Turkish Digest Advertising Rates

Annual Advertising options

Monday, March 16, 2015

The Turkey-EU customs union at 20: Time for a facelift | Brookings Institution

The Turkey-EU customs union at 20: Time for a facelift

In a previous post I argued that European economic integration remains a key driver for Turkey’s future economic prospects. Specifically, the customs union agreement between the European Union and Turkey—a union that turns 20 at the end of this year—could give Turkey’s competitiveness a new boost if it was extended to cover services, agriculture, and procurement. But to do so, the customs union itself would require a facelift. An agreement originally designed as a stepping stone towards full EU membership needs to be modernized to take into account changing trends in world trade and in EU-Turkey relations.

More:The Turkey-EU customs union at 20: Time for a facelift | Brookings Institution