Türkiye's Foreign Trade Applications

Abstract

Import and export customs rules and regulations are generally standardized and comparable in the majority of nations worldwide. This tendency is associated with the 1947 foundation of the GATT and the later development of the WTO, which has pushed to liberalize and ease international commerce. These initiatives have led to the expansion and integration of the global economy. This study aims to investigate the evolution of Türkiye's foreign trade policy through time and how the country has reacted to shifting global economic circumstances. The research will investigate the export and import agreements, product suggestions, and regulatory rules that have evolved through time to ease international commerce. Particular attention will be paid to the developments in Türkiye's trade policy from the 1970s to the current years when Türkiye started liberalizing its trade policy and adopting a more open and balanced approach. The research will also analyze Türkiye's attempts to diversify its trade partners and boost its competitiveness in international markets, as well as its efforts to align its laws and regulations with those of other nations. This study will examine how these initiatives have contributed to the economic growth and development of Türkiye throughout time.