Turkey Lifts Trade Barriers with Syria to Enhance Bilateral Relations

Turkey has lifted trade and transit restrictions with Syria, initiating plans to boost trade relations after the end of Bashar al-Assad’s rule. This move aligns with Turkey’s efforts to assist in Syria’s reconstruction and renegotiate customs tariffs, aiming to enhance economic collaboration and possibly revive a free trade agreement suspended since 2011.

Turkey has officially lifted its trade and transit restrictions with Syria, as reported by the trade ministry. This decision marks a significant step towards enhancing bilateral trade following the fall of Bashar al-Assad’s regime. Goods exchanged between Turkey and Syria will now adhere to the same regulations applied to other countries, facilitating smoother trade operations.

The strained relationship between Ankara and Damascus, which worsened after the onset of the Syrian civil war in 2011, is beginning to mend as Turkey engages with the newly established Syrian administration. Following Assad’s departure last year, Turkey has committed to supporting Syria’s reconstruction efforts.

In addition to lifting restrictions, Turkey and Syria have started discussions regarding the reassessment of customs tariffs on specific products. The two nations plan to revisit a previously suspended free trade agreement that has not been in effect since 2011, signaling a deeper economic collaboration moving forward.

The lifting of trade restrictions between Turkey and Syria represents a pivotal shift in their bilateral relations. With the removal of previous trade barriers, both countries aim to explore new economic opportunities and engage in customs tariff negotiations. This development, alongside Turkey’s commitment to aid Syria’s reconstruction, may lead to stronger ties in the future.

Original Source: www.jpost.com