EU-Turkey Trade Integration: Redefining the 'Made in EU' Policy Framework

The Ministry of Trade announced that during Bakan Bolat's working visit to Brussels on July 16-17, discussions were held regarding the broader framework of the EU's 'Made in EU' policy under the Industrial Acceleration Act proposal. Within this context, it was emphasized that Turkey's commercial integration with the EU is of strategic importance, and expectations were expressed for maintaining Turkey's equivalent position in the current draft.

Reinvigorating EU-TR Commercial Collaboration

■Bakan Bolat, in meetings with European Parliament International Trade Committee Vice President Iuliu Winkler and Shadow Rapporteur Dirk Gotink, highlighted the need to address the 'Made in EU' policy within a compatible approach framework.

■During dialogue with Commission member Maros Sefcovic, progress on steel safeguards and e-commerce was assessed, and concrete steps were agreed upon for priority issues on the bilateral trade agenda.

■Meetings with Economic Affairs Commissioner Valdis Dombrovskis and Expansion Commissioner Marta Kos focused on strengthening secure supply chains and deepening economic ties through new collaborative areas.

Critical Automotive Sector Alignment

■Discussions with ACEA Director General Sigrid de Vries underscored positive impacts of the 'Made in EU' policy on the Turkey-EU automotive ecosystem.

■Roundtable sessions with OİB, OSD, and TAYSAD representatives reaffirmed Turkey's role as an integral part of Europe's automotive infrastructure.

■Dialogue with BusinessEurope CEO Markus Beyrer explored how public procurement and digital trade advancements could enhance bilateral commercial relations.

Market stakeholders observe that the strategic collaboration between the EU and Turkey under the 'Made in EU' framework holds potential to influence long-term investment decisions, particularly in automotive and supply chain sectors. Such policies may present critical opportunities for investors seeking cost-effective production advantages.