THE EFFECT OF FREE TRADE AGREEMENTS SIGNED BETWEEN TURKEY AND AFRICAN COUNTRIES IN THE 2000'S ON ECONOMIC GROWTH

The Effect Of Free Trade Agreements Signed Between Turkey And African Countries On Economic Growth In The 2000s

Abstract

With the decision of the Association Council, which provides a customs union between the EU and Turkey, Turkey has the obligation to comply with the EU Common Commercial Policy. Accordingly, Turkey signs preferential trade agreements with the EU, taking into account the benefits of both parties. While Turkey contributes to the country's economy by signing FTAs ​​that increase its foreign trade volume, the agreements it does not sign bring about unfair competition. In addition to the agreements, customs privileges applied in third countries cause deviations in trade by entering our country duty-free. Our country pursued a multilateral policy with the change in its foreign policy in the 2000s. In this case, its relations with the Middle East and Africa have become important over the years. In this study, how the relationship between our country and African countries progressed and how it affected the growth in our country was examined. As a result of the study, it was concluded that the agreements made between Turkey and African countries played an important role in the economic growth and development of the country by contributing significantly to the import-export of the two countries.