World Trade Organization

The Turkish garment industry plans to make more than $20 billion in exports in 2021, according to the head of the Turkish Exporters' Assembly (TIM) on Jan. 21. 

In a written statement, Ismail Gülle said ready-to-wear clothing exceeded 10% of the country's total exports in 2020, adding that the sector had managed to increase its exports in eight of 12 months last year.

A joint Ministerial Decision was signed on December 31

The US election results brought great relief to the friends of American democracy (and liberal democracy in general) around the world. The election of an experienced, moderate, dignified, "institutional" new president, a decent man to boot, raises hopes in Europe.

Namely, after several days of violent protests, the police has withdrawn from a protest zone in Seattle on Monday.

Trump: The city was taken over by local terrorists AP Photo/Ted S. Warren

The coronavirus crisis served to demonstrate the importance of trade in services to ensure the sustainability of supply chains, and especially the importance of digital trade, according to Turkey's trade minister.

US President Donald Trump revealed Monday night that the country is ready to withdraw from the World Health Organization (WHO) and the World Trade Organization (WTO). Trump said it would make the final decision by the end of this week.

The president noted that he was dissatisfied with the work of both organizations, claiming that his country had been "abused" by both.

Turkey has launched a legal challenge at the World Trade Organization (WTO) against EU tariffs on steel imports, the country's Trade Ministry said on March 20.

The EU launched an investigation and imposed curbs on steel imports in July 2018 in response to import duties applied by the United States.

The US and China have signed an agreement that should ease the trade war between them, shaking the world markets.

This is the first phase of a Beijing-Washington deal to settle a trade dispute.

China has pledged to boost US imports by $200bn above 2017 levels and strengthen intellectual property rules.

Let me start with a bit of wonderful news: Next Tuesday, Nov. 6, the Chang'an Cargo Train (a.k.a. China Railway Express) is to make a short stop in Ankara. It is then going to pass under the Bosphorus, using the Marmaray tunnel. This is going to be the first direct cargo train traveling from Xian, China, to Europe, arriving at Prague passing through Bulgaria, Serbia, Hungary and Slovakia.

A tariff war between the European Union and the United States is threatening to buckle one of Greece's most buoyant export sectors, which survived a decade of economic crises but possibly not President Donald Trump.