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Will US-EU trade deal dissolve EU-Turkey customs union?

Turkey is questioning its participation in the EU Customs Union because a free trade agreement being negotiated between the European Union and the United States would open its markets to tariff-free US products while levies on Turkish exports to the United States would remain.
Renault cars produced in Turkey and awaiting export throughout Europe, are lined-up in front of ship containers in the port of Koper October 14, 2013. Automotive industry association ACEA said October 16, 2013, that new car registrations in Europe climbed 5.5 percent to 1.19 million vehicles in September, only the third month a gain was recorded in the past two years. But within the European Union, the level of demand was the second lowest on record for the month of September since it began tabulating resul

Turkey has reached a critical point in its participation in the EU Customs Union, driven by anxiety over the implications of the Transatlantic Trade and Investment Partnership (TTIP), a free-trade deal being negotiated by the European Union and the United States to integrate their markets, a total population of 800 million.

TTIP talks, which began in July 2013 and convened for a fifth round in May, are expected to be completed in late 2016 or early 2017. Once the agreement takes effect, customs barriers between the United States and EU countries will fall. The agreement will be unilaterally binding for Turkey because of the customs union deal it struck with the EU in 1996. In accordance, US products would be allowed onto the Turkish market free of tariffs, while levies on Turkish products sold to the United States would remain in place. Thus, not only would Turkey lose revenues from customs tariffs, it would also struggle to protect its economy and industry against an influx of tariff-free goods.

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