Turkey Fta Agreements

The agreement provides tariff concessions for agricultural products processed under Schedule III. Trade in agricultural commodities is covered by three bilateral agricultural agreements negotiated between the EFTA state concerned, Iceland, Norway and Switzerland/Liechtenstein and Turkey. While bilateral agricultural agreements between Norway and Turkey, as well as Iceland and Turkey, remain in force, the bilateral agricultural agreement between Switzerland and Turkey has also been modernized and will replace the existing bilateral agricultural agreement after the modernized EFTA-Turkey free trade agreement comes into force. These bilateral agricultural agreements are part of the instruments for creating the free trade area. They provide for significant concessions on both sides, taking into account the respective sensitivities. Article 16 of The Turkey-EC Association Council`s Decision 1/95 on the implementation of the final phase of the customs union provides, among other things, that Turkey will take the necessary measures and negotiate mutually beneficial agreements with the countries concerned. Trade in agricultural commodities is covered by three bilateral agricultural agreements negotiated between the EFTA state concerned, Iceland, Norway and Switzerland/Liechtenstein and Turkey. These agreements are part of the instruments for setting up the free trade area between the EFTA countries and Turkey. They provide for significant concessions on both sides, taking into account the respective sensitivities. Each agreement contains specific rules of origin, usually based on “fully preserved” criteria. The EU has decided to focus on bilateral trade agreements as an instrument for boosting growth, with the introduction of its new “Global Europe” trade strategy in 2006. In line with this strategy, the EU has begun negotiating free trade agreements with specific provisions on services, investment, public procurement and intellectual property rights, in order to increase/maintain its competitiveness in global markets. Turkey is preparing for such an environment.

After starting and starting negotiations in parallel with the EU, Turkey is also adapting to all the issues covered in the agreements and negotiating next-generation free trade agreements with its potential partners. Turkey negotiates and concludes free trade agreements with third countries in parallel with the global trend towards free trade agreements and its commitment to the customs union. Under the EU common tariff, preferential trade regimes are the most important part of trade policy towards third countries. The modernized EFTA-Turkey Free Trade Agreement was signed on 25 June 2018 and includes trade in products (industrial products, seafood and seafood and processed agricultural products), trade in services, protection of intellectual property rights, public procurement, competition, trade and sustainable development.