Turkish Politics & Internal Affairs

[OguzSenturk]

Turkey export between $45-50 billon merchandise to Europe.

Stop flaming, this is not an economy thread.

 

[Islamic faith&Secularism]

Our liberation and globalization queen Angela Merkel would not allow any sanctions.

One thing the queen along with her subjects is scared to death in their liberal and global world is Syrians.

Now, Do you have any real and actual argumant to put forward or continue with 5 yo arrogant kid attitude?

 

[Glass]

You has to should do this years ago. China, India, USA for example have huge markets were you have not significant maintaining.

The Customs union from what i understand are making it extremly difficult to export to outside of the EU ? In fact the customs union is one of the primary reasons why turkey has such a huge deficit with countries outside the eu? Is that trrue or just a conspiracy?

 

[xenon54 out]

I've written many scientific articles about this issue. The Customs Union between TR and EU will never be cancelled. The most important reasons behind this observation are Greece (& Cyprus). Both countries could be easily influenced by Turkey through economic, milliary or diplomatic actions. For instance, one tiny Turkish missile landing in Athena would basically end the Eurozone. No one - not even Germany - is able to bail out a bankrupt and war-ridden Greece. But securities and loans totaling around several hundred billions EUR fall under the protection of various German protection schemes/guarantees. In other words: Germany itself could go bankrupt in case of a war between Turkey and Greece. This is no joke neither an exaggeration of the situation. Various German economists are debating and writing about this risk, e.g. Prof. Dr. Sinn (currently the most influential and famous German economist).

Also, the trade between EU and Turkey has changed radically. It's more balanced than it was couple years ago. If you look at the data, you'll see that Europe has lost in the past years billions whereas Turkey's exports grew.



Thirdly, the EU is sanctioning its 4th largest trade partner: Russia. The Europeans have serious debates ongoing with their biggest trade partner: UK. Do you believe that they will sanction Turkey in these days? We are Europe's 5th largest trade partner after all.



The major problem between Turkey and Europe right now is that both sides don't have adjustable measures to 'punish' each other and than go back to business as usual. This is dangerous.

Tell this to those who favour cancelling the custom union.

 

[KediKesenFare3]

The Customs union from what i understand are making it extremly difficult to export to outside of the EU ? In fact the customs union is one of the primary reasons why turkey has such a huge deficit with countries outside the eu? Is that trrue or just a conspiracy?

It's true. If EU signs a FTA with a third country like Canada, we have to open our domestic market for Canadian products as well even though Turkish products are not allowed to be exported to Canada without customs duty -> creating huge trade deficit

 

[xenon54 out]

It's true. If EU signs a FTA with a third country like Canada, we have to open our domestic market for Canadian products as well even though Turkish products are not allowed to be exported to Canada without customs duty -> creating huge trade deficit

Why would Turkey not be allowed to export when its part of the custom union i dont get the logic here.

 

[KediKesenFare3]

Why would Turkey not be allowed to export when its part of the custom union i dont get the logic here.

Customs Union and Common/Single Market aren't the same thing. People are often mixing up both terms.

We are in a Customs Union with the EU but we aren't a member state of the EU = Single Market.

Canada, South Africa and other nations which have a FTA with EU don't have to reduce tariffs on Turkish products. But we have to do what the Europeans decide in our name. Effectively, our trade policy is largely determined by foreign bureaucrats in Brussel. Sad but true.

In other words: EU is using the Turkish market to strengthen its position in trade negotiations with third countries but we have to pay the price. This is the reason why Turkey are trying to make its own deals with every nation that has a FTA with the EU. But some countries like Canada are refusing to even talk to us about this issue.

This table is outdated, though.

Besides, EU even has the power to veto our FTA with a third country. They used this power in the past to reject the Turkish-Bangladeshi FTA.

Mexico
http://www.reuters.com/article/us-mexico-turkey-trade-idUSKBN15I2QL

Pakistan
https://www.dawn.com/news/1343217
(Tekstilciler sagolsun)

Ukraine
https://www.ukrinform.net/rubric-ec...e-trade-agreement-with-ukraine-this-year.html

Thailand
http://www.hurriyetdailynews.com/tu...deal.aspx?pageID=238&nid=115703&NewsCatID=345

Israel
https://www.dailysabah.com/economy/2017/01/12/turkish-israeli-free-trade-agreement-to-be-expanded

And the by far most important one - Customs Union with EU:
http://www.hurriyetdailynews.com/up...ekci.aspx?pageID=238&nID=114569&NewsCatID=344

Germany threatens to block the renegotiation.

 

[xenon54 out]

Canada, South Africa and other nations which have a FTA with EU don't have to reduce tariffs on Turkish products. But we have to do what the Europeans decide in our name. Effectively, our trade policy is largely determined by foreign bureaucrats in Brussel. Sad but true.

Thats the part that i dont get we arent EU member so where does EU get the right to decide about the traifs between Canada and Turkey?

 

[KediKesenFare3]

Thats the part that i dont get we arent EU member so where does EU get the right to decide about the traifs between Canada and Turkey?

 

[Bismarck]

The Customs union from what i understand are making it extremly difficult to export to outside of the EU ? In fact the customs union is one of the primary reasons why turkey has such a huge deficit with countries outside the eu? Is that trrue or just a conspiracy?

That's absolutely wrong! China is our second biggest trade partner after USA.

 

[Glass]

That's absolutely wrong! China is our second biggest trade partner after USA.

imean from a turkish pov it seems to be true look what @KediKesenFare wrote

 

[Bismarck]

It's true. If EU signs a FTA with a third country like Canada, we have to open our domestic market for Canadian products as well even though Turkish products are not allowed to be exported to Canada without customs duty -> creating huge trade deficit

This is not an answer of @lllxi1998 question. In your case you are right, you must to sign a single contract (FTA) with Canada our EU must involve Turkey in his FTA contracts.

imean from a turkish pov it seems to be true look what @KediKesenFare wrote

He is right, but it is not an answer of your question. You can sign contracts with every country you want without any districting of EU costumer union.

Well, Russia tried it for year....nothing collapsed...Germany can try to if it wants.

You are not Russia. They can diversify and you not. Russia has a strong relation to China.You not. You are much depend on EU.

One thing the queen along with her subjects is scared to death in their liberal and global world is Syrians.

Now, Do you have any real and actual argumant to put forward or continue with 5 yo arrogant kid attitude?

No. We are not afraid of Syrians. As you see we can handle it and the Syrian crisis come to an end. For us.

Argument in which case? And who is that 5 years old kid? Our current government follows a neo liberal economic policy.

Stop flaming, this is not an economy thread.

It's depend on topic. So, everything is fine. Thanks for advice.

 

[KediKesenFare3]

He is right, but it is not an answer of your question. You can sign contracts with every country you want without any districting of EU costumer union.

EU already blocked our agreement with BD.

You are not Russia. They can diversify and you not. Russia has a strong relation to China.You not. You are much depend on EU.

Actually, you are wrong. In the 90's 2/3 of our export goods were sent to Europe. Today it's "only" between 43 and 50%. So, yes, Mr. Erdogan was successful in opening up new markets for Turkish companies but it's not enough.

 

[Glass]

I'm really eager to see what will happen next.

 

[-SINAN-]

You are much depend on EU.

Yeah, if there had been no EU, we would cease to exist....you give much credit to yourselves.