Turkey can expand EU’s economic growth: Minister
Turkey on its own can help expand economic growth in the European Union, Economy Minister Nihat Zeybekci said on June 20.
“An updated Turkey-EU Customs Union agreement is most important for us,” he said at a fast-breaking (iftar) dinner held by the Foreign Economic Relations Board.
“Our export trade with the EU is 49 percent, import 40 percent and 44 percent of foreign trade in total,” he said.
Zeybekci said Turkey has free-trade agreements with active foreign trade policies and Ankara would terminate its agreements with five of the 23 countries this year.
“Our goal is to take formal action for the Customs Union update by the end of this year. Both sides are working on extending the deal’s scope. The EU commission voted for authority from the EU council, the process is ongoing in the European parliament. It will be a win-win situation for both sides,” Zeybekci said.
Zeybekci will meet his counterpart in Brussels on June 23 to address the situation.
source: Hurriyet daily news
21.06.2017
“An updated Turkey-EU Customs Union agreement is most important for us,” he said at a fast-breaking (iftar) dinner held by the Foreign Economic Relations Board.
“Our export trade with the EU is 49 percent, import 40 percent and 44 percent of foreign trade in total,” he said.
Zeybekci said Turkey has free-trade agreements with active foreign trade policies and Ankara would terminate its agreements with five of the 23 countries this year.
“Our goal is to take formal action for the Customs Union update by the end of this year. Both sides are working on extending the deal’s scope. The EU commission voted for authority from the EU council, the process is ongoing in the European parliament. It will be a win-win situation for both sides,” Zeybekci said.
Zeybekci will meet his counterpart in Brussels on June 23 to address the situation.
source: Hurriyet daily news
21.06.2017
