Türkİye, Politics, World, Economy, archive

Pros and cons of Customs Union obvious

Turkish energy minister stated advantages and disadvantages of free trade and Customs Union agreements were overt for Turkey

12.04.2013 - Update : 12.04.2013
Pros and cons of Customs Union obvious

ANKARA (AA) - Turkish Minister of Energy and Natural Resources Taner Yildiz on Friday quoted the words of Turkish Minister of Economy Zafer Caglayan and said, "The advantages and disadvantages of the free trade and Customs Union agreements are overt."

Yildiz answered the questions of the press following the Turkish-German Energy Forum he attended with German Federal Minister of Economics and Technology Philipp Rosler in Ankara.

Upon being asked of his opinion in regards to Caglayan's statements of Customs Union, Yildiz said, "It is impossible not to agree with Mr. Caglayan. The advantages and disadvantages of the free Trade and Customs Union agreements are overt. Economies are global in the EU however, policies are national. The structure stuck in between them is trying to find a solution. And this is a hard term and process for the EU."

Yildiz stated that Germany wasn't any country from the perspective of Turkey and significant cooperation between Germany and Turkey were to develop in private sector. 

Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.