login
login
Image header Agence Europe
Europe Daily Bulletin No. 9367
THE DAY IN POLITICS / (eu) eu/turkey

EU sets criteria for opening accession talks on chapter on free movement of capital

Brussels, 15/02/2007 (Agence Europe) - On Wednesday, Coreper decided that Turkey is not sufficiently prepared for opening membership talks on the chapter relating to free movement of capital. Following screening of the acquis, member states consider it is not possible to envisage opening this chapter until it is agreed that the following benchmarks have been met: - 1) Turkey must present to the Commission a comprehensive strategy and action plan for the adoption of the acquis on capital movements and payments, including the removal of restrictions affecting foreign direct investment originating from the EU; - and 2) Turkey must submit to the Commission an action plan including milestones and deadlines setting out specific measures aimed at harmonising its anti-money laundering legislation with the acquis. On the other hand, the EU27 decided on Wednesday that Ankara is sufficiently prepared for opening negotiation on the financial control chapter. (hb)

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS