European Union-Turkey Customs Union
EENI - Business School.
Sub-subject: the Customs Union between the European Union and Turkey. Syllabus:
- Introduction to the Accession Partnership for Turkey (EU)
- The EU-Turkey Association Agreement
- The European Union and Turkey Customs Union.
- Foreign Trade European Union-Turkey
- Pan-Euro-Mediterranean system of cumulation
Sample of the Sub-subject: The European Union (EU) and Turkey Customs Union:
Sub-Subject Description: The European Union (EU) and Turkey. The Customs Union:
Since 1995, the European Union and Turkey are tied by a
Customs Union agreement.
The Customs Union between the European Union and the Republic of Turkey does not cover services, public procurement, and agriculture, to which foreign trade concessions apply.
The objective of the European Union and Turkey Customs Union is based on the status of export products in free circulation (limited to industrial
goods and processed export agricultural products).
The European Union and Turkey Customs Union not cover:
- export agricultural commodities
- coal and steel products.
Turkey is a candidate nation for the European Union membership since 1999.
Foreign Trade European Union-Turkey.
- The European Union ranks as number one in the foreign trade of Turkey, while
the Republic of Turkey ranks seventh in the top import and the fifth in export markets of the European
- Top Turkish exports markets: the European Union (56.4%), Russia (4.4%), the United States (3.9%), Romania (3.4%), the United Arab Emirates (3%), and Iraq (2.6%).
imports partners of Turkey: the European Union (40.8%), Russia (14%), the People's Republic of China
(7.9%), the United States (4.8%), Iran (3.9%), and Switzerland (3.1%).
- Foreign direct investment: 0.3 billion euros of the European Union inflows came from
the Republic of Turkey, while 12.4 billion euros of European Union out-flows went to the Republic of Turkey.
The European Union-Turkey Customs Union belongs to the:
- Islamic Civilisation (Central Eurasian Economic Area)
- Western Civilisation (European Economic Area)