EconomyTürkiye Official institution

Trade Ministry discusses EU Industrial Acceleration Act draft with automotive sector

Trade Minister Ömer Bolat met with officials from TİM, OİB, OSD and TAYSAD to discuss the European Union's Industrial Acceleration Act draft. The meeting covered the ministry's contacts with EU institutions and member states and the current status of the draft. The ministry said it will continue working with the sector so that the Turkish automotive industry is fully included in the scope of the law with all its provisions.

What does it mean?

A draft industrial law being prepared by the European Union also concerns car manufacturers in Turkey. The Turkish side says it will keep working so that the sector fully falls within the scope of this law. This document is not a decision, but a meeting and a statement of intent.

Who is affected?

The Turkish automotive industry and the representative organizations of this sector