Analysis-Turkey sets new Western tilt in foreign policy as economy weighs

Turkish President Tayyip Erdogan attends a NATO leaders summit in Vilnius, Lithuania July 11, 2023. REUTERS/Kacper Pempel

ANKARA/ISTANBUL (Reuters) - After pivoting Turkey away from Western allies, President Tayyip Erdogan has changed tack with moves that have pleased the U.S. and upset Russia, a turnaround seen aimed partly at reversing his country's economic downturn and boosting foreign investment.

The foreign policy rethink is part of a wider recalibration by Erdogan six weeks after his re-election: he has also changed course on the economy, reversing unorthodox financial policies blamed for Turkey's runaway inflation and collapsing currency.