EU-Turkey Customs Union

The Subject “European Union-Turkey Customs Union” belongs to the following Online Programs taught by EENI Global Business School:

EU International Relations.

Masters: International Business, Foreign Trade.

Doctorate: Islamic Business, European Business, World Trade.

Languages: or UE-Turquía UE União Aduaneira Turquia-UE.

EU-Turkey Customs Union

Since 1995, the European Union and Turkey are tied by a Customs Union Agreement.

The Customs Union between the EU and Turkey does not cover services, public procurement, and agriculture, to which a foreign trade concessions apply.

The objective of the EU and Turkey Customs Union is based on the status of the export products in a free circulation (limited to the industrial goods and processed agricultural export products).

The EU and Turkey Customs Union not cover:

1. Agricultural commodities
2. Coal and steel product

Turkey is a candidate nation for the EU membership since 1999.

Foreign Trade EU-Turkey.

1. The EU ranks as number one in Turkish foreign trade, while Turkey ranks seventh in the top import and the fifth in export markets of the EU
2. Top Turkish exports markets are the EU (56.4%) (4.4%), the U.S. (3.9%), Romania (3.4%), the United Arab Emirates (3%), and Iraq (2.6%)
3. Top Turkish imports partners are the EU (40.8%), Russia (14%), China (7.9%), the U.S. (4.8%), Iran (3.9%), and Switzerland (3.1%)

Turkish Trade Agreements: EFTA, Tunisia, Morocco, Egypt, Chile, Africa-Turkey, Turkic Council, TPS-OIC...

EU Trade Agreements.

The EU-Turkey Customs Union belongs to:

1. Islamic Civilization (Central Eurasian Economic Area)
2. Western Civilization (European Economic Area)

1. Afghanistan-Turkey Corridor
2. Trans-Caspian Corridor
3. Islamabad-Istanbul Corridor

(c) EENI Global Business School (1995-2023)
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