“Transatlantic Trade and Investment Partnership” between the - TopicsExpress



          

“Transatlantic Trade and Investment Partnership” between the USA and EU has highly important factors for Turkey. When EU preferred trade regime responsibilities which are undertaken in the concept of Customs Union are taken into account, free trade agreements which are being actualized with third countries and economic locations of EU have really significant importance for international economic relations of Turkey. The attempt of Transatlantic Trade and Investment Partnership (TTYO) will be more important and efficient from all another free trade agreements for Turkish economy according to its content and its concept. On the other hand, Turkey also has potential to undertake very important roles in this process. In the latest two decades, Turkey and EU take advantage of returns of Customs Union. Besides reviving economies of both sides, Customs Union was envisaged as a tangible step en route of EU membership of Turkey. In spite of that, Turkey as a member of Custom Union and nonmember of EU has some difficulties. For example, each new free trade agreement signed by EU creates a commercial variation possibility for Turkey. So, goods and services which are taken from third countries of EU countries enter into Turkey without being taxed and Turkey can’t have benefit from the same fertile situation until signing a similar agreement with aforesaid third party. Turkey can’t find an opportunity to avoid of this negative situation until being a part of EU. Hence, Turkey has to mobilize all diplomatic resources for avoiding of negations of free trade agreements which Turkey has done with countries such as South Korea, Mexico, Canada and Japan. This situation changes the balance and causes uneconomic subjects to come in negotiations by causing variations in the area of international relations. Turkey should adopt a politic which gets it out from being affected, even provides positive effects during this process. Actually, by taking into account of positive explanations made by American authorities, Turkey should be a side of the agreement between EU and the USA and make an effort not to be out of this situation. Turkey who is on the way full membership and Customs Union with EU, should have benefit from this economic gains and this rising welfare, even it should support into the regime which develops by the economic dynamism. It should be emphasized that if Turkey will be included to the process then the searching of “Economic NATO” would be possible. By being an important member of the most successful military alliance throughout the history, Turkey will strengthen economic capacity by joining the biggest economic bloc of the world. It consists of bases of a new economic regime with the negotiations of Transatlantic Trade and Investment Partnership and Transpacific Partnership. It is aimed that Turkey should be a part of all institutions of this Transatlantic Partnership and should protect its economic and political gains and should defend its benefits in the forthcoming period as an arbiter.
Posted on: Sat, 23 Nov 2013 10:41:22 +0000

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