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Turkey Tunisia Free Trade Agreement

As part of the negotiations, cooperation agreements were concluded between the two countries on the development of relations in the fields of energy, industry and trade. The accumulation of origin means that a product can be processed from a partner country or can be added to a product from another partner country, but can nevertheless be considered a «product of origin» of that second partner country for the purpose of a specific trade agreement. Bilateral trade between the two countries, which amounted to $412 million before the free trade agreement, reached $1.1 billion in 2016. The Assembly of Turkish Exporters (T-M) and the Vice-President of DE-K, Mehmet Bey-keki, said in his opening speech that the development of political and economic relations with the African continent was an important part of Turkey`s international strategy. He stressed that relations between the economic circles of the two countries were strengthened by the Turkey-Africa economic councils operating within the DE-K body and stressed that there were important opportunities for cooperation for Tunisia and Turkey, both in industry and in the tourism sector and in reciprocal investments. «Our goal is to raise the bar for our mutual exchanges and to achieve Tunisia`s 2020 goals and our country`s 2023 goals by strengthening our ties,» he added. He added that the opportunity to expand in Africa could be exploited by reciprocal investments, particularly in the energy, fertilizer, agri-food, mining, textile, leather and footwear sectors, he said, explaining that Tunisia was an ideal base for Turkish companies wishing to expand in Africa in terms of its location in the region. , electrical electronics and automotive (mechanical parts and sub-industry). A free trade agreement between the two countries in 2005 allowed Turkey to export several products, including cereals, tobacco, textiles and telecommunications equipment. The following agreements have been replaced by the EU-Turkey customs union: in addition to these tariff reductions, the Association Agreement also contains provisions approved by the EU and Tunisia: Minister Zeybekci indicated in his opening speech that Tunisia`s exports to Turkey were less than their imports and said that planning for the increase in the volume of exports from both countries should be carried out.

Zeybekci stressed that Turkey had mobilized all the necessary funds for investments to be made in Tunisia, but that it had not produced favourable results in Tunisia, although significant investments had been made in other African countries, and noted the importance of good community and political relations as a volume of foreign trade for Turkey. Zeybekci added: «We will make efforts to boost Tunisian exports to Turkey in the near future. We are ready to do everything that needs to be done as Turkey. We are ready to make concessions to Tunisia that we have not made to any other country in the world. In 2004, Tunsia signed the Agadir Agreement with Jordan, Egypt and Morocco. This has forced all parties to remove all tariffs on trade between them and to harmonize their legislation on customs standards and procedures.

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