Turkey Lifts Trade Restrictions With Syria to Enhance Bilateral Trade

Turkey has lifted trade and transit restrictions with Syria, enabling goods to move freely between the two countries as conditions now align with standard international practices. This change follows the recent fall of Bashar al-Assad, prompting Turkey to strengthen relations with Syria’s new government and discuss a renewed free trade agreement.

Turkey has officially lifted its trade and transit restrictions on Syria at their border, according to statements from the Turkish trade ministry on Tuesday. This decision marks a significant move towards enhancing bilateral trade following the recent change in Syria’s leadership after the ousting of President Bashar al-Assad. Now, goods traded between Turkey and Syria will be treated under the same regulations that govern transactions with other nations.

Since the Syrian civil war began in 2011, Turkey had severed connections with Damascus. However, with the new Syrian administration now in power, Turkey is intensifying its engagement and has committed to aiding in Syria’s reconstruction efforts. The two nations are set to review customs tariffs for various products and engage in discussions to reinstate a free trade agreement that was halted in 2011.

In summary, Turkey’s recent decision to remove trade restrictions with Syria signifies a strategic shift in foreign policy, aiming to foster economic ties in the wake of a new Syrian administration. This collaboration is expected to facilitate improved trade relations, lower tariffs, and ultimately, support Syria’s rebuilding process after years of conflict.

Original Source: www.jpost.com

About Allegra Nguyen

Allegra Nguyen is an accomplished journalist with over a decade of experience reporting for leading news outlets. She began her career covering local politics and quickly expanded her expertise to international affairs. Allegra has a keen eye for investigative reporting and has received numerous accolades for her dedication to uncovering the truth. With a master's degree in Journalism from Columbia University, she blends rigorous research with compelling storytelling to engage her audience.

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