AN APPLICATION ON THE EFFICIENCY OF CUSTOMS UNION: TURKEY-EU CUSTOMS UNION

ILHAN Güllü, NevşehirHacıBektaşVeli University

Abstract:
Today, countries are seeking to improve the conditions of free trade in their regions in order to get a greater share from international trade, and resort to economic integration. The application of customs union is one of the stages of the economic integration process, and the best example of this is the European Union (EU). Customs Union Agreement being applied between Turkey and the EU has led Turkey to the world's most secure market, however at the same time, has moved Turkey into a discussion area which has lasted since Turkey's candidacy to EU but which has expanded even more. The fact that all requirements of a customs union have not been met in the example of EU-Turkey decreases the efficiency of the said application and causes drawbacks on Turkish foreign trade. Therefore, the issue of applying the Customs Union Agreement signed in 1995 should be discussed again in line with the interests of the participants.

Keywords: costomsUnion, EU, integrations

JEL Classification: M30

Volume: 67, Issue: 6

Pages: 158 - 177

Publication date: December, 2015

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/67614ilhan.pdf

”Cite