Ukraine: agreement on full liberalization of motor transportation services reached with Turkey

As part of a Free Trade Area (FTA) Agreement, Ukraine and Turkey have agreed on the full liberalization of motor transportation services. “Within the framework of the FTA Agreement, a historic agreement on the full liberalization of road transportation services has been reached. Restrictions on Ukrainian motor carriers on the Turkish market will be lifted…

Ukraine: FTA with Turkey to promote economic growth

President of Ukraine Volodymyr Zelensky and President of Ukraine Recep Tayyip Erdogan in a phone conversation have discussed issues related to the conclusion of a free trade agreement between the two countries. “Ukraine-Turkey partnership is deepening. It’s already strengthening the armed forces of our countries. The expected FTA will also contribute to economic growth. Talked…

Turkey: Bunge increasing assets

Bunge Company intends to increase its presence in Turkey’s vegoils market, having bought shares of the producing company called Ana Gida Ihtiyac Maddeleri ve Sanayi Ticaret. 55.25% of the shares will be bought out from Ana Gida, and the remainder – 44.75% – from Seef Foods. As of today, Ana Gida owns the Komili trademark,…

Turkey: TANAP construction 55% complete

The construction work as part of the Trans Anatolian Natural Gas Pipeline Project (TANAP) is 55% complete, Saltuk Duzyol, head of TANAP consortium, reported. He pointed out that to date, 19 underground passages have been built as part of the project. Furthermore, the consortium head noted that the cost of TANAP project had decreased. “When…