|
|
|
|
|
36
|
|
Newsletter04/30/13
Issue299 Vol.13 Number04
|
|
|
|
|
|
LATEST RESOURCES FOR INTERNATIONAL TRADE PROFESSIONALS
|
|
|
|
|
|
|
|
This issue is sponsored by:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OUR FEATURED COUNTRY: Turkey
|
Last month, the United States and the European Union began to prepare the ground for the start of negotiations to establish a Transatlantic Partnership for trade and investment. Ultimately, this agreement would create the largest integrated market in the world, bringing together half of the global GDP and 30% of the world trade. Turkey, which has been deeply integrated in the common European market since the establishment of a customs union in 1996, and has begun negotiations for its accession to the EU, is concerned about this situation. Indeed, the country would face the arrival of products that would enter the European market duty free, many of which are in direct competition with Turkish exports.
It is in this sense that the Turkish Prime Minister announced that he will meet with President Obama on May 15, to try to form a working group for the establishment of a free trade agreement with the United States. In 2012, the United States exported nearly 12.5 billion USD of goods (two times more than in 2007) and imported nearly 6.3 billion USD. The U.S. trade balance with Turkey therefore posted a net surplus of nearly 6.2 billion USD. Turkey has therefore become the 20th largest export market in the world for U.S. goods and the 10th if we only take into account the exports of agricultural products. Among the main products exported to Turkey, there are planes, iron and steel, petroleum, cotton yarn and fabrics. Among the main Turkish products imported by the United States, there are cars, machinery, stone, plaster and cement. The number of American companies investing in Turkey has more than doubled between 2007 and 2012, to reach 1,200. Indeed, many American companies see Turkey as a springboard to markets in Africa and the Middle East.
The signing of a free trade agreement with the United States would allow Turkey to offset the trade deficit that could arise from the signing of the Transatlantic Partnership for trade and investment.
|
|
|
> View our complete country profile for Turkey
> Browse 88 more country profiles
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
About Western Union® Business Solutions
|
|
Western Union Business Solutions enables companies of all sizes to send and receive cross-border payments and manage foreign exchange. With deep expertise in moving funds around the globe, access to over 135 currencies, and a global financial network spanning more than 200 countries and territories, we help companies spend less time managing international financial transactions and more time growing their businesses.
We have extensive experience working with clients in a variety of sectors, including import and export, wine and spirits, agriculture, mining, and non-profit. We also offer customized solutions for legal, financial and educational institutions.
Western Union Business Solutions is one of the world’s leading providers of cross-border business payments, and we operate through locally licensed affiliates in more than 30 countries.
|
|
For more information on how Western Union Business Solutions helps companies of all sizes to manage their international transactions, visit
www.business.westernunion.com |
|
|
|
|
|
|
|
Advertorial:
|
|
|
|
|
|
|
|
|
|
|
MARKET STUDIES
|
Turkey's natural gas market
This report dealing with the recent developments by the end of 2011, mainly analyzes the development of the regulatory framework, the new progresses in different segments of the sector, the rules governing the relations between market players and the encountered experiences in this framework.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TRADESHOWS & EVENTS
|
ISTANBUL FOOD-TECH 2013
8th Food and Beverage Technologies, Food Safety, Additives and Excipients Products, Cooling, Ventilation, Storage Systems and Logistic Fair will be held between the dates of September, 12-15 2013 at TÜYAP Fairs, Convention and Congress Center - Büyükçekmece, İstanbul, Turkey.
|
|
|
|
|
|
|
|
|
|
|
|
|
| Partner |
|
|
|
|
|
|
|
|
|
|
|
TRADE ISSUES
|
Business Opportunities from Turkey
Business Opportunities from Turkey has been designed to serve our firms in their efforts to find and contact buyers, distributors, agents or representatives abroad by announcing their requests/offers to target markets.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS DIRECTORIES AND TRADE INFORMATION
|
BusinessTurkiye.net
Directory of business resources and information for those looking to do business in Turkey.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FIND QUALIFIED SERVICE PROVIDERS
|
DAT- Consultancy
We are an internationally renowned debt collection company with a strong focus on the Turkish Market. Since our establishment back in 2007 we have fulfilled our pioneer role in the Turkish market by introducing this hitherto unkwown type of service in Turkey. Foreign creditors with debtors in Turkey do now have the opportunity to recover the debt without the intervention of any expensive lawyers and avoid lengthy legal proceedings.
|
|
|
|
|
|
|
|
|
Assisted by: The U.S. Commercial Service:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Please note that our newsletter comes from the e-mail address newsletter@fita.org.
If your organization uses spam filters, or if you use a junk e-mail filter, please
set it to receive e-mails from newsletter@fita.org or the domain fita.org.
|
|
|
|
|
|
|
|
|
|
|
|
