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Tag: TTIP

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Erdogan back at the White House

By: Bulent Aliriza / CSIS On May 16 Turkish Prime Minister Recep Tayyip Erdogan meets President Barack Obama on his first visit to the White House since December 2009. Obama has reserved much of his schedule for the day to his visitor, who has won three successive elections, recently celebrated a decade as prime minister and is brimming with self-confidence. The Turkish leader will receive a very warm welcome from his host that will serve to confirm Erdogan’s view of his country’s enhanced stature in the international community. At the same time, the encounter will provide an opportunity for the two leaders to once again display their much-publicized mutual affinity. However, there are divergences, particularly on the Syrian crisis, that they will attempt to resolve or minimize behind the scenes. To read the complete text, click here.

Statement by TUSIAD President Muharrem Yilmaz

April 17, 2013 TUSIAD President Muharrem Yilmaz made the following statement on the Transatlantic Trade and Investment Partnership (TTIP): The Transatlantic Trade and Investment Partnership (TTIP) is the most recent chapter in the Transatlantic Economic Partnership (TEP) project, which was launched at the 1998 US – EU Summit in London.  

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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.

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Don't forget free trade with Turkey

By: Kemal Kirisci / The National Interest Last month, both the U.S. and the European Union (EU) took important internal steps to prepare the ground work for negotiations to establish the Transatlantic Trade and Investment Partnership. TTIP would create the largest integrated market in the world, bringing together half of the world’s GDP and 30 percent of world trade. If it went beyond eliminating already low-level tariffs and succeeded in aligning regulatory standards on both sides of the Atlantic, it also could generate more than 3 percent GDP growth. Beyond bilateral effects, TTIP could also spill over to global-trading trends and serve as a tool for strengthening the Western economic order. But in its current form TTIP would leave Turkey, currently the sixteenth-largest economy in the world, and a long-standing transatlantic ally, out in the cold. 

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Why Turkey Belongs to Transatlantic Economy

This article first appeared in The Hill, on March 12, 2013. Read the original version here.  By: Bahadir Kaleagasi, TUSIAD International Coordinator & Representative to the EU; Baris Ornarli, TUSIAD Washington Representative At the President’s Export Council meeting on Tuesday, President Barack Obama reiterated the importance of achieving a U.S.–EU free trade agreement. He said, “Europe is our largest trading partner – the EU as a whole – and we think that we can expand that even further.” The need to expand the economic partnership was conveyed to Secretary of State John Kerry during his trip to Turkey two weeks ago. Turkey’s Foreign Minister Ahmet Davutoglu said that the Transatlantic Trade and Investment Partnership “is of crucial significance for Turkey,” and that he and Secretary Kerry spoke about the free trade agreement that was announced by President Obama in his State of the Union address in February. “We believe that Turkey needs to play a significant role in that structure,” Foreign Minister Davutoglu said. Secretary Kerry confirmed that they had reached an understanding on this issue: “The Foreign Minister and I talked about ways in which we can grow our significant economic partnership. He mentioned… the Transatlantic Investment Trade Partnership. This is a huge opportunity for all of Europe, for all of us… And I know the Foreign Minister looks forward to working with me, and we actually arrived at an understanding of a couple of ways in which we intend to continue to do that.”