Regional Office for Capacity Building for the World Customs Organization Europe Region

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Turkey and Sweden on May 5 agreed to boost bilateral trade and investment.

During the first Turkish-Sweden Joint Economic and Trade Committee (JETCO) meeting, held online, top officials from both countries spoke on bilateral commercial ties and relations with the EU, in particular updating the Turkey-EU Customs Union as well as the EU's Green Deal.

Also discussed at the meeting were the effects of the pandemic, mutual investments and contracting services, and cooperation in third countries and joint projects.

The two countries set a goal to boost the bilateral trade volume to $5 billion in a balanced way.