Turkey
Trade Policy Review: Turkey 2016
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat a report by the government and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member's major exports/imports main export destinations origins for its imports and other key data. This edition looks into the trade practices of Turkey.
Trade Policy Review: Turkey 2012
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat a report by the government and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports main export destinations origins for its imports and other key data. This edition looks into the trade practices of Turkey.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr. Bozkurt Aran (Turkey) at the Trade Policy Review of Jamaica 18 and 20 January 2011
This third Trade Policy Review of Jamaica has allowed Members to assess developments since 2005 and help develop a deeper understanding of Jamaica’s trade and investment regime. The participation of Dr. Baugh Deputy Prime Minister and Minister of Foreign Affairs and Foreign Trade Ambassador McCook and their delegation greatly contributed to the success of this meeting. I am also grateful to our discussant Ambassador Piantini Munnigh of the Dominican Republic for his insightful observations.
Report by Turkey
This Government Report of Turkey – which we believe would facilitate Turkey’s Fifth Trade Policy Review under the Trade Policy Review Mechanism of the World Trade Organization – comes out at times of uncertainty and pessimism in the global economy.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr. Mario Matus at the Trade Policy Review of Turkey 21 and 23 February 2012
This fifth Trade Policy Review of the Republic of Turkey has been an excellent opportunity for us all to improve our understanding of Turkey’s trade and trade-related policies and practices and how they have evolved since the previous review in 2007. We are grateful for the active participation of the Turkish delegation headed by H.E. Mr. Cemalettin Damlaci Deputy Undersecretary at the Ministry of Economy. I would also like to thank the discussant H.E. Ambassador István Major of Hungary and Members of the TPRB for contributing to our fruitful exchange of views.
Road transport restrictions, freedom of transit and the Trade Facilitation Agreement: The case of Turkey
This chapter argues that restrictions including quotas and stringent permit systems employed by some EU member states on road transport and transit run by Turkish road operators are important barriers to Turkish exporters. Mindful of the parties’ failure to overcome this major obstacle despite the customs union which has existed between them since 1995 this chapter seeks to shed light on how trade can be significantly hampered by such restrictions and explores the ways in which WTO legal instruments in particular Article V (“Freedom of Transit”) of the General Agreement on Tariffs and Trade (GATT) and recently Article 11 (“Freedom of Transit”) of the Trade Facilitation Agreement can come into play to liberalize trade.
Report by the WTO Secretariat
Like so many other countries across the world Turkey felt the impact of the global financial crisis in 2008 and 2009 with a precipitous decline in exports accompanied by a loss of domestic demand. However Turkey was able to capitalize on structural reforms undertaken in the aftermath of severe domestic economic crises in 1999 and 2001. The reforms included market liberalization to promote private sector growth privatization agricultural reform banking system strengthening fiscal discipline tight monetary policy with inflation targeting and a floating exchange rate regime. Thus in responding to the recent crisis a robust banking sector and a good fiscal position allowed the Government to provide fiscal stimulus to restore growth. The economic decline proved short-lived and the subsequent rebound has been strong.
Introduction
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.