Free Trade Agreement Turkey Eu

Free Trade Agreement Turkey Eu

The agreement provides for effective access to industrial product markets in the form of tariffs and rules of origin, which will create EFTA and European parity for EFTA exports to Turkey. Since 1 January 1999, all industrial products, with the exception of certain products of the European Atomic Energy Community (Euratom), originating from the EFTA states, have access to Turkey duty-free. Since the agreement came into force, industrial products originating in Turkey have benefited from duty-free access to EFTA states. Community trade policy and preferential trade agreements with third countries – Legislation on the elimination of technical barriers to trade in industrial products – Competition – Industrial and Intellectual Property – Customs Legislation. The EU-Turkey customs union is a trade agreement between the European Union (EU) and Turkey. The agreement came into force on 31 December 1995 following the decision of the European Community-Turkey Association Council of 6 March 1995 to establish a customs union (turkish language: Gomr-k Birlii) between the two parties. [1] Goods can move without customs restrictions between the two units. The customs union does not cover key economic sectors such as agriculture (which enforces bilateral trade concessions), services or public procurement. Article 16 of The Turkey-EC Association Council`s Decision 1/95 on the implementation of the final phase of the customs union provides, among other things, that Turkey will take the necessary measures and negotiate mutually beneficial agreements with the countries concerned.

The agreement contains detailed provisions on trade facilitation (Annex VI), including certain elements of the WTO. Import or export tariffs and equivalent effect taxes were abolished completely between the Community and Turkey on 31 December 1995 – As of 31 December 1995, Turkey was moving towards the common tariff vis-à-vis non-Community countries. With regard to trade in processed agricultural products, the determination of industry and agriculture in the products in Schedule 1 of the decision removed tariffs on the industrial part of the overall protection. Within five years of the decision coming into force, Turkey enshrines in its internal legal order the Community instruments aimed at removing technical barriers to trade. Quantitative import and export restrictions and any measures of equivalent effect are prohibited between the contracting parties. The provisions on the protection of intellectual property rights (Chapter 4 and Appendix XX) include trademarks, copyrights, patents and geographical indications and include provisions relating to respect for intellectual property rights and cooperation between the parties. They are based on the WTO agreement on trade-related aspects of intellectual property rights (TRIPS) and provide a high level of protection, taking into account the principles of the most favoured nation and national treatment. Under The Association Council`s Decision 1/95, the customs union not only includes the abolition of customs duties and all other measures of equivalent effect and the adoption of the Community`s common tariff, but also provides for the abolition of all competition distortion mechanisms which result in an unfair advantage over the other party.

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