Docstoc

An-Update-on-Turkey’s-Regional

Document Sample
An-Update-on-Turkey’s-Regional Powered By Docstoc
					             An Update on Turkey’s
            Regional/Bilateral Trade
                 Agreements
          On the occasion of Annual General Meeting of CTBC
                     November 10, 2009, Toronto

Ferudun BAŞER
Commercial Counsellor, Turkish Embassy in Ottawa
Tel: 613- 789 20 90 Fax: 613- 789 2306,
e-mail: dtotw@magma.ca                                        1
                     CONTENTS

• Turkey’s policies of regional/bilateral trade
  agreements,

• Latest developments in the agreements that Turkey
  completed recently,

• The players in the Turkish market,

• Opening market access for Turkish products in
  different world markets
                                                      2
                   TREND IN EXPORT OF TURKEY
                                                                      (million US $)

140,000                                                                                                                   132,027


120,000
                                                                                                             107,272                       105,187

100,000
                                                                                                85,535

 80,000                                                                              73,476                                                                73,116
                                                                      63,167
 60,000
                                                       47,253

                                        36,059
 40,000                  31,334
          27,775

 20,000

                                                                221            347            365          379          370          501             302            247
                   173            172            240
     0
           2000           2001           2002           2003           2004           2005          2006         2007         2008         2008(1-9)   2009(1-9)

                                                                 Total Export         Export to Canada



                                                                                                                                                                          3
                     TREND IN IMPORT OF TURKEY
                                                                      (million US $)

250,000



                                                                                                                                     201,964
200,000

                                                                                                                     170,063
                                                                                                                                                  163,543


150,000                                                                                              139,576

                                                                                     116,774

                                                                      97,540                                                                                      100,142
100,000

                                                       69,340
          54,503                        51,554
 50,000                  41,399



                   256                           321            245                                                                           1,428           1,009         645
                                  129                                          369             447             675             867
     0
           2000           2001           2002           2003           2004            2005            2006            2007            2008           2008(1-9)   2009(1-9)

                                                                 Total Import         Import from Canada
                                                                                                                                                                              4
                  OBSERVATIONS

•   Growing economy,
•   Trade volume is constantly increasing,
•   Canada’s place in Turkey’s export and import,
•   Turkey’s place in Canada’s export and import,
    – Under 1%
• The economic relations undertraded so;
    – There is much to do to exploit the existing
      potentials.

                                                    5
          LEGAL BASIS OF TURKEY’S FTAs
 Article XXIV of GATT 1994:

     Substantially all trade
     shall not be more higher or restrictive

 Enabling Clause :
             GSP


 The EU-Turkey Customs Union

     Article 16 of EC Turkey Association Council Decision(ACD) No: 1/95

     Barselona Process :

         By 2010 establishment of EURO-MED Free Trade Area

                                                                           6
           ARTICLE 16 OF ACD No:1/95-I
• 1. With a view to harmonizing its commercial policy with that of the
  Community, Turkey shall align itself progressively with the
  preferential customs regime of the Community within five years as
  from the date of entry into force of this Decision. This alignment will
  concern both the autonomous regimes and preferential agreements
  with third countries. To this end, Turkey will take the necessary
  measures and negotiate agreements on mutually advantageous
  basis with the countries concerned. The Association Council shall
  periodically review the progress made.


• 2. In each of the cases referred to in paragraph 1 the granting of
  these tariff preferences shall be conditional on complicance with
  provisions relating to the origin of products identical to those
  governing the granting of such preferences by the Community.


                                                                        7
            ARTICLE 16 OF ACD No:1/95-II

3. (a) Where, during the period referred to in paragraph 1, Turkey maintains a
    tariff policy different from that of the Community, goods imported from third
    countries into the Community and released for free circulation with
    preferential treatment by reason of their country of origin or of exportation
    shall be subject to the payment of a compensatory levy if they are imported
    into Turkey, in the following circumstances:
        - they have been imported from countries to which the same preferential
    tariff treatment is not granted by Turkey, and
       - they can be identified as imported from these countries, and
       - the duty to be paid in Turkey is at least five percentage points higher than
    that applicable in the Community, and
      - an important distortion of traffic related to these goods has been
    observed.

(b) The Customs Union Joint Committee shall establish the list of the goods to
    which the compensatory levy applies, as well as the amount of this levy.



                                                                                    8
             TURKEY’S RTAs – IN FORCE-I

             COUNTRY        DATE OF SIGNITURE   DATE OF ENTRY INTO FORCE


     -Customs Union: 1/95      06.03.1995             31.12.1995
         - PAPs: 1/2007                               01.01.2007
EU
     -ECSC                     25.07.1996             01.08.1996

     - Agriproducts: 1/98      25.02.1998             01.01.1998

1    EFTA                      10.12.1991             01.04.1992
2    ISRAEL                    14.03.1996             01.05.1997
3    MACEDONIA                 07.09.1999             01.09.2000
4    CROATIA                   13.03.2002             01.07.2003
5    BOSNIA                    03.07.2002             01.07.2003
                                                                       9
6    PALESTINE                 20.07.2004             01.06.2005
          TURKEY’S RTAs – IN FORCE-II



     COUNTRY    DATE OF SIGNITURE   DATE OF ENTRY INTO FORCE


7 TUNISIA          25.11.2004             01.07.2005
8 MORROCCO         07.04.2004             01.01.2006
9 SYRIA            22.12.2004             01.01.2007
10 EGYPT           27.12.2005             01.03.2007
11 ALBENIA         22.12.2006             01.05.2008
12 GEORGIA         21.11.2007             01.11.2008



                                                               10
             TURKEY’S FTAs – SIGNED

        COUNTRY     DATE OF SIGNITURE   DATE OF ENTRY INTO FORCE



                                            INTERNAL
1   MONTENEGRO        26.11.2008
                                        APPROVAL PROCESS
                                            INTERNAL
2   SERBIA            01.06.2009
                                        APPROVAL PROCESS
                                            INTERNAL
3   CHILE             14.07.2009
                                        APPROVAL PROCESS




                                                                   11
TURKEY’S RTAs –NEGOTIATIONS ONGOING


   1         FAROE ISLAND

   2           LEBANON

   3           JORDAN

   4             GCC

   5           UKRAINE

   6          MERCOSUR



                                 12
TURKEY’S RTAs – EXPLORATORY TALKS
1    MEXICO
2    ALGERIA
3    SACU-South Africa Customs Union
4    KOSOVO
5    ASEAN
6    LIBYA
7    SOUTH KOREA
8    INDIA
9    ANDEAN COMMUNITY
10   CENTRAL AMERICAN COMMUNITY
11   ACP COUNTRIES
                                       13
                          TURKEY’S FTAs




                                                     FTA’s Under negotiations
                                                    Population: 76,4 mil.
                                                    GDP: 934,4 billion $
                                                    Export: 461 billion $
                                                    Import: 249 billion $


   EU (Customs Union)         FTA’s Signed             Other Countries:
Population: 500 million   Population : 210,5 mil.   Population: 2,5 billion
GDP: 14,609 billion $     GDP: 1.361 billion $      GDP: 5.706 billion $
Export: 1.481 billion $   Export: 430 billion $     Export: 1.833 billion $
Import: 1.919 billion $   Import: 442 billion $     Import: 1.773 billion $
                                                                              14
      POTENTIAL OF FTA TO TURKEY



- 49% of world population,

- 47% of world GDP,

- 45,5% of world trade.


                                   15
   IMPACT OF FTAs to TURKEY’S TRADE
• During the period of 2000-2008;

   – Cumulative increase in total export 375 %,
   – Increase in export to FTA countries 465% .

   – Cumulative increase in total import 270%,
   – Increase in import from FTA countries 298% .

• Export to our FTA partners;

   – 2000  2,1 billion $
   – 2008  12 billion $.
                                                    16
                 CANADA-TURKEY
• CETA is on the table between Canada and the EU,

   – First round in October 2009,

• Turkey can start with Canada

• In 2009, several attempts made to start the
  negotiations,

• Infrastructure and superstructure needed

• Conclusion: The role of CTBC?
                                                    17

				
DOCUMENT INFO