What are Turkey's trade blocs?

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2026-03-15 22:20

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Turkey is a member of several trade blocs, notably the Customs Union with the European Union, which allows for tariff-free trade in industrial goods. Additionally, Turkey is part of the Economic Cooperation Organization (ECO) and the Organisation of Islamic Cooperation (OIC), which promote economic collaboration among member states. Furthermore, Turkey has signed free trade agreements with various countries and regions, enhancing its trade relationships globally. These trade arrangements aim to boost Turkey's economic growth and expand its market access.

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