I am citing an article here: In a speech at the G-20 in Istanbul, TİM’s Mehmet Büyükekşi said, “Protectionism is increasing in every market around the world and it is affecting not only Turkish exports, but also Foreign Direct Investment [FDI] in Turkey.
I really can't see a link between protectionism in another country and FDI in Turkey. What is the link here? Also, he later says that devaluation of euro against the dollar affected total FDI value. That makes a little more sense to me, because it can be that amount in euros prepared for some investment in Turkey suddenly became less valuable. I hope that is correct, but I don't get the protectionism part?