Commercial cooperation and FTA negotiations begin between Turkey and Canada

Serdar HocamAuthor & Editor

Following the meeting between Trade Minister Ömer Bolat and Canadian Foreign Minister Anita Anand in Istanbul, a Memorandum of Understanding was signed between Türk Eximbank and EDC.

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Within the scope of contacts held in Istanbul to develop commercial and economic relations between Turkey and Canada, a Memorandum of Understanding was signed between Türk Eximbank and Export Development Canada (EDC), and the schedule for the 1st Round of Free Trade Agreement negotiations was announced.

Contacts that will carry commercial and economic relations between Turkey and Canada to a new phase took place in Istanbul. During the meeting where Trade Minister Ömer Bolat and Canadian Foreign Minister Anita Anand came together, it was announced that the 1st Round of Free Trade Agreement (FTA) negotiations will officially start as of the week of November 30, 2026.

Following the meeting, a Memorandum of Understanding was signed between Türk Eximbank and Canada's export support agency Export Development Canada (EDC) to strengthen institutional cooperation in the field of export credits. With the signed memorandum, it is aimed to financially support the infrastructure, contracting, and export projects of Turkish and Canadian companies in third-country markets, particularly in Africa, MENA, and Central Asia.

Sources

  • ekonomi.haber7.com · Link