Turkish Trade Minister Bolat warns against ‘Made in EU’ exclusion
Turkish Trade Minister Ömer Bolat has issued a clear warning regarding Turkey’s potential exclusion from the planned “Made in EU” project. Bolat stated that such an exclusion could lead to significant negative consequences for industries in both Europe and Turkey, highlighting Turkey’s desire to maintain close economic ties with the European Union.
The Minister emphasised that Turkey’s inclusion is crucial for safeguarding the existing, integrated value chains between the two parties. These chains, developed over decades of economic cooperation, form a vital part of both the Turkish and European economies. Disrupting them would have wide-ranging consequences for production, trade, and employment.
For Turkish industry, which is deeply integrated into European supply networks, exclusion from the “Made in EU” labelling scheme could reduce competitiveness and create a more complex trade landscape. Bolat’s statements underscore a concern that fragmenting production and labelling could weaken the economic synergy, potentially leading to higher costs, inefficiency, and loss of market share for businesses currently benefiting from seamless integration.
This situation highlights the ongoing discussions about Turkey’s role in European economic cooperation and the importance of finding solutions that strengthen mutual benefits. The “Made in EU” project offers an opportunity to formalise and enhance these ties, provided Turkey is included in a way that recognises its industrial capacity and strategic importance.
Source: Bloomberght
