Turkey-Maldives Trade Agreement Enters Force
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Insights by Echo AI
Turkey's Minister of Trade Ömer Bolat announced that the Preferential Trade Agreement between Turkey and the Maldives has come into effect. This agreement will provide Turkish exporters tariff advantages in 404 products, ranging from iron and steel to electronics, furniture, plastics, cosmetics, and food industry products. Meanwhile, 293 tariff lines in the Maldives have been exempted from customs duties. Bolat stated that this agreement strengthens Turkey's trade diplomacy and diversifies its exports.
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