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Turkey Signed Free Trade Agreements with Tunisia and Morocco |
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Saturday, 02 April 2005 |
 (Journal of Turkish Weekly) – 31 March 2005 - Turkish PM Tayyip Erdogan leading a 45-strong delegation paid visits to Tunisia, Morocco to boost trade and develop co-operation. The Turkish Premier Tayyip Erdogan described Morocco and Tunisia as "important countries" in the Arab and Islamic world, in the Mediterranean basin and in Africa. After he recalled the increase of trade exchanges between Turkey and the two Arab countries in 2003 and 2004, Erdogan noted that the Free Trade Agreement (FTA) signed with Morocco, then with Tunisia, are an important step in his country's relations with them. Erdogan deemed that the coming into force of the FTAs will give a new impetus to economic relations. Turkey’s export to Tunisia is about 220 million US dollars, while its imports from this country stood around 98.1million US dollars. Turkish export to Morocco was 179.6 million US dollars in 2003, while the volume of imported goods reached 77million US dollars. Agreements on economic, scientific and technical cooperation, air transportation, maritime transportation, tourism and encouragement of investments were inked during Erdogan's visit to these countries.
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