On Wednesday 21 December, the European Commission officially called on the Council of the EU to grant it a mandate for negotiating with the Turkish authorities an update of the customs union that has linked the EU and Turkey since 1996.
The Commission is of the opinion that a customs union better reflecting the current stakes would provide substantial benefits to both trade partners. In 20 years, the volume of bilateral trade in goods has quadrupled to stand at €140 billion every year. ...