The first high-level commerce dialogue between Türkiye and the European Union will likely be held in Brussels on Monday, co-chaired by Trade Minister Ömer Bolat and European Commission Vice President Valdis Dombrovskis.
Bolat and Dombrovskis will meet with EU and Turkish business group representatives in a roundtable assembly within the morning, and intergovernmental conferences will likely be held within the afternoon, Anadolu Agency (AA) reported on Sunday.
Progress on bilateral commerce points and areas of cooperation, together with the inexperienced and digital agenda, will likely be mentioned inside the framework decided on the Trade Working Group assembly held in Oct. 2023.
Discussions geared toward deepening the Türkiye-EU commerce and financial cooperation are additionally deliberate.
The high-level commerce dialogue between Türkiye and the EU was among the many suggestions within the joint declaration on the present state of Türkiye-EU political, commerce, and financial relations in Nov. 2023, and it was determined that the primary assembly underneath this mechanism can be held on July 8, 2024.
The announcement for the dialogue got here after a gathering between Bolat and Dombrovskis on the newly opened Brussels consultant workplace of the Türkiye Exporters Assembly (TIM) earlier this 12 months.
This dialogue will present an necessary platform for addressing the Türkiye-EU commerce and financial relations on the highest degree and for persevering with optimistic work on updating the Customs Union.
Türkiye and the EU are important buying and selling companions, with the commerce quantity steadily rising through the years to succeed in over 206 billion euros ($223 billion) in 2023, elevating Türkiye to the place of the EU’s fifth-largest buying and selling associate.
Source: www.dailysabah.com