HomeEconomyHigh-level Türkiye-EU economic meeting planned for spring

High-level Türkiye-EU economic meeting planned for spring

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The EU plans to carry a high-level dialogue with Türkiye on the financial system in upcoming months, EU Commissioner for Enlargement Marta Kos stated on Tuesday throughout a session of the European Parliament Foreign Affairs Committee in Brussels.

“We appreciate what Türkiye has done in the field of aid to refugees,” Kos stated, recalling that the EU determined to ascertain extra dialogue with Türkiye final 12 months.

“We plan to establish a high-level dialogue with Türkiye on the economy in March or April,” Kos was quoted as saying by Anadolu Agency (AA).

This would mark the primary such assembly in six years, because the final Türkiye-EU High-Level Economic Dialogue Meeting was held in Istanbul on Feb. 28, 2019.

European Commission President Ursula von der Leyen made one of many first international visits of her second time period to Türkiye on Dec. 17 and met with President Recep Tayyip Erdoğan. The EU issued optimistic messages on the financial system on the news convention held after the assembly, the principle subject of which was the developments in Syria.

Türkiye and the EU get pleasure from robust commerce ties, but the business group has usually complained concerning the method of acquiring visas amid prolonged processes and a rising variety of EU visa rejections.

For a long time, Türkiye and the bloc have had good commerce ties and cooperation on migration. However, relations have been strained over some points, such because the extended strategy of modernization and enlargement of the scope of the present customs union settlement.

Trade Minister Ömer Bolat pledged on Tuesday to proceed to deepen and develop commerce relations with the bloc, saying Ankara expects the customs union negotiations with the EU to realize momentum because the High-Level Dialogue on Trade improved their relations and cooperation.

Following his assembly with Thomas Hans Ossowski, head of the EU’s delegation to Türkiye, Bolat stated on X that Türkiye “attaches great importance to the multifaceted development of its relations with the EU.”

“Türkiye advocates an inclusive EU trade policy and cooperation in the fields of green and digital transformation,” he stated.

“In this direction, we will continue to deepen and develop our trade relations with the EU with determination,” the minister added.

Türkiye and the EU held their first High-Level Dialogue on Trade on July 8, 2024.

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