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2 clusters · 3 sources · 14 days · First seen · Last updated

EU-Turkey economic and diplomatic relations

Overview

European Commissioner for Enlargement Marta Kos has emphasized the strategic importance of Turkey for Europe, specifically regarding transport and connectivity. During the opening of a high-speed railway section in Edirne, Kos noted that bilateral trade could potentially exceed 400 billion euros, provided the Customs Union is modernized and trade barriers are removed. However, she also raised concerns regarding democratic standards, media freedom, and fundamental rights in Turkey.

In parallel, bilateral economic efforts continue at the national level. Following the EU-Turkey Business Summit in Brussels, Turkey and Belgium have set a target to expand their bilateral trade volume to 15 billion euros. Key sectors identified for cooperation include aviation, health, cosmetics, food, and construction, with preliminary protocols expected to be signed during a business forum in December.

Entities

Turkey · Belgium · Mustafa Akıncılar · European Union · DEİK

Timeline

  1. [BUSINESS] 3 sources
    Turkey and Belgium aim for 15 billion Euro trade target

    Turkey and Belgium aim to increase trade to 15 billion Euro, targeting new partnerships in aviation, health, cosmetics, food, and construction sectors.

  2. [INTERNATIONAL] 2 sources
    Marta Kos highlights EU-Turkey trade potential and democratic concerns

    EU Commissioner Marta Kos highlighted the strategic importance of Turkey-EU transport and trade, noting potential trade growth to 400 billion euros while raising concerns over democratic standards.

Sources

emlakdream.com · m.haberturk.com · yenisafak.com