DIRECTORATE-GENERAL FOR EXTERNAL POLICIES POLICY DEPARTMENT WORKSHOP Bringing EU-Turkey trade and investment relations up to date? ABSTRACT The case is made that the EU-Turkey CU of 1995 covering industrial goods should be modernised and modified to take into account the various and growing criticisms of the original CU. Furthermore, economic integration between the EU and Turkey should be strengthened by signing a complementary deep integration regional trade agreement (RTA) between the EU and Turkey, covering agriculture, SPS measures, services, government procurement, investment, and dispute settlement. For Turkey, the objective would be to achieve comprehensive liberalisation, while for the EU this is an ideal opportunity to harness the economic and political potential of deeper integration with Turkey, in line with its wider trade and investment policy. EP/EXPO/B/INTA/FWC/2013-08/Lot7/19 EN May 2016 - PE 535.014 © European Union, 2016 Policy Department, Directorate-General for External Policies This paper was requested by the European Parliament's Committee on International Trade. English-language manuscript was completed on 19 May 2016. Printed in Belgium. Authors: Dr Kamala DAWAR, Lecturer in commercial and trade law, University of Sussex, UK Dr Sübidey TOGAN, Professor of Economics and Director of Center for International Economics, Bilkent University, Ankara, Turkey Official Responsible: Susana MENDONÇA. Editorial Assistant: Elina STERGATOU and Györgyi MÁCSAI. Feedback of all kind is welcome. Please write to:
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[email protected] This paper will be published on the European Parliament's online database, 'Think tank'.