Days before 2005 closed, Egypt and Turkey finally signed a free trade agreement (FTA) the negotiations of which began in 1997.
A high-powered Turkish delegation, headed by President Ahmed Necdet Sezer, arrived in Cairo last month to sign a free-trade deal with Egypt in what an editorial in the Turkish Daily News said could be a “turning point in relations between two regional powers.”
Both countries are currently committed to the Barcelona process and plan to join the Mediterranean free trade region by 2010. The process envisages the foundation of a free trade region consisting of 25 European Union and 10 Mediterranean countries, including Turkey and Egypt.
China, Malaysia, Thailand and Turkey have agreed to separately sign Free Trade Agreements (FTAs) with Pakistan preferably during the current fiscal year.
Egyptian Minister of Foreign Trade and Industry, Rasheed Mohammed Rasheed, said a free trade agreement will be signed by Egypt and Turkey during next week’s visit of Turkish President Ahmet Necdet Sezer to Cairo.
THE idea of a Balkan General Free Trade Agreement, to replace existing bilateral free trade agreements, received support at an Athens meeting of the Association of Balkan Chambers, the Bulgarian Chamber of Commerce and Industry (BCCI) said on December 12.
Turkish Industry & Trade Minister Ali Coskun said Turkey and Egypt are on the last step to sign FTA between the two countries.
D-8 region consisting of eight Muslim countries — Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey — has set the end of 2005 as the target for the finalisation of the last draft of the Preferential Trade Agreement (PTA).
After seven years of negotiations carried out in fits and spurts - and the near-death of talks under the previous government of Atef Ebeid - Turkey and Egypt are finally set to sign a free trade agreement in the coming two months.
The six-nation Gulf Cooperation Council and Turkey signed an agreement Monday to begin negotiations on a free trade agreement (FTA).
Turkish State Minister Kursad Tuzmen said on Thursday, "we will complete signing of free trade agreement (FTA) with Arab countries in a vast area from Morocco to Syria in the next few years."
Turkey will prefer signing a Preferential Trade Agreement (PTA) with Pakistan Recept Demir, commercial counsellor, embassy of Turkey said during a meeting with the members of Federation of Pakistan Chamber of Commerce and Industry on Friday.
State Minister Kürşad Tüzmen, on the third day of a visit to Jordan, said that Turkey had presented the draft text of a Free Trade Agreement (FTA) between Turkey and Jordan to Jordanian Prime Minister Faysal Fayez, reported the Anatolia news agency.
The Ethio-Turkey Economic Commission has taken deliberations on Free Trade Agreement (FTA).
Egypt and Turkey agreed yesterday to discuss mechanisms to promote trade and investment cooperation between them, said Foreign Trade Ministry Under-Secretary Sharqawi Hefni on yesterday.
Turkey and Syria signed a free trade agreement on Wednesday and discussed how to keep Iraq united and stable despite the violence sweeping their neighbor.
An essential feature of the implementation of the Euro-Mediterranean Partnership has been the negotiation of Association Agreements between the European Union and nine of its Mediterranean Partners to replace the 1970s Co-operation Agreements.
Turkey was searching possibilities to sign a free trade agreement (FTA) with Bahrain, which was getting prepared to sign one with the United States, Turkish Finance Minister said on Thursday.