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France support the end of the Customs Union with Turkey


Written by Gérard Tur on Monday, November 9th 2020 à 17:33 | Read 265 times



France responds to Turkey's aggressions against it, including a boycott campaign. Photo FD
France responds to Turkey's aggressions against it, including a boycott campaign. Photo FD
FRANCE / TURKEY. According to Europe 1, the French government will propose to the European Council to abolish the customs union with Turkey in response to the attitude of its President concerning the respect of the territorial integrity of Greece and Cyprus, as well as the sending of arms and mercenaries to Syria and Libya.
 
Obtaining the agreement of the European Council will not be easy, but if France succeeds, the measure will have a strong impact on the Turkish economy, which is a major beneficiary of the absence of taxes with the EU.
 
According to Eurostat, from January to August 2020, the balance of trade between Europe and Turkey reached €5.7 billion in surplus, to the benefit of the latter. Turkish exports to the EU exceed €53.2 billion, compared to €47.5 billion for imports.

 



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