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ISTANBUL - Turkey will be EU's engine with its young and dynamic population, Turkish State Minister and EU chief negotiator Ali Babacan said.

Making a keynote speech on Turkish economy and EU relations in a meeting held by the Turkish Young Businessmen's Association (TUGIAD) in Istanbul, Babacan said that reform process continues and underlined importance of implementation of reforms.

''Turkey will be a different country in five or ten years. The national income per capita will be around 10,000 USD at the end of the negotiation process. Investing in Turkey will mean being a global and competitive company because Turkey has a strategic location among the Middle East, Africa, Caucasus and Europe,'' he stressed.

''Turkey is an important country for peace projects, and projects for co-existence. It is a country which brings forth common cultural identities and unity,'' he added.

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