Turkey has more freedom, human rights, and rule of law than does Egypt (where production is reportedly moving). I know, the Sisi regime hasn’t set a high bar, but it’s ridiculous to frame this as anything but a business decision.
The issue is economic policy, mainly Erdogan's distaste for high interest rates and results thereof. Mind you, Egypt has different serious economic problems, but these are more long term issues...
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Turkey has more freedom, human rights, and rule of law than does Egypt (where production is reportedly moving). I know, the Sisi regime hasn’t set a high bar, but it’s ridiculous to frame this as anything but a business decision.
The issue is economic policy, mainly Erdogan's distaste for high interest rates and results thereof. Mind you, Egypt has different serious economic problems, but these are more long term issues...