Free Trade Agreement between Turkiye and the States of the European Free Trade Association
The first free trade agreement between Turkiye and the European Free Trade Association States ("EFTA"), involving Iceland, Liechtenstein, Norway and Switzerland came into force in 1 Apr 1992 and modernised on 1 Oct 2021.
It covers most industrial products across HS sectors 25 through 97 including most energy products and its constituents including but not limited to:
- Electric motors, turbines and generators;
- Mechanical equipment including pumps, appliances, and other advanced machinery;
- Electric accumulators, transformers, capacitors, batteries;
- Motor vehicles;
- Mineral ore, slag and ash;
- Mineral fuels, oils and other products;
- Metals and their articles e.g. iron and steel;
- Semiconductors devices and photovoltaic cells;
The rules of origin under this agreement fall under the Regional Convention on Pan-Euro-Mediterranean rules of origin. As such, accumulation of materials originating in the EFTA States, Turkey and the other “Pan-Euro-Med” member countries once the respective agreements are in placed is allowed.
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