The Transatlantic Trade and Investment Partnership, or TTIP, is a major trade agreement currently being negotiated between the European Union (EU) and the United States to create a new transatlantic marketplace.
Turkey is concerned about the TTIP agreement, as it has no say in the ongoing negotiations, but has to abide by the terms and conditions of the agreement and open its markets due to its Customs Union agreements with the EU.
For all of these reasons WECTAC closely follow the TTIP negotiations and works. With our TTIP program and projects our wish is to provide information sessions on the on-going negotiation process but also to create a platform of discussion for a right balance between these 3 big markets that are interrelated. We believe that working that all stakeholders will be beneficial for a more global growing market.