Turkey is offering economic partnership agreements to potential trade partners instead of traditional free trade agreements in an attempt to bypass regulations in its customs union deal with the European Union, a Turkish minister has said.
I followed the Gulf Cooperation Council (GCC) summit held in Abu Dhabi, the United Arab Emirates (UAE) capital, last week and had a chance to see firsthand how the leaders of oil-rich Gulf Arab countries conducted the meeting against the backdrop of the challenges facing the Middle East.
Lebanon and Turkey signed a free trade agreement to increase bilateral trade and expand private sector cooperation, as well as to pave the way for the establishment of a free trade zone between Lebanon, Turkey, Syria and Jordan.
Turkey is interested in expanding economic cooperation with Ukraine and introducing the visa-free regime between the two countries, Turkish Minister of Industry and Commerce Nihat Ergun has said at the Black Sea Economic Forum in Yalta, an UKRINFORM correspondent reported.
Turkey and Lebanon are expected to sign several deals this week, including a partnership establishing a free-trade zone and a joint political declaration aiming toward a new high-level strategic cooperation counc
On the occasion of coming into force of the Agreement, Serbian Ministry of Economy pointed out that, in addition to simplification of the export of goods, it would introduce Turkey as potential significant source of raw materials for Serbian economy in certain domains, one of which is textile industry.
As momentum grows towards a successful Canada-European Union free trade deal, Turkey—an EU candidate linked by strong economic ties to the 27-member bloc—is now also seeking a free trade deal with Canada so its goods and companies aren't put at a disadvantage.
Turkey and the East African Community will start negotiations for a Free Trade Agreement and a Trade and Investment Framework Agreement next month, the East African Business Council has announced.