The latest session of the Joint Economic Commission between Hungary and Turkey convened in Ankara with a clear agenda: to invigorate bilateral trade and investment flows. Stakeholders from both nations underscored the mutual benefits of expanding cooperation in key sectors such as manufacturing, agriculture, and technology. Discussions highlighted the need to simplify customs procedures and enhance logistics connectivity, aiming to reduce trade barriers and increase the volume of goods exchanged annually.

Key focus areas included:

  • Facilitating cross-border e-commerce platforms
  • Promoting joint ventures in renewable energy projects
  • Encouraging SME collaborations through financial incentives
  • Improving transport infrastructure links, specifically rail and road
Sector Current Trade Volume (USD Billion) Target Growth…