Türkiye-Ukraine free trade pact takes effect, aims for $10B in bilateral business
The deal seeks to boost bilateral trade to $10 billion while expanding cooperation in goods, services, investment and e-commerce.
Türkiye-Ukraine free trade pact takes effect, aims for $10B in bilateral business
Erdogan meets Zelenskiy at the Turkevi Center, on the sidelines of the 81st session of the UN General Assembly, in New York, September 23 2026.
The free trade agreement between Türkiye and Ukraine came into force to establish a predictable framework and boost the bilateral trade volume to $10 billion in the short term.
The Turkish trade ministry announced on Thursday via the Turkish social media platform NSosyal that the Türkiye-Ukraine Free Trade Agreement entered into force on October 1, 2026.
Türkiye and Ukraine aim to develop commercial relations within a more predictable framework.
Customs duty regulations regarding the trade of goods will take effect on January 1 2027.
The agreement aims to contribute to maintaining trade between the two countries under more predictable rules in current conditions.
