Tag: transatlantic relations
Turkey seeks to form working group for U.S. free trade deal
By: Emre Peker / The Wall Street Journal Turkey’s prime minister will seek to form a working group to draft a free-trade agreement with the U.S. during a state visit in May, marking an effort to counter an increasingly onerous customs deal with the European Union, Economy Minister Zafer Caglayan said Tuesday. The push by Recep Tayyip Erdogan comes amid discussions to revise or annul the country’s 1996 customs union with the EU, widely seen as a precursor to Turkey’s entry to the bloc. Turkey’s accession talks finally started in 2005, but have been frozen for almost three years amid political disagreements and the region’s debt crisis.