Turkish President Abdullah Gul received Umit Boyner, the chairperson of executive board of Turkish Industrialists' and Businessmen's Association (TUSIAD), and an accompanying delegation in Istanbul.

After the closed-door meeting, Boyner told reporters that they discussed several matters including democratization, EU process and sustainable growth in the meeting with President Gul.

Replying to questions, Boyner said that Turkey should fulfill some important reforms in the coming period, stating that Turkey was dealing with trade deficit.

"We should focus on our industry model. Reforms are needed in the country," she said.

Boyner said that Turkey was not passing through an economic crisis and any crisis was not expected in the country in the following period.