Free trade agreements of Turkey

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Turkey Free trade agreements
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Turkey
Agreement in force
Agreement signed, but not applied
Agreement being negotiated Turkey FTAs.svg
Turkey Free trade agreements
  Turkey
  Agreement in force
  Agreement signed, but not applied
  Agreement being negotiated

This page lists the free trade agreements signed by Turkey. [1] In 1995, Turkey signed a customs union with the European Union for goods, excluding agricultural products and services. As of 2018, EU has been Turkey's main trade partner with 50% of its exports and 36% of its imports. [2]

Contents

Turkey - European Union Customs Union (EUCU) EU and Turkey Locator Map.png
Turkey – European Union Customs Union (EUCU)

List of agreements

Signed

StateSignedIn Force [3] Notes
EFTA logo2.svg European Free Trade Association (EFTA)10 December 19911 September 1992Free Trade Agreement
25 June 20181 October 2021Updated FTA including services [4] [5]
Flag of Europe.svg  European Union 6 March 199531 December 1995 Customs Union, included the United Kingdom until its withdrawal in 2020.
Flag of Albania.svg  Albania 22 December 20061 May 2008Free Trade Agreement
Flag of Azerbaijan.svg  Azerbaijan 25 February 2020Under ratificationFree Trade Agreement [6]
Flag of Bosnia and Herzegovina.svg  Bosnia-Herzegovina 3 July 20021 July 2003Free Trade Agreement
2 May 2019Under ratificationRevised FTA [7]
Flag of Chile.svg  Chile 14 July 20091 March 2011Free Trade Agreement
Flag of Egypt.svg  Egypt 27 December 20051 March 2007Free Trade Agreement
Flag of the Faroe Islands.svg  Faroe Islands 16 December 20141 October 2017Free Trade Agreement
Flag of Georgia.svg  Georgia 21 November 20071 November 2008Free Trade Agreement
Flag of Israel.svg  Israel 14 March 19961 May 1997Free Trade Agreement, effectively halted since 3 May 2024. [8]
Flag of Kosovo.svg  Kosovo 27 September 20131 September 2019Free Trade Agreement
Flag of Lebanon.svg  Lebanon 24 November 2010Under ratificationFree Trade Agreement
Flag of Malaysia.svg  Malaysia 17 April 20141 August 2015Free Trade Agreement
Flag of Mauritius.svg  Mauritius 9 September 20111 June 2013Free Trade Agreement
Flag of Moldova.svg  Moldova 11 September 20141 November 2016Free Trade Agreement
Flag of Montenegro.svg  Montenegro 26 November 20081 March 2010Free Trade Agreement
Flag of Morocco.svg  Morocco 7 April 20041 January 2006Free Trade Agreement
Flag of North Macedonia.svg  North Macedonia 7 September 19991 September 2000Free Trade Agreement
Flag of Palestine.svg  Palestine 20 July 20041 June 2005Free Trade Agreement
Flag of Serbia.svg  Serbia 1 June 20091 September 2010Free Trade Agreement
30 January 20181 June 2019Updated FTA including services [9]
Flag of Singapore.svg  Singapore 14 November 20151 October 2017Free Trade Agreement
Flag of South Korea.svg  South Korea 1 August 20121 May 2013Free Trade Agreement
26 February 20151 August 2018Updated FTA including services [10]
Flag of Sudan.svg  Sudan 24 December 2017Under ratificationFree Trade Agreement
Flag of Tunisia.svg  Tunisia 25 November 20041 July 2005Free Trade Agreement
Flag of Ukraine.svg  Ukraine 3 February 2022Under ratificationFree Trade Agreement [11]
Flag of the United Arab Emirates.svg  United Arab Emirates 3 March 2023Under ratificationComprehensive Economic Partnership Agreement [12]
Flag of the United Kingdom.svg  United Kingdom 29 December 20201 May 2021Free Trade Agreement, [13] prior to this agreement, Turkey-UK had customs union as part of EU-Turkey customs union between 1995-2020.
Flag of Venezuela.svg  Venezuela 17 May 201821 August 2020Trade Development Agreement [14]

Future

The following list contains the countries with active trade agreement negotiations. [15]

StateNotes
Flag of Colombia.svg  Colombia Free Trade Agreement
Flag of the Democratic Republic of the Congo.svg  Democratic Republic of Congo Free Trade Agreement
Flag of Djibouti.svg  Djibouti Free Trade Agreement
Flag of Ecuador.svg  Ecuador Free Trade Agreement
Flag of Ghana.svg  Ghana Free Trade Agreement
Flag of the Cooperation Council for the Arab States of the Gulf.svg  Gulf Cooperation Council Free Trade Agreement [16]
Flag of Indonesia.svg  Indonesia Indonesia–Turkey relations
Flag of Japan.svg  Japan Japan–Turkey relations
Flag of Mexico.svg  Mexico Mexico–Turkey relations
Flag of Pakistan.svg  Pakistan Pakistan–Turkey Free Trade Agreement
Flag of Peru.svg  Peru Free Trade Agreement
Flag of Qatar.svg  Qatar Qatar–Turkey relations
Flag of Thailand.svg  Thailand Free Trade Agreement
Flag of the United Kingdom.svg  United Kingdom Turkey–United Kingdom Free Trade Agreement [17] [18]
Flag of the United States.svg  United States Turkey–United States relations, Halted in October 2019 [19]
Euro-Mediterranean free trade area Free Trade Agreement
Economic Cooperation Organization Trade Agreement Free Trade Agreement

Replaced agreements with EUCU

The following agreements have been replaced with European Union–Turkey Customs Union:

StateSignedIn Force [20] EndedNotes
Flag of Bulgaria.svg  Bulgaria 07 November 19981 January 199931 December 2006Free Trade Agreement [21]
Flag of Croatia.svg  Croatia 13 March 20021 July 200330 June 2013Free Trade Agreement [22]
Flag of the Czech Republic.svg  Czech Republic 10 March 19971 September 199830 April 2004Free Trade Agreement [23]
Flag of Estonia.svg  Estonia 06 March 19971 July 199830 April 2004Free Trade Agreement [24]
Flag of Hungary.svg  Hungary 01 August 19971 April 199830 April 2004Free Trade Agreement [25]
Flag of Latvia.svg  Latvia 16 June 19981 July 200030 April 2004Free Trade Agreement [26]
Flag of Lithuania.svg  Lithuania 06 February 19971 March 199830 April 2004Free Trade Agreement [27]
Flag of Poland.svg  Poland 4 October 19991 May 200030 April 2004Free Trade Agreement [28]
Flag of Romania.svg  Romania 29 April 19971 February 199831 December 2006Free Trade Agreement [29]
Flag of Slovakia.svg  Slovakia 20 October 19971 September 199830 April 2004Free Trade Agreement [30]
Flag of Slovenia.svg  Slovenia 05 May 19981 June 200030 April 2004Free Trade Agreement [31]

Former

StateSignedIn Force [32] EndedNotes
Flag of Syria.svg  Syria 22 December 20041 January 20076 December 2011Free Trade Agreement, suspended after Syrian Civil War
Flag of Jordan.svg  Jordan 1 December 20091 March 201122 November 2018Free Trade Agreement, repealed by Jordan [33]

Related Research Articles

<span class="mw-page-title-main">Economy of Turkey</span>

Turkey is a founding member of the OECD and G20. The country's economy ranked as the 18th-largest in the world and 8th-largest in Europe by nominal GDP in 2023. It also ranked as the 11th-largest in the world and 5th-largest in Europe by PPP in 2023. According to the IMF, as of 2022, Turkey had an upper-middle income, mixed-market, emerging economy. Turkey has often been defined as a newly industrialized country since the turn of the 21st century. The country is the fourth most visited destination in the world, and has over 1,500 R&D centres established both by multinational and national firms. Turkey is among the world's leading producers of agricultural products, textiles, motor vehicles, transportation equipment, construction materials, consumer electronics, and home appliances.

<span class="mw-page-title-main">Foreign relations of Turkey</span> Overview of the foreign relations of Turkey

Physically bridging Europe and Asia and being above Africa, Turkey is a secular country that has historically pursued a Western-oriented foreign policy. To this end, Turkey uses its global diplomatic network—the third most extensive—of 252 diplomatic and consular missions.

<span class="mw-page-title-main">Foreign relations of Ukraine</span>

Ukraine has formal relations with many nations and in recent decades has been establishing diplomatic relations with an expanding circle of nations. The foreign relations of Ukraine are guided by a number of key priorities outlined in the foreign policy of Ukraine.

<span class="mw-page-title-main">European Union–Turkey Customs Union</span> Customs union between Turkey and European Union

The European Union–Turkey Customs Union is a trade agreement between the European Union (EU) and Turkey. The agreement came into effect on 31 December 1995, following a 6 March 1995 Decision of the European Community–Turkey Association Council to implement a customs union between the two parties. Goods may travel between the two entities without any customs restrictions. The Customs Union does not cover essential economic areas such as agriculture, services or public procurement.

<span class="mw-page-title-main">Turkey's membership of international organizations</span> Overview of Turkeys membership of international organizations

Turkey is a founding member of the United Nations, the Organisation of the Islamic Conference, the Organisation for Economic Co-operation and Development and the Organization for Security and Co-operation in Europe, has been in the Council of Europe since 1949, and in NATO since 1952. Since 2005, Turkey is in accession negotiations with the European Union, having been an associate member since 1963 and is also in European Customs Union. Turkey is also a member of the G20 industrial nations which brings together the 20 largest economies of the world.

<span class="mw-page-title-main">Economy of Northern Cyprus</span>

The economy of Northern Cyprus is dominated by the services sector, which includes the public sector, trade, tourism and education. Industry contributes 22% of GDP and agriculture 9%. Northern Cyprus's economy operates on a free-market basis, with a significant portion of administration costs funded by Turkey. Northern Cyprus uses the Turkish lira as its currency, which links its economic situation to the economy of Turkey.

<span class="mw-page-title-main">Foreign relations of the Faroe Islands</span>

Being part of the Kingdom of Denmark, the foreign relations of Faroe Islands are handled in cooperation with the Danish government and Government of Faroe Islands.

<span class="mw-page-title-main">Switzerland–Turkey relations</span> Bilateral relations

Swiss–Turkish relations are foreign relations between Switzerland and Turkey. Switzerland has an embassy in Ankara and a consulate-general in Istanbul. Turkey has an embassy in Bern and consulates-general in Zürich and Geneva. Both countries are full members of the Council of Europe, the OECD, the OSCE and the WTO.

<span class="mw-page-title-main">Indonesia–Turkey relations</span> Bilateral relations

Indonesia and Turkey established diplomatic relations in 1950. Diplomatic relations are particularly important because both are Muslim-majority countries as well as modern democracies. Indonesia has an embassy in Ankara and consulate-general in Istanbul. Turkey has an embassy in Jakarta, and honorary consulate in Medan since May 1996. Both countries are full members of the World Trade Organization (WTO), Organisation of Islamic Cooperation (OIC), D-8 Organization for Economic Cooperation, MIKTA and the G-20 major economies.

<span class="mw-page-title-main">Visa policy of Turkey</span> Policy on permits required to enter Turkey

The visa policy of Turkey deals with the requirements that a foreign national wishing to enter Turkey must meet to be permitted to travel to, enter and remain in the country.

<span class="mw-page-title-main">Turkey–Venezuela relations</span> Bilateral relations

Diplomatic relations between Turkey and Venezuela were established in 1950.

<span class="mw-page-title-main">Colombia–Turkey relations</span> Bilateral relations

Colombia–Turkey relations are foreign relations between Colombia and Turkey. Diplomatic relations between the two countries were established in 1959. Turkey has an embassy in Bogotá while Colombia has an embassy in Ankara.

<span class="mw-page-title-main">Niger–Turkey relations</span> Bilateral relations

Niger–Turkey relations are the foreign relations between Niger and Turkey. Turkey has an embassy in Niamey since January 2012 while Niger has an embassy in Ankara since October 2012 and consulates in Istanbul, Bursa and Antalya. 29 international treaties and agreements were signed between the 2 countries since 2012.

<span class="mw-page-title-main">Estonia–Turkey relations</span> Bilateral relations of Estonia and Turkey

Estonia-Turkey relations are foreign relations between Estonia and Turkey. Estonia has an embassy in Ankara and Turkey has an embassy in Tallinn. Both countries are full members of Council of Europe and of NATO. Estonia is also an EU member and Turkey is an EU candidate.

<span class="mw-page-title-main">Burkina Faso–Turkey relations</span> Bilateral relations

Burkina Faso–Turkey relations are the foreign relations between Burkina Faso and Turkey. Turkey and Burkina Faso enjoy strong and friendly bilateral relations. Bilateral relations gained momentum after the opening of the Turkish Embassy in Ouagadougou and the Embassy of Burkina Faso in Ankara in 2012 and in 2014 respectively.

<span class="mw-page-title-main">Latvia–Turkey relations</span> Bilateral relations

Latvia–Turkey relations are the foreign relations between Latvia and Turkey. Both countries are members of NATO and the Council of Europe.

<span class="mw-page-title-main">Slovakia–Turkey relations</span> Bilateral relations

Slovakia–Turkey relations are the foreign relations between Slovakia and Turkey. In 1993, Turkey was one of the first states to formally recognize both the Slovakia and Czech Republic as separate, and sovereign states after the dissolution. Diplomatic relations and the Turkish Embassy in Bratislava were established on January 4, 1993. Before the 1990s split, Turkey held close but also tense relations with Czechoslovakia, specifically during the Cold War due to NATO and the rest of Europe pushing and supporting anti-communist sentiment and approach for its members, such as Turkey, towards Eastern Bloc countries of which Czechoslovakia was a part of.

<span class="mw-page-title-main">Norway–Turkey relations</span> Bilateral relations

Norway–Turkey relations are foreign relations between Norway and Turkey. The bilateral relations were established in 1926.

References

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  2. "Turkey - Trade - European Commission". ec.europa.eu. Retrieved 22 July 2018.
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  4. "Republic of Turkey - Ministry of Trade". www.trade.gov.tr. Retrieved 27 January 2019.
  5. "Contested Turkey trade deal to finally come into force". SWI swissinfo.ch. Retrieved 11 September 2021.
  6. "Turkey ratifies free trade deal with Azerbaijan" . Retrieved 23 January 2021.
  7. "Turkey, Bosnia sign revised free trade agreement" . Retrieved 21 November 2020.
  8. "Turkey suspends trade with Israel over Gaza conflict – DW – 05/03/2024". dw.com. Retrieved 19 May 2024.
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  11. "Turkey, Ukraine Sign Free-Trade, Drone Deals as Erdogan Visits Kyiv - The Wall Street Journal" . Retrieved 4 February 2022.
  12. "Türkiye, UAE sign free trade deal as ties improve - Latest News". Hürriyet Daily News. Retrieved 16 April 2023.
  13. "Turkey, UK sign historic free trade agreement" . Retrieved 29 December 2020.
  14. "Trade development agreement between Venezuela and Turkey becomes effective August 21". www.bilaterals.org. Retrieved 16 April 2023.
  15. "Müzakere Süreci Devam Eden STA'lar". www.ticaret.gov.tr (in Turkish). 30 August 2018. Retrieved 7 September 2019.
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  18. "UK and Turkey look to redo free trade agreement". Trade Finance Global. 18 July 2023.
  19. Breuninger, Kevin (14 October 2019). "Trump halts trade negotiations with Turkey, raises its steel tariffs to 50%". CNBC. Retrieved 20 October 2019.
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