{"status":true,"post":{"id":21571,"user_id":2,"status":1,"type":1,"orde":null,"notification_type":3,"static_post":0,"published_at":"2022-10-24 14:09:33","created_at":"2020-02-27T21:00:00.000000Z","updated_at":"2022-10-24T11:09:33.000000Z","edited_at":"2024-12-17 22:35:21","source_id":null,"post_id":21571,"is_featured":0,"title":"ABD-\u00c7in \u00e7eki\u015fmesi ve uluslararas\u0131 yat\u0131r\u0131mlar","slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"home_title":null,"sub_title":null,"category_id":73,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p style=\"text-align: right;\"><strong><span class=\"large\">Fatih Oktay<\/span><\/strong><br><strong><\/strong><\/p>  <p><span class=\"large\">Ge\u00e7ti\u011fimiz g\u00fcnlerde ABD\u2019nin yeni yabanc\u0131 yat\u0131r\u0131m risk de\u011ferlendirme kurallar\u0131 a\u00e7\u0131kland\u0131. Yeni kurallar ABD kongresinden 2018\u2019in a\u011fustos ay\u0131nda ge\u00e7en Yabanc\u0131 Yat\u0131r\u0131mlarda Risk De\u011ferlendirme Modernizasyonu Yasas\u0131 (Foreign Investment Risk Review Modernization Act \u2013FIRRMA) gere\u011fi de\u011fi\u015fiyor. De\u011fi\u015fikliklerle ABD Yabanc\u0131 Yat\u0131r\u0131m Komitesi (Committee on Foreign Investment in US-CFIUS) yetkileri geni\u015fletiliyor. Yasan\u0131n ana amac\u0131 \u00c7in\u2019in ABD\u2019deki yat\u0131r\u0131mlar\u0131n\u0131 kontrol alt\u0131na almak ve \u00fclke i\u00e7in riskli g\u00f6r\u00fcnenleri engellemek. Bu, uzun y\u0131llar uluslararas\u0131 yat\u0131r\u0131mlar\u0131n \u00f6nde gelen hedeflerinden olan \u00c7in\u2019in di\u011fer \u00fclkelere yat\u0131r\u0131mlar\u0131n\u0131n h\u0131zla artmas\u0131yla net yat\u0131r\u0131mc\u0131ya d\u00f6n\u00fc\u015fmesi ve bu yat\u0131r\u0131mlar aras\u0131nda teknoloji \u015firketi al\u0131mlar\u0131n\u0131n g\u00f6ze batmaya ba\u015flamas\u0131 ile ilgili. \u00c7in, do\u011frudan yabanc\u0131 yat\u0131r\u0131m giri\u015flerinde d\u00fcnya ikincisi ve zaman zaman ABD\u2019nin \u00f6n\u00fcnde birinci s\u0131raya ge\u00e7iyor. 2018\u2019de \u00c7in\u2019de faaliyet g\u00f6steren yabanc\u0131 \u015firketlerin elde ettikleri k\u00e2rlar ve genel merkezlerinden sa\u011flad\u0131klar\u0131 kaynaklar\u0131 kullanarak yapt\u0131klar\u0131 yat\u0131r\u0131mlar\u0131 da katarsak 200 milyar dolar tutar\u0131nda do\u011frudan yabanc\u0131 yat\u0131r\u0131m\u0131 ger\u00e7ekle\u015fti. \u00c7in, 2001\u2019de D\u00fcnya Ticaret \u00d6rg\u00fct\u00fc\u2019ne girme ko\u015fulu olarak ekonomisini yabanc\u0131 yat\u0131r\u0131mlara a\u00e7arken, \u00fclkeden di\u011fer \u00fclkelere yat\u0131r\u0131m yapman\u0131n \u00f6n\u00fcn\u00fc de a\u00e7maya ba\u015flad\u0131. Bu geli\u015fmenin y\u00fcksek g\u00f6r\u00fcn\u00fcr ilk sonucu, Lenovo\u2019nun 2005\u2019te IBM\u2019in ki\u015fisel bilgisayar b\u00f6l\u00fcm\u00fcn\u00fc 1.5 milyar dolar kar\u015f\u0131l\u0131\u011f\u0131nda sat\u0131n almas\u0131 oldu. \u00c7in\u2019den di\u011fer \u00fclkelere do\u011frudan yat\u0131r\u0131mlar 2008 k\u00fcresel kriziyle beraber, b\u00fcy\u00fck \u00f6l\u00e7\u00fcde krizin sat\u0131n alma f\u0131rsatlar\u0131n\u0131 artt\u0131rmas\u0131 nedeniyle h\u0131zla y\u00fckseli\u015fe ge\u00e7ti. \u00c7inli kurulu\u015flar maden ve petrol yataklar\u0131ndan, elektrik da\u011f\u0131l\u0131m \u015febekeleri, limanlar da dahil geni\u015f bir alanda \u015firket sat\u0131n alma yoluyla yat\u0131r\u0131m yapmaya ba\u015flad\u0131. Son y\u0131llarda \u00c7inli \u015firketlerin \u00f6zellikle ABD\u2019de, yar\u0131 iletken \u00e7ip \u00fcretimi gibi teknolojik a\u00e7\u0131dan kritik sekt\u00f6rlerde \u015firket al\u0131mlar\u0131 artt\u0131. Bu geli\u015fmelerin sonucu olarak 2015\u2019ten bu yana \u00c7in\u2019den di\u011fer \u00fclkelere yap\u0131lan yat\u0131r\u0131mlar\u0131n y\u0131ll\u0131k tutar\u0131, di\u011fer \u00fclkelerden \u00c7in\u2019e yap\u0131lanlar\u0131 giderek artan miktarda a\u015f\u0131yor. 2016\u2019da ABD\u2019den \u00c7in\u2019e yap\u0131lan yat\u0131r\u0131mlar 15 milyar, \u00c7in\u2019den ABD\u2019ye yap\u0131lanlar ise 46 milyar dolar tutar\u0131ndayd\u0131. Ayn\u0131 y\u0131l AB\u2019den \u00c7in\u2019e yap\u0131lan yat\u0131r\u0131mlar\u0131n tutar\u0131 7.5; \u00c7in\u2019den AB\u2019ye yap\u0131lanlar\u0131nki ise 36 milyar Euro olarak ger\u00e7ekle\u015fmi\u015fti. ABD\u2019de \u00c7in yat\u0131r\u0131mlar\u0131n\u0131 s\u0131n\u0131rlama \u00e7abalar\u0131 bu ko\u015fullarda ortaya \u00e7\u0131kt\u0131. ABD Yabanc\u0131 Yat\u0131r\u0131m Komitesi 2017\u2019den ba\u015flayarak \u00c7inlilerin ABD\u2019de \u015firket alma giri\u015fimlerini \u00f6zel takibe ald\u0131. Bunun da etkisiyle \u00c7inli \u015firketlerin ABD\u2019deki yat\u0131r\u0131mlar\u0131n\u0131n tutar\u0131 2017\u2019de 30, 2018\u2019de yakla\u015f\u0131k 5 milyar dolar dolay\u0131na d\u00fc\u015ft\u00fc. Yeni yasa ve uygulama kurallar\u0131yla komitenin yetkileri geni\u015fliyor. Komite eskiden yaln\u0131z yabanc\u0131lar\u0131n kontrol edici paya sahip oldu\u011fu yat\u0131r\u0131mlar \u00fczerinde yetki sahibiyken, yetkisi art\u0131k teknoloji, altyap\u0131 ve ki\u015fisel veriler ile ilgili t\u00fcm alanlar\u0131 ve yat\u0131r\u0131mc\u0131ya kontrol imk\u00e2n\u0131 vermeyen k\u00fc\u00e7\u00fck boyutlu yat\u0131r\u0131mlar\u0131 da kaps\u0131yor. Yeni d\u00fczenlemeyle yat\u0131r\u0131m onay\u0131 s\u00fcre\u00e7leri de, yat\u0131r\u0131mdan cayd\u0131racak \u015fekilde daha uzun, karma\u015f\u0131k ve maliyetli hale geliyor. D\u00fczenleme, belirlenecek \u00fclkelerin \u015firketlerinin bu onay s\u00fcrecinden muaf tutulmas\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor, ancak bunun i\u00e7in ilgili \u00fclkelerin de ABD\u2019deki ile uyumlu yabanc\u0131 yat\u0131r\u0131m denetim sistemleri kurmalar\u0131, yani \u00c7in yat\u0131r\u0131mlar\u0131n\u0131 k\u0131s\u0131tlamalar\u0131 gerekiyor. Muaf \u00fclkeler listesinde \u015fimdilik sadece Kanada, Avustralya ve \u0130ngiltere var; Japonya dahi hen\u00fcz listede de\u011fil. ABD ile \u00c7in aras\u0131ndaki ili\u015fkiler t\u00fcm d\u00fcnya i\u00e7in yat\u0131r\u0131m ortam\u0131n\u0131 de\u011fi\u015ftirecek gibi g\u00f6r\u00fcn\u00fcyor.<\/span><\/p>  \t\t\t\t","slug":"abd-cin-cekismesi-ve-uluslararasi-yatirimlar","tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"ABD-\u00c7in \u00e7eki\u015fmesi ve uluslararas\u0131 yat\u0131r\u0131mlar","meta_description":"Fatih Oktay","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"view_count":1040,"cropped_1200x675":null,"user":{"id":2,"name":"FAT\u0130H","surname":"OKTAY","email":"ozansoy.tuna@akay.com","slug":"fatih-oktay","avatar":"\/front\/uploads\/avatar\/1733691600qSRn7kb3ZZVHU3t.webp","status":1,"role":1,"email_verified_at":null,"orde":null,"created_at":"2022-09-15T09:39:41.000000Z","updated_at":"2024-12-18T14:51:22.000000Z","seo_title":null,"seo_description":null},"translations":[{"id":21670,"is_featured":0,"is_amp":0,"is_ads":0,"ads_link":null,"post_id":21571,"locale":"tr","category_id":73,"title":"ABD-\u00c7in \u00e7eki\u015fmesi ve uluslararas\u0131 yat\u0131r\u0131mlar","home_title":null,"sub_title":null,"slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"subtitleuse":0,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p style=\"text-align: right;\"><strong><span class=\"large\">Fatih Oktay<\/span><\/strong><br><strong><\/strong><\/p>  <p><span class=\"large\">Ge\u00e7ti\u011fimiz g\u00fcnlerde ABD\u2019nin yeni yabanc\u0131 yat\u0131r\u0131m risk de\u011ferlendirme kurallar\u0131 a\u00e7\u0131kland\u0131. Yeni kurallar ABD kongresinden 2018\u2019in a\u011fustos ay\u0131nda ge\u00e7en Yabanc\u0131 Yat\u0131r\u0131mlarda Risk De\u011ferlendirme Modernizasyonu Yasas\u0131 (Foreign Investment Risk Review Modernization Act \u2013FIRRMA) gere\u011fi de\u011fi\u015fiyor. De\u011fi\u015fikliklerle ABD Yabanc\u0131 Yat\u0131r\u0131m Komitesi (Committee on Foreign Investment in US-CFIUS) yetkileri geni\u015fletiliyor. Yasan\u0131n ana amac\u0131 \u00c7in\u2019in ABD\u2019deki yat\u0131r\u0131mlar\u0131n\u0131 kontrol alt\u0131na almak ve \u00fclke i\u00e7in riskli g\u00f6r\u00fcnenleri engellemek. Bu, uzun y\u0131llar uluslararas\u0131 yat\u0131r\u0131mlar\u0131n \u00f6nde gelen hedeflerinden olan \u00c7in\u2019in di\u011fer \u00fclkelere yat\u0131r\u0131mlar\u0131n\u0131n h\u0131zla artmas\u0131yla net yat\u0131r\u0131mc\u0131ya d\u00f6n\u00fc\u015fmesi ve bu yat\u0131r\u0131mlar aras\u0131nda teknoloji \u015firketi al\u0131mlar\u0131n\u0131n g\u00f6ze batmaya ba\u015flamas\u0131 ile ilgili. \u00c7in, do\u011frudan yabanc\u0131 yat\u0131r\u0131m giri\u015flerinde d\u00fcnya ikincisi ve zaman zaman ABD\u2019nin \u00f6n\u00fcnde birinci s\u0131raya ge\u00e7iyor. 2018\u2019de \u00c7in\u2019de faaliyet g\u00f6steren yabanc\u0131 \u015firketlerin elde ettikleri k\u00e2rlar ve genel merkezlerinden sa\u011flad\u0131klar\u0131 kaynaklar\u0131 kullanarak yapt\u0131klar\u0131 yat\u0131r\u0131mlar\u0131 da katarsak 200 milyar dolar tutar\u0131nda do\u011frudan yabanc\u0131 yat\u0131r\u0131m\u0131 ger\u00e7ekle\u015fti. \u00c7in, 2001\u2019de D\u00fcnya Ticaret \u00d6rg\u00fct\u00fc\u2019ne girme ko\u015fulu olarak ekonomisini yabanc\u0131 yat\u0131r\u0131mlara a\u00e7arken, \u00fclkeden di\u011fer \u00fclkelere yat\u0131r\u0131m yapman\u0131n \u00f6n\u00fcn\u00fc de a\u00e7maya ba\u015flad\u0131. Bu geli\u015fmenin y\u00fcksek g\u00f6r\u00fcn\u00fcr ilk sonucu, Lenovo\u2019nun 2005\u2019te IBM\u2019in ki\u015fisel bilgisayar b\u00f6l\u00fcm\u00fcn\u00fc 1.5 milyar dolar kar\u015f\u0131l\u0131\u011f\u0131nda sat\u0131n almas\u0131 oldu. \u00c7in\u2019den di\u011fer \u00fclkelere do\u011frudan yat\u0131r\u0131mlar 2008 k\u00fcresel kriziyle beraber, b\u00fcy\u00fck \u00f6l\u00e7\u00fcde krizin sat\u0131n alma f\u0131rsatlar\u0131n\u0131 artt\u0131rmas\u0131 nedeniyle h\u0131zla y\u00fckseli\u015fe ge\u00e7ti. \u00c7inli kurulu\u015flar maden ve petrol yataklar\u0131ndan, elektrik da\u011f\u0131l\u0131m \u015febekeleri, limanlar da dahil geni\u015f bir alanda \u015firket sat\u0131n alma yoluyla yat\u0131r\u0131m yapmaya ba\u015flad\u0131. Son y\u0131llarda \u00c7inli \u015firketlerin \u00f6zellikle ABD\u2019de, yar\u0131 iletken \u00e7ip \u00fcretimi gibi teknolojik a\u00e7\u0131dan kritik sekt\u00f6rlerde \u015firket al\u0131mlar\u0131 artt\u0131. Bu geli\u015fmelerin sonucu olarak 2015\u2019ten bu yana \u00c7in\u2019den di\u011fer \u00fclkelere yap\u0131lan yat\u0131r\u0131mlar\u0131n y\u0131ll\u0131k tutar\u0131, di\u011fer \u00fclkelerden \u00c7in\u2019e yap\u0131lanlar\u0131 giderek artan miktarda a\u015f\u0131yor. 2016\u2019da ABD\u2019den \u00c7in\u2019e yap\u0131lan yat\u0131r\u0131mlar 15 milyar, \u00c7in\u2019den ABD\u2019ye yap\u0131lanlar ise 46 milyar dolar tutar\u0131ndayd\u0131. Ayn\u0131 y\u0131l AB\u2019den \u00c7in\u2019e yap\u0131lan yat\u0131r\u0131mlar\u0131n tutar\u0131 7.5; \u00c7in\u2019den AB\u2019ye yap\u0131lanlar\u0131nki ise 36 milyar Euro olarak ger\u00e7ekle\u015fmi\u015fti. ABD\u2019de \u00c7in yat\u0131r\u0131mlar\u0131n\u0131 s\u0131n\u0131rlama \u00e7abalar\u0131 bu ko\u015fullarda ortaya \u00e7\u0131kt\u0131. ABD Yabanc\u0131 Yat\u0131r\u0131m Komitesi 2017\u2019den ba\u015flayarak \u00c7inlilerin ABD\u2019de \u015firket alma giri\u015fimlerini \u00f6zel takibe ald\u0131. Bunun da etkisiyle \u00c7inli \u015firketlerin ABD\u2019deki yat\u0131r\u0131mlar\u0131n\u0131n tutar\u0131 2017\u2019de 30, 2018\u2019de yakla\u015f\u0131k 5 milyar dolar dolay\u0131na d\u00fc\u015ft\u00fc. Yeni yasa ve uygulama kurallar\u0131yla komitenin yetkileri geni\u015fliyor. Komite eskiden yaln\u0131z yabanc\u0131lar\u0131n kontrol edici paya sahip oldu\u011fu yat\u0131r\u0131mlar \u00fczerinde yetki sahibiyken, yetkisi art\u0131k teknoloji, altyap\u0131 ve ki\u015fisel veriler ile ilgili t\u00fcm alanlar\u0131 ve yat\u0131r\u0131mc\u0131ya kontrol imk\u00e2n\u0131 vermeyen k\u00fc\u00e7\u00fck boyutlu yat\u0131r\u0131mlar\u0131 da kaps\u0131yor. Yeni d\u00fczenlemeyle yat\u0131r\u0131m onay\u0131 s\u00fcre\u00e7leri de, yat\u0131r\u0131mdan cayd\u0131racak \u015fekilde daha uzun, karma\u015f\u0131k ve maliyetli hale geliyor. D\u00fczenleme, belirlenecek \u00fclkelerin \u015firketlerinin bu onay s\u00fcrecinden muaf tutulmas\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor, ancak bunun i\u00e7in ilgili \u00fclkelerin de ABD\u2019deki ile uyumlu yabanc\u0131 yat\u0131r\u0131m denetim sistemleri kurmalar\u0131, yani \u00c7in yat\u0131r\u0131mlar\u0131n\u0131 k\u0131s\u0131tlamalar\u0131 gerekiyor. Muaf \u00fclkeler listesinde \u015fimdilik sadece Kanada, Avustralya ve \u0130ngiltere var; Japonya dahi hen\u00fcz listede de\u011fil. ABD ile \u00c7in aras\u0131ndaki ili\u015fkiler t\u00fcm d\u00fcnya i\u00e7in yat\u0131r\u0131m ortam\u0131n\u0131 de\u011fi\u015ftirecek gibi g\u00f6r\u00fcn\u00fcyor.<\/span><\/p>  \t\t\t\t","slug":"abd-cin-cekismesi-ve-uluslararasi-yatirimlar","orjinalimage":null,"news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"cropped_638x552":null,"cropped_310x208":null,"cropped_416x247":null,"cropped_197x247":null,"cropped_416x600":null,"cropped_1200x675":null,"tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"ABD-\u00c7in \u00e7eki\u015fmesi ve uluslararas\u0131 yat\u0131r\u0131mlar","meta_description":"Fatih Oktay","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","view_count":1040,"yt":0,"ytid":"","ytimage":null,"imgdate":"2000-01-01 00:00:00","cuff_cover":null,"cropped_358x214":null,"cropped_842x474":null}]}}