Question

What is the customs union agreement with Turkey ?
summarized

Answer 1

Without prejudice to WTO provisions, the Turkey-EU Customs Union constitutes the major legal basis of Turkey’s free trade agreements (FTA). Under the Customs Union, Turkey aligns its commercial policy with the EU’s Common Commercial Policy. This alignment concerns both autonomous regimes and preferential agreements with third countries.

Answer 2

Turkey's membership of the customs union is recognised as having played a significant part in its economy's transition from agrarian to industrial. As Turkey is in a customs union with the EU, it has to adjust its tariffs and duties to match those of the EU.