Abstract

HE Trade Policy Review: Turkey 2003, the third of its kind, provides a comprehensive survey of trade policy developments and practices in Turkey. This paper discusses besides the principal issues highlighted in the report, an issue that has largely been neglected in Trade Policy Reviews. It is the sustainability of current account. Section 2 describes the main developments in Turkey’s trade regime and trade performance, and Section 3 examines the trade policy under the headings of measures affecting imports, exports and foreign direct investment. Section 4 is on liberalisation of services, and Section 5 on sustainability of current account. The final section offers conclusions.

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