Customs union
Updating Customs Union key for EU-Turkey ties: Trade minister
As European Union membership continues to be a strategic target for Turkey, updating the Customs Union will be a key step to create a positive agenda between both sides, said Turkey's trade minister on March 23.
Turkey, Italy explore greater economic cooperation
Italy's foreign minister said on Dec. 10 that Turkey has great opportunities for economic cooperation in infrastructure, adding that he hopes for more cooperation in railways and other areas in the coming months.
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New free trade deals, update in Customs Union deal to jumpstart Turkish economy in 2017: Minister
An update in Turkey's Customs Union deal with the EU and the signing of new free trade deals with other countries will help Ankara overcome its economic slowdown in 2017, Economy Minister Nihat Zeybekci has said.
Speaking at parliament during annual budget debates, Zeybekci cited both external and domestic causes of the recent decline in the value of the Turkish Lira.
Turkey's revision of EU Customs Union to 'pave way for resolving chronic trade problems'
The revision of the Customs Union between the EU and Turkey will provide an opportunity for the parties to overcome chronic problems such as visa issues and transport quotas, as well as enabling Turkey to build a solid foundation for new Free Trade Agreements (FTAs) that are becoming more important in EU trade policy, the Economic Development Foundation (IKV) in a note on May 13.
Turkey and EU set to sign MoU next week to upgrade Customs Union
Turkish Economy Minister Nihat Zeybekci and the EU commissioner for trade will sign a memorandum of understanding next week to draw framework of upgrading the Customs Union, EU Minister Volkan Bozk?r has stated, noting that one provision in the accord will automatically make Turkey part of any free trade agreement deal that the EU signs with a third party.
Russia, Turkey Mull Trade Preferences for Some Sectors
Russia and Turkey may give preferential treatment to some sectors of their economies, the Russian Minister for Economic Development Alexei Ulyukayev has said.
Turkish business group warns of lagging behind in transatlantic trade talks
All projections indicate that Turkeyâs economy would eventually be harmed due to the eventual integration of the worldâs two largest economies through the Transatlantic Trade and Investment Partnership (TTIP), the head of Turkeyâs leading business club has warned.
Turkey to benefit from EU-Russia row: Minister
The dispute between Russia and the Western world tends to create economic opportunities for Turkey, as the country is seeking a bigger role in Asian trade and to-build stronger economic ties The crisis that Russia is facing with the West may present Turkey new opportunities, according to Economy Minister Nihat Zeybekci.
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Ankara proposes free trade plans to Russia
Ankara has put forward a plan to form a free trade zone with the Customs Union of Russia, Belarus and Kazakhstan, the Russian economy minister reportedly said after holding talks with his Turkish counterpart, amid Turkeyâs mounting frustration with the European Union over a similar scheme.
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Turkey seeks to renew customs union agreement with EU
Turkey wants to renew its customs union agreement with the European Union to boost the countryâs economy, EU Minister Mevlüt ÃavuÅoÄlu said July 9.