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Tag Archives: EU

Turkish Economy Minister Pushing for US Free Trade

In attendance at a meeting of Turkey’s top private sector representatives and Turkish-American business organization executives regarding a Turkey-US free trade deal, Turkish economy minister Zafer Caglayan said that the proposed Transatlantic Free Trade Agreement (TAFTA) could severely hinder Turkish trade with the US if it is implemented with the EU without accompanying deals with […]

Turkey Pushing Eurasia as it Splits Between the Two

Countries in Eurasia could play an important role in the new global structure, with Turkey’s help according to a new statement from Turkish President Abdullah Gul. In a message to the 16th Eurasia Economic Summit in Istanbul today, where leaders from across the region are gathered to discuss a wide range of subjects including women’s […]

Turkish-Greek Tourism Forum Increases Ties between Two Countries

A Turkish-Greek tourism forum was recently held in Ankara and garnered considerable interest from Turkish and Greek officials and business-people. It’s anticipated the forum will help increase the flow of tourists between Greece and Turkey through increasing cooperation between travel agencies in the two countries. The Greek ambassador was also hopeful the forum would help […]

Turkey Strongest Economy in EU Paddock Says EC

We haven’t had official figures for Turkish GDP growth for all of last year yet, but this hasn’t dettered the European Commission from predicting that Turkey will be the strongest country in its economic paddock this year. In its winter forecast 2013 released today the body predicted that Turkey will grow by 3% in 2013 […]

Turkey Presenting Draft Action Plan to EU

According to EU Minister Egemen Bagis, Turkey is due to present a draft action plan concerning the opening of a new chapter in its bid for European Union membership. Apparently it has fulfilled the benchmarks for the opening of a new negotiation chapter which will be presented to the EU Commission. In the past France […]

Turkey Doesn’t See Shanghai Group as Alternative to EU

Turkey is looking at joining the Shanghai Cooperation Organisation (SCO), but according to the Turkish president, Abdullah Gul, this is not as an alternative to gaining full membership to the EU. Turkey is still pursuing negotiations to join the EU, and is looking to successfully conclude accession talks. The question of Turkey joining the SCO […]

Turkish Trade Deficit Sees Big Decrease, Other News

The foreign trade deficit is known to be one of Turkey’s few remaining economic problems. However, according to the latest data the foreign trade deficit shrank by almost 35% on the year in September. The figures, from Turkstat show that a 21% increase to $13 billion in exports, combined with a 6.4% fall in imports […]

Turkey to be Declared Key Country for EU

The European Union is to declare Turkey as being essential for the prosperity and security of the area, but is still critical of Ankara’s failure to make progress towards accession. These issues are to be raised in the EU’s draft strategy paper, the Enlargement Strategy Paper which is due to be released on October 10th. […]

Turkey to Sign Immigration Treaty for Visa-Free Talks

Turkey is hopeful of being able to secure visa free travel for its citizens to Europe within the next few years. If this happens it might give new life to relations between Turkey and the EU. A decision was recently taken by the European Union to open up talks with Turkey aimed at easing travel […]

Turkey Gains Another US Supporter

Turkey’s economic performance and the way it is holding itself of late (becoming a regional power) continues to make it more and more friends in very high places. Economic problems aside, the US is still the world’s one true superpower, and Turkey continues to bring attention and praise from the yanks in power. US Trade […]

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