Trans-Pacific pact to facilitate world trade, boost Turkey's exports to region
The DEIK official said Turkey's trade with the European Union - which receives 52% share of the country's total exports today - experienced a boost following the Customs Union agreement that entered into force in 1996 and that the RCEP can provide a similar boost
The world’s largest free-trade bloc, which was recently formed between 15 Asia-Pacific economies, including China, is expected to boost post-pandemic global trade and cement Turkey’s role in the region by opening new export markets to the country, a business official said.