Turkey Lifts Trade Restrictions with Syria to Enhance Economic Ties
Turkey has lifted restrictions on trade and transit with Syria, allowing goods to be treated like those from other countries. This change follows the fall of Bashar al-Assad and aims to strengthen bilateral relations through customs tariff reevaluation and revival of a free trade agreement. Turkey seeks to aid the rebuilding of Syria’s new administration.
Turkey has announced the removal of trade and transit restrictions on Syria, a significant development following the recent political shifts in the region. This decision allows goods crossing the border between the two nations to be subject to the same regulations as those involving other countries. This move marks a departure from the previous stance that Turkey held after severing ties with Syria due to the civil war that began in 2011.
With the fall of former President Bashar al-Assad last year, Turkey has increased its interactions with the new Syrian administration. The two countries are also engaged in discussions to reassess customs tariffs on specific products. Additionally, negotiations are underway to revive a free trade agreement that had been suspended in 2011, showcasing an intent to enhance bilateral relations and economic collaboration.
The lifting of trade and transit restrictions between Turkey and Syria signifies a pivotal step towards normalizing relations after years of conflict. With a renewed focus on trade agreements and customs cooperation, both nations aim to strengthen economic ties and facilitate reconstruction efforts in Syria. This development underscores the evolving political landscape in the region.
Original Source: www.jpost.com
