Published October 10,2023
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Meeting in Brussels with Paolo Gentiloni, European commissioner for the financial system, the Turkish commerce minister known as for creating the Customs Union to reply to present world requirements and canopy all areas of bilateral commerce between the EU and Türkiye.
“Thanks to the economic integration achieved through the Customs Union, our bilateral trade volume with the EU reached an all-time high of approximately 200 billion dollars in 2022,” Ömer Bolat wrote on X.
Türkiye will proceed its efforts to additional improve commerce and financial cooperation with the EU, the nation’s largest buying and selling associate, by means of mutual steps, he added.
Also participating in an occasion known as Bruegel Dialogues, Bolat shared Türkiye’s perspective on the current and way forward for its financial integration journey with the EU, which started over half a century in the past.
Türkiye has lengthy pressed for an replace to its Customs Union with the EU, which started in 1995, arguing that it misses essential areas such because the commerce in companies and that an replace would clearly profit either side.
Source: www.anews.com.tr