Modernizing Turkey-EU Customs Union a must
Ebru Turhan & Erdal Yalçın*
Turkish Economy Minister Nihat Zeybekci and European Commissioner of Trade Cecilia Malmström have recently announced Turkey and the European Union’s joint ambition to modernize and expand the 20-year-old Customs Union (CU). This intention of deepening bilateral economic relations has become an urgently necessary consolidation of the CU to prevent a disruption between Turkey and the EU due to institutional weaknesses in the ex-isting trade accord.
More:Modernizing Turkey-EU Customs Union a must - CONTRIBUTOR