Turkey has urged India to join hands in bailing out small economies from the adverse impact global recession and financial meltdown. It has that the business houses from both the countries should go for more investments and creation of more employment opportunities.

Speaking at conclave hosted by the three apex industry bodies in Delhi on Friday the visiting Turkish President, Recep Tayyip Erdogan said : ?This global financial crisis is not due to economic instability in one country or one region. The poor nations are likely to bear the burnt of this crisis. We need to rise up to the occasion. Now is the time for making more investments and creation of more jobs. We need to effectively regulate our economy and not go for protectionism. We also need to rely upon regional cooperation.?