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Turkey and Canada to Begin Free Trade Agreement Negotiations by Year-End, Announces Erdogan

Ankara:Turkish President Recep Tayyip Erdogan announced plans to initiate discussions for a free trade agreement with Canada, alongside new collaborative efforts in energy, trade, transportation, and the defense industry, aimed at enhancing bilateral relations.

According to Anadolu Agency – English, Erdogan expressed the goal of increasing the current trade volume between Turkey and Canada from approximately $3 billion to $5 billion initially, with a further aim of reaching $10 billion. This was stated during a joint press conference with Canadian Prime Minister Mark Carney in Ankara.

The President highlighted that both nations have agreed to commence negotiations for the free trade agreement before the year concludes, which is expected to boost trade and investment. Erdogan emphasized that elevating the relationship between Turkey and Canada to a strategic partnership would be more than just a symbolic gesture.

President Erdogan remarked on overcoming the longstanding disconnect between the two countries, marking the beginning of a new era. He also mentioned plans to visit Canada, during which he intends to bring together business leaders from both nations to foster further collaboration.

Additionally, Erdogan acknowledged Canada's sanctions against illegal Israeli settlements, describing them as appropriate measures to deter Tel Aviv's violations. On a broader international scope, he expressed hope for diplomatic efforts leading to lasting peace in Ukraine and the Gulf region.