Turkey, Syria Agree on Trade Collaboration and Tariff Reevaluation

Turkey and Syria have agreed to reevaluate customs tariffs following a significant increase in duties that negatively impacted Turkish exporters. A delegation from Turkey's Trade Ministry met with Syrian officials to discuss enhancing economic ties, resulting in a roadmap that includes negotiations to reinstate the suspended Turkey-Syria Free Trade Agreement and improve cooperation in various sectors. The discussions also emphasized the importance of Turkish companies in Syria's reconstruction and the need for efficient management of border traffic. The new Syrian administration, formed after the ousting of President Bashar Al-Assad, aims to unify customs rates across borders, which had sparked protests and logistical challenges for Turkish exporters. The roadmap outlines measures for expanded operations of Turkish firms across Syria and collaboration in key trade sectors. This renewed dialogue marks a crucial step toward rebuilding economic relations between the two nations.