Turkey and International Trade
Panelists talked about the potential impact to the Turkish economy of the Transatlantic Trade and Investment Partnership (TTIP) between the … read more
Panelists talked about the potential impact to the Turkish economy of the Transatlantic Trade and Investment Partnership (TTIP) between the U.S. and the European Union (EU). According to a Brookings Institution report, such an agreement that did not include Turkey within the free trade area could force that country to unilaterally lower trade tariffs. Both panelists agreed that the deal that was under negotiation between the U.S. and the EU would open Turkey’s market and lower trade barriers to the U.S. but not open the U.S. market to Turkey increasing the country’s trade deficit. The program included questions from audience members. close
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