Türkiye, Canada launch free trade talks

Türkiye and Canada have launched talks on a free trade agreement, Report informs.

The announcement was made in a joint statement issued after a meeting between Turkish President Recep Tayyip Erdoğan and Canadian Prime Minister Mark Carney on the sidelines of the NATO summit.

The two sides welcomed the start of negotiations on a modern and comprehensive free trade agreement that would benefit both countries.

"Türkiye and Canada are taking the next step in this process by formally announcing the launch of negotiations on a comprehensive, modern and mutually beneficial free trade agreement. Closer economic cooperation will support economic growth, help create new jobs, increase competitiveness, strengthen supply chains and help our businesses succeed in an increasingly dynamic global economy," the statement said.

The statement noted that in the coming months, technical delegations from Türkiye and Canada will carry out work to define the scope and objectives of the agreement and prepare for the first round of negotiations.