D-8 projects such as preferential trade agreements and visa agreements will enable movement of people and goods, and in turn they will have a positive impact on the economic activities of D-8, the secretary general of the group said.
Foreign trade deficit shrinks by 14.2 percent year-on-year, dropping to $4.7 billion from $5.5 billion, says Trade Minister Ruhsar Pekcan.
A preferential trade deal between Baku and Ankara will go into effect as of March 1, the Turkish trade minister has announced.
The agreement between Turkey and UK will go into effect New Year’s Day on January 1st. Turkish Trade Minister Ruhsar Pekcan says the deal is historic for ties between the two countries.
Avoiding any trade disruption, Turkey and the United Kingdom signed a free trade deal that covers all industrial and agricultural goods.
Current trade volume between both countries amounted to $4.8 billion in 2019 while both sides plan to sign Free Trade Agreement to deepen economic ties.
Turkey has left worst behind as recovery begins with exports worth $10 billion in May, says the country's Trade Minister Ruhsar Pekcan.
The country's total coronavirus infections have crossed 2,400 and 59 people have died as yet.
Without the UK military, the EU might need NATO protection more than ever, which can increase the political leverage of Turkey in Europe as a second biggest army in the alliance.
Turkey's Trade Minister Ruhsar Pekcan said on Monday that a US delegation headed by her counterpart Wilbur Ross is scheduled to visit Turkey in September.
Turkey's President Erdogan met Chinese President Xi Jinping in Beijing to discuss stronger bilateral relations.
Duties levied on aforementioned US products will be reduced from $521.2 million to $260.6 million, trade minister Ruhsar Pekcan says.
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