Turkey Customs Union Agreement With Eu

Turkey is a member of the Euro-Mediterranean Partnership (Euromed) and, as such, should conclude free trade agreements with all other Mediterranean partners in order to create a Euro-Mediterranean free trade area. In December 2016, the Commission proposed to modernise the Customs Union and extend bilateral trade relations to areas such as services, public procurement and sustainable development. The Commission`s proposal was based on extensive preparatory work during 2016, including a public stakeholder consultation, a detailed impact assessment and a study by an external consultant. However, the Council has not yet adopted the mandate. On 1 January 1996, Turkey began to abolish customs duties on industrial products and adopted the Community`s Common Customs Tariff in trade with third countries. .