Related Keywords: Bilateral free trade agreement, clothing and carpets, Japan and Turkey, strengthen economic cooperation, textile products, Turkey exports
First round of negotiations for a bilateral free trade agreement between Japan and Turkey started on Monday with the aim to further strengthen their economic cooperation.
Japan wants to quickly seal an agreement with Turkey after the country signed a free trade deal with South Korea last year that could undermine Japan’s competitiveness in exports.
The meeting, to be held over two days in Tokyo, follows an agreement reached in January between Prime Minister Shinzo Abe and then-Prime Minister Recep Tayyip Erdogan, now Turkey’s president, to launch FTA negotiations this year.
