Turkish business world to discuss proposals for Turkey in reaction to an Free Trade Agreement between EU & US
Economy Minister Caglayan said that U.S. President Obama and PM Erdogan will discuss a possible free trade agreement (FTA) when they meet in May, Erste Bank reports. Caglayan underlined that foreign trade relations with the U.S. has been so far favoring the U.S., as Turkey could merely export USD 5.6bn to the U.S., while Turkey imported a much larger USD 14.1bn from the U.S.
South Korea’s free trade agreement (FTA) with Turkey will go into effect in May, opening the door for the two nations to expand bilateral trade and boost economic cooperation, the Seoul government said Monday.
Turkish economy minister said that Turkey needed a place at the table as part of free trade agreement talks between the European Union and the US.
Turkish Prime Minister Recep Tayyip Erdoğan has sent a letter to U.S. President Barack Obama so that Washington would continue talks with Turkey for a free trade agreement simultaneously with the EU, Economy Minister Zafer Çağlayan said yesterday.
Some media are reporting talk of Mexico and Turkey joining the EU-US FTA.
Taiwan will use Mexico and Turkey as gateways to stepping up trade with the United States and the European Union, so as to reduce the impact of the free trade agreements (FTAs) between South Korea and the two major economies, according to the country’s main trade promotion body.
Bangladesh has decided to re-assess the necessity and possible benefits of signing a Free Trade Area accord with Turkey, official sources said.
Singapore is keen to begin exploratory talks on a Free Trade Agreement with Turkey.
Advisor to Prime Minister on Textile Dr Mirza Ikhtiar Baig said that trade concessions on 65 items from the EU, implementation of GSP plus status from Jan 1, 2014, preferential trade agreement (PTA) with Turkey, signing the second phase of free trade agreement (FTA) with China and trade opportunities with India are reasons for buoyancy in textiles.
Turkey is offering to pursue a Preferential Trade Agreement (PTA) with Bangladesh, but the two sides have not taken a potential Free Trade Agreement (FTA) off the table, officials said at a recent meeting of top economic officials here.
To further enhance bilateral trade, India and Turkey should start negotiations for signing a free trade agreement (FTA), the Turkish envoy here said.
Malaysia is optimistic of signing a free trade agreement (FTA) with Turkey by year-end, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
Workers from Colombia’s Sintrametal metalworkers union are planning strikes and blockades to call on the government to refrain from signing the free trade agreement being negotiated with Turkey.
Korea and Turkey signed a free trade agreement on Wednesday. This is the ninth trade pact signed by Korea.
Korea and Turkey are scheduled to ink a bilateral free trade agreement and an agreement on trade in goods on Wednesday in Ankara, Seoul’s Trade Ministry said on Monday.
Japan and Turkey have agreed to launch a joint study on concluding an economic partnership agreement between the two countries.
On 21 May, Turkish Development Minister Cevdet Yilmaz, addressing the Turkey-Iran Joint Business Council in Tehran, said that they recorded progress on the way for a preferential trade agreement between the two countries.
Turkey and Ukraine signed a protocol on May 4 to deepen economic and trade cooperation between the two countries. The protocol was signed by Turkish Deputy Prime Minister Ali Babacan and his Ukrainian counterpart Sergei Tigipko after the eighth term meeting of the Turkey-Ukraine Trade and Economic Cooperation Committee, in the Ukrainian capital Kiev.
Mexican Economy Minister Bruno Ferrari has said that his country was ready to sign a free trade agreement with Turkey.