Türkiye Seeks Italy’s Support for Automotive Sector Integration in EU
Summary:
Trade Minister Omer Bolat has called on Italy to support Türkiye’s inclusion in the EU’s “Made in EU” framework for the automotive sector, highlighting the intertwined economic ties established over the past 30 years of the Customs Union.
Key Points:
- During a roundtable meeting in Rome with Italian officials and business leaders, Bolat emphasized the significance of Türkiye’s automotive sector being recognized alongside EU member states.
- Italian Deputy Prime Minister Antonio Tajani acknowledged the importance of discussing these issues within the EU and expressed Italy’s support for Türkiye.
- Bilateral trade between Türkiye and Italy has surpassed $30 billion, with aspirations to reach $40 billion in the near future.
- The Turkish minister noted that over 1,600 Italian companies operate in Türkiye, significantly contributing to employment and economic activities, while Turkish investments in Italy are notable in various sectors.
- Türkiye has maintained extensive efforts to deepen its economic relations with both Italy and the EU, arguing that Türkiye’s integration is beneficial for all parties involved.
Future Cooperation:
Bolat discussed ongoing opportunities for collaboration in various sectors, including defense, energy, and telecommunications, while affirming the importance of maintaining strong ties within the EU for economic stability and competitiveness.
