Trade Volume Between Türkiye and the European Union Reached 233 Billion Dollars
Trade Minister Ömer Bolat announced that bilateral trade has increased elevenfold over the past thirty years to reach 233 billion dollars, and progress has been made in the Customs Union update process.
During his contacts in Brussels, Trade Minister Ömer Bolat stated that economic relations between Türkiye and the European Union are developing on a win-win basis, announcing that the trade volume has increased elevenfold in thirty years and risen to 233 billion dollars.
Elevenfold Increase in Thirty Years
Trade Minister Ömer Bolat came together with members of the press within the scope of his Brussels contacts and made important evaluations regarding bilateral commercial relations.
Emphasizing that trade between Türkiye and the European Union has shown an elevenfold increase over the past thirty years, Bolat stated that the total volume has reached 233 billion dollars.
Minister Bolat noted that the current picture harbors an important win-win relationship for both sides and that economic cooperation must continue.
Intensive Contacts in Brussels
Recalling that he has carried out three official visits in the last three months and five within the past year, Minister Ömer Bolat conveyed that he has conducted intensive contacts in Brussels.
Expressing that European partners are also willing toward the development of relations with Türkiye, Bolat emphasized that the number of friends and partners has increased.
Customs Union Update Process
It was reported that progress has been made in key areas such as e-commerce, public procurement, investments, and agricultural products during the modernization efforts of the Customs Union.
Stating that technical talks are ongoing, Minister Bolat expressed that an EU Council decision is awaited for the official negotiation mandate, but contacts continue on a topic-by-topic basis.
Clean Industrial Deal and Expectations
It was announced that intensive work has been carried out regarding the Clean Industrial Deal over the past year, and regulations in the automotive industry and electric vehicle investments were addressed.
It was noted that diplomatic traffic is being maintained in order to eliminate restrictive elements and Türkiye's expectations have been conveyed to counterparts.