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Turkey Seeks Balanced Free Trade Agreement With India

by Ulrika Lomas, Tax-News.com, Brussels

05 May 2017


Turkey's President, Recep Tayyip Erdogan, has said that he is keen to launch talks for a free trade agreement (FTA) with India.

Erdogan met with India's Prime Minister, Narendra Modi, earlier this week to discuss the two countries' economic relationship and in particular Turkey's two-way trade deficit.

Both countries have been active in discussions internationally to lower their tariffs reciprocally with other countries; Turkey recently held free trade talks with the European Free Trade Association (EFTA) states (Switzerland, Liechtenstein, Iceland, and Norway) and Pakistan, while India has been engaged in talks with EFTA, Peru, and the UK.

TAGS: Pakistan | tax | free trade agreement (FTA) | Iceland | India | law | tariffs | Liechtenstein | Norway | Peru | trade | Turkey | Europe

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