Tag - free trade

January 2017

Free Trade Agreements

In today’s world, countries have a tendency to engage in bilateral and regional FTAs because of World Trade Organization’s (WTO) under achievement in high level of liberalization, WTO’s regulations’ being not enough in today’s conditions and inefficiency of the multilateral trade system to provide better market access. As a result of this tendency, there are approximately 400 FTAs which are notified to WTO. Turkey, being party to the General Agreement on Tariffs and Trade 1947 (GATT) and member of the [...]