Published January 03,2025
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Türkiye will enter into an excellent transfer with Syria within the new interval by way of commerce, investments, and reconstruction of the nation, stated Turkish commerce minister.
Speaking on the Türkiye Exporters Assembly assembly on Friday, Ömer Bolat reminded that Türkiye’s commerce with Syria was $1.8 billion in exports and $660 million in imports in 2011.
Türkiye’s commerce statistics with Syria in 2024 comprised $2.2 billion in exports and $438 million in imports, growing largely in exports from Türkiye to Syria.
He added: “Türkiye’s Free Trade Agreement with Syria was signed and accredited in 2007 however it was suspended after civil conflict had begun in Syria in 2011.
“In the new period, we are completing our preparations for both Free Trade Agreement (FTA) and customs regimes by working with the Syrian authorities. We will try to maximize our trade and investment relations at the point of having a strong Syria.”
Bolat additionally touched on the preparations to increase the FTA with Palestine, saying: “We concluded negotiations to increase our Free Trade Agreement (FTA) with Palestine.
“Within the scope of the FTA with Palestine, we provided concessions in 41 agricultural products, and we increased the dates quota from 1,000 tons to 3,000 tons, then to 4,000 tons and finally to 7,000 tons.”
Source: www.anews.com.tr