining 48 percent was composed of foreign currencies.

    As of 17 July, the total TL deposits was 7 quadrillion 805.6 trillion TL and 4 quadrillion 915.7 trillion TL of that total was at the public banks while 2 quadrillion 808.7 trillion TL at the private banks and 52.2 trillion TL at the foreign deposit banks. The remaining 28.9 trillion TL was at the banks based abroad.

    The total foreign currency deposits at banks established in the country was 6 quadrillion 894.4 trillion TL and the total foreign currency deposits at banks settled abroad was 347.3 trillion TL.

    Meanwhile, the total interbank deposits was 1 quadrillion 144.6 trillion TL. This total was composed of 602.9 trillion TL of TL deposits and 541.7 trillion TL of foreign currency deposits.

    [25] FOREIGN EXCHANGE RESERVES OF CENTRAL BANK INCREASE TO 25.7 BILLION US DOLLARS

    ANKARA, Aug 6 (A.A) - The foreign exchange reserves of the Central Bank increased 163 million US dollars to 25.7 billion US dollars between 24 and 31 July 1998, it was reported on Thursday.

    The Central Bank data shows that the foreign exchange reserves of the Central Bank increased from 25 billion 548 million US dollars on 24 July to 25 billion 711 million US dollars on 31 July.

    Meanwhile, the international reserves of Turkey increased to 36.2 billion US dollars according to the 17 July 1998-based statistics.

    The international reserves, which were 35 billion 787 million US dollars on 10 July, increased 358 million US dollars to 36 billion 145 million US dollars on 17 July.

    As of 17 July 1998, the international reserves were composed of 1 billion 125 million US dollars in gold reserves; 25 billion 488 million US dollars in the Central Bank's foreign exchange reserves and 9 billion 532 million US dollars in the commercial banks' foreign exchange reserves.

    [26] BANK CREDITS - CREDIT VOLUME OF BANKS INCREASES BY 127.3 TRILLION TURKISH LIRAS BETWEEN 10 AND 17 JULY

    ANKARA, Aug 6 (A.A) - The loan volume of the Turkish banking system increased 127.3 trillion Turkish Liras (TL) to 11 quadrillion 539.2 trillion TL on 17 July, it was reported on Thursday. The credit volume was 11 quadrillion 411.9 trillion TL on 10 July.

    The Central Bank data shows that as of 17 July, a total of 11 quadrillion 64.6 trillion TL in loans were given to the sectors excluding the financial sector and this total was composed of 332.7 trillion TL in loans given by the Central Bank; 10 quadrillion 26.8 trillion TL in loans given by the deposit banks and 705.1 trillion TL in loans given by the development and investment banks.

    The total amount of loans given to the financial sector as of 17 July 1998 was 474.6 trillion TL and this was composed of 260 trillion TL in loans given by the deposit banks; 206.9 trillion TL in loans given by the development and investment banks and 7.7 trillion TL in loans given by the Central Bank.


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