Turkey DEMANDS Free Trade agreement with EU and US

Turkey has to be party to a proposed Free Trade Agreement between the EU and the U.S., Turkey’s Economic Ministry declared on Monday, stressing that otherwise Turkey should consider renouncing their custom union agreement with the EU.

Turkish Minister of Economy Nihat Zeybekci arrived in Boston on Tuesday to meet U.S. counterparts in Washington on Wednesday as part of the “Framework for Strategic Economic and Commercial Cooperation” between the Turkey and the U.S.

During a reception held by Turkey’s consulate general in Boston prior to official talks planned for Wednesday, Zeybekci emphasized that Turkey has to be admitted into The Transatlantic Trade and Investment Partnership (TTIP) between EU and U.S.

“If Turkey is not in the agreement between the U.S. and EU, Turkey may renounce their custom union agreement with the EU due to the substantial damages suffered,” Zeybekci said.