Turkish Free Trade Agreements

The modernised Free Trade Agreement BETWEEN EFTA and Turkey was signed on 25 June 2018 and covers trade in goods (industrial products, seafood and processed agricultural products), trade in services, protection of intellectual property rights, public procurement, competition, trade and sustainable development. In addition, the updated bilateral agricultural agreements between the various EFTA countries and Turkey continue to be part of the instruments for the creation of the free trade area. In Chapter 6, the Parties recognise that anti-competitive business practices may undermine the benefits of liberalisation under the Agreement. They stress the importance of cooperation and consultation on competition law enforcement. In addition, the Chapter provides the Parties with the opportunity to take appropriate action where an anti-competitive practice continues to affect trade, despite prior cooperation and consultation. Priority shall be given to measures which least disturb the functioning of this Agreement. •The United Kingdom is Turkey`s second largest trading partner after Germany. The following agreements have been replaced by the EU-Turkey Customs Union: the provisions on the protection of intellectual property rights (Article 15 and a new Annex XII) include, inter alia, patents, trademarks, copyrights and geographical indications. •The UK`s Brexit transition period expires at the end of 2020. The British government is pursuing several trade agreements with its key allies, including the United States, Australia, New Zealand and Japan, as well as Turkey. Chapter 3 closely follows the approach of the WTO General Agreement on Trade in Services (GATS).

It covers trade in all services sectors among the four types of supply. Separate Annexes concerning the recognition of qualifications of service providers (Annex X), the free movement of natural persons providing services (Annex XI), electronic commerce (Annex XIII), telecommunications services (Annex XVI), co-productions (Annex XV), financial services (Annex XVI), health services (Annex XVII), tourism and travel services (Annex XVII) and international road transport and transport services Road transport and Logistics services (Annex XIX) complete the chapter with additional sectoral disciplines. The lists of specific obligations and derogations from the most-favoured-nation regime of the Contracting Parties are set out in Annexes XII and IX respectively. . . .