StartseiteTurkey Trade Agreement With Eu

Of course, these provisions do not apply to agricultural products excluded from pan-European cumulation (by a footnote referring to an annex in each protocol of origin of the agreements between the EC and the other partners of the pan-European cumulation system). The Agreement contains provisions on trade policy remedies (Articles 2.17-2.19), namely subsidies and countervailing measures, anti-dumping measures and global safeguard measures based on the relevant WTO agreements. This page lists the free trade agreements signed by Turkey. [1] In 1995, Turkey signed a customs union with the European Union for products other than agricultural products and services. Since 2018, the EU has been Turkey`s main trading partner, with 50% of its exports and 36% of its imports. [2] When still a member of the EU, the UK was one of the main supporters of Turkey`s accession to the EU. Britain was quick to condemn the attempted coup in Turkey in 2016 and received praise in Ankara. In early 2017, Britain and Turkey reached an agreement under which BAE Systems would participate in a project to build a fighter jet for the Turkish Air Force. London has also spoken far less than other European capitals about the domestic political situation in Turkey and has largely avoided criticizing President Recep Tayyip Erdoğan and his government.

When Turkey launched a military operation in Syria in October 2019, Britain initially hesitated to condemn Ankara, unlike other NATO allies. The UK has been less critical than some European countries of Turkey`s intervention on behalf of the UN-backed Libyan government. The COVID-19 pandemic has given both countries the opportunity to cooperate: Turkey sent protective equipment to Britain, its government intervened to help after the failure of an order given by Britain to a private company. And unlike the EU, the UK has freed Turkey from quarantine measures and is offering a lifeline to Turkey`s tourism industry. The provisions on the protection of intellectual property rights (Chapters 4 and Annex XX) concern, inter alia, trademarks, copyrights, patents and geographical indications and contain provisions on the enforcement of intellectual property rights and cooperation between the parties. They are based on the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and provide for a high level of protection taking into account most-favoured-nation principles and national treatment. The EFTA States signed a free trade agreement with Turkey on 10 December 1991 in Geneva , Switzerland. The Agreement entered into force on 1 April 1992. .