New Stage of Digital Trade Begins Between Turkic States
New Stage of Digital Trade Begins Between Turkic States
Turkey’s Ministry of Trade has announced a new phase of cooperation in digital trade between member states of the Organization of Turkic States. The agreement aims to remove barriers in electronic commerce, digital services, and cross-border data-driven economic activity.
The law approving the Digital Economy Economic Partnership Agreement has already been published in the Official Gazette.
Turkey became the third country after Azerbaijan and Uzbekistan to complete all internal approval procedures. The agreement will officially enter into force once Kyrgyzstan and Kazakhstan complete ratification.
What Will Change
The agreement is designed to create a unified and predictable framework for cooperation in the digital economy, making regional trade faster, easier, and more efficient.
- Development of e-commerce and digital services
- Removal of barriers to cross-border data trade
- Introduction of common digital economy standards
- Simplified international digital operations
Key Areas of Cooperation
The agreement covers a broad range of digital trade mechanisms and technologies aimed at strengthening economic ties between Turkic states.
- Free payments and money transfers
- Paperless trade systems
- Electronic transactions and invoicing
- Digital logistics solutions
- Faster delivery services
- Electronic payments and digital signatures
- Online consumer protection
- Personal data protection
- Fintech cooperation
- Cybersecurity and competition policy
The agreement marks an important step toward building a stronger and more connected digital economy across Turkic countries.
Experts believe the initiative will accelerate regional trade, improve digital infrastructure, and create new opportunities for businesses.
