The EU-Turkey Customs Union and trade relations: what options for the future?

15-07-2021 - 11:28 INTA
Two trucks crossing each other, one with Turkish flag, the other with EU flag Two trucks crossing each other, one with Turkish flag, the other with EU flag
The EU-Turkey Customs Union and trade relations: what options for the future? © Image used under the license of Adobe Stock

This in-depth analysis summarizes the main effects of the Customs Union (CU) on EU-Turkey trade and the economic situation in Turkey. Against the background of the recent development of EU-Turkey relations, the authors assess the impact of four different options for developing EU-Turkey economic and trade relations, describe the options, the challenges the EU-Turkey Customs Union faces and seek solutions for these issues.