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Turkey


’$1.2b penalty in Karkey case likely to be waived’
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Over $100 million paid to Karkey as penalty, claims Sherry
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Turkey, US to hold talks on free trade agreement, Erdoğan says
Turkish President announced that he and his US counterpart agreed to kick start free trade agreement talks and that officials from both nations will shortly begin preparations.
Turkey, Mexico begin free trade deal talks: Trade body
Turkey’s Trade Ministry plans to visit Mexico in fall with larger business delegation.
Ukraine, Turkey mull free trade deal
Ukraine and Turkey are considering a free trade agreement that could see two-way commerce more than double to $10 billion yearly, a statement says on the Ukrainian presidential website.
Namibia courts Turkey investment
The two countries agreed to hold exploratory talks before the end of the year on the possibility of having negotiations of a trade and economic partnership agreement.
Turkey, Montenegro to focus on developing trade, investment as they broaden FTA agreement
Turkey and Montenegro inked a protocol to expand the framework of their free trade agreement, which will pave the way for further development in bilateral trade and investments between the two countries.
Ukraine-Turkey free trade agreement is 99% ready
The free trade agreement between Ukraine and Turkey is 99% ready. "The agreement is 99% ready. Some details have left that influence the numbers," Deputy Foreign Minister of Ukraine Vasyl Bodnar said in an interview with the Ukrainian Radio, answering a question about the readiness of the FTA with Turkey.
Turkish investors see boon in pan-African trade pact
African Continental Free Trade Area expected to pave way for Turkish businesses in to grow on continent
Turkey, Bosnia sign revised free trade agreement
Turkey and Bosnia and Herzegovina on Thursday signed a revised free trade agreement and a memorandum of understanding on the Sarajevo-Belgrade Highway Project.
Ongoing review of FTA to increase trade volume
Bilateral trade between Turkey and Malaysia can be increased through expanding the scope of the FTA which is currently under the review of the two governments.
Rental power: Government in talks for out-of-court settlement
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
Pakistan may not have to pay $1b Karkey penalty
The key suspect in the rental power plants case – Laeeq Ahmed Sheikh, who is in National Accountability Bureau’s (NAB) custody, has revealed some astonishing facts.
Pak-Turkey SEF Plan of Action: Pakistan wants to settle FTA by June 2019
Pakistan is seeking to conclude Free Trade Agreement (FTA) with Turkey by June 2019 that offers the lowest tariff on all tariff lines extended by Turkey to its other trading partners.
Japan eyes June trade deal with Turkey
Japan aims to sign an economic partnership agreement with Turkey in June, as Tokyo’s tariff-reducing deal with the European Union.
Japan, Turkey to hold talks on EPA
Japan and Turkey will hold talks in Tokyo on a bilateral economic partnership agreement.
Pakistan, Turkey in talks for FTA
Pakistan concerned authorities are in the process of building consensus with Turkish for a meaningful free trade agreement (FTA) and increase in economic integration.
Turkish RPP ship: Pakistan breathes $900mn sigh of relief
Pakistan said to have gathered fresh ‘evidence of corruption’ in the procurement of a rental power project (RPP) contract by the Turkish company.
Indonesia, Turkey conclude third round of CEPA talks
Indonesia and Turkey have held a third round of talks on the Comprehensive Economic Partnership Agreement (IT-CEPA) in Jakarta.
Turkey ratifies free trade agreement with Serbia
The Turkish Parliament has ratified the new Free Trade Agreement with Serbia which creates prerequisites for more Serbian goods to be included in the duty-free regime in trade between the two countries.