Turkey has lifted trade and transit restrictions on Syria to promote economic relations post-Assad. Transactions between the two nations will now follow the same regulations as with other countries, and negotiations for a free trade agreement are underway. This move signifies Turkey’s renewed commitment to assisting Syria’s recovery.
Turkey has announced the removal of trade and transit restrictions at its border with Syria, as reported by the trade ministry on Tuesday. This development aims to enhance bilateral trade following the recent political changes in Syria after the ouster of President Bashar al-Assad. Goods exchanged via the border will now be treated similarly to transactions with other nations.
Since the onset of the Syrian civil war in 2011, Turkey had severed its relations with the Syrian government. However, with the fall of Assad’s regime last year, Turkey has sought to strengthen its ties with the new Syrian administration, pledging support for the country’s reconstruction efforts.
There are plans to reevaluate customs tariffs on specific products between Turkey and Syria. Additionally, both nations are set to enter negotiations to revive a free trade agreement that has been inactive since 2011. This approach reflects Turkey’s commitment to fostering economic cooperation and development in the region.
In summary, Turkey has lifted trade restrictions with Syria to strengthen diplomatic and economic ties following the recent regime change. The shift from restrictive measures to more cooperative frameworks includes discussions on customs tariffs and the potential reinstatement of a suspended free trade agreement. This marks a significant step towards enhancing trade relations and supporting Syria’s reconstruction.
Original Source: www.jpost.com
