The Third Bosphorus Regional Cooperation Summit, hosted by the International Cooperation Platform and the Turkish Exporters Assembly will be bringing together the political and economic worlds of 42 nations from Central Asia to the Balkans.

The summit, for which Turkuvaz Media Group is also a sponsor, is being held under the main theme, "The Potential of Eurasia in the Restructuring of the Global Order" and aims to increase the speed and efficiency of the process of establishing strategic cooperation between Turkey and Middle Eastern, African and Central Asian nations.

During the summit, which will come to a close on December 15th, answers will be sought on an international platform to such pertinent questions as, "Will the impasse on the international policy level be surpassed?", "Who will be the new global actors in this arena?", "Are the rules to the game of financial sources being rewritten?"

During an opening speech for the three-day summit, President Abdullah Gül pointed out that we have reached a whole new phase due to the transformation experienced after the Cold War, the advancing of the North African and Middle Eastern regions and the deeply-effecting global crisis in Europe.

Deputy Prime Minister Ali Babacan also delivered an address during which he pointed out Turkey's economic growth and how the management and share structure have changed in the IMF and the World Bank along with the crisis,

Babacan went on to state, "Turkey was the IMF's 42nd largest partner. We have now become their 20th biggest partner."