Türkiye, Syria set sights on $10B bilateral trade volume

Yenişafak English AA
14:04, 22/07/2026, WednesdayU: Update: 14:07, 22/07/2026, Wednesday
AA
Türkiye, Syria set sights on $10B bilateral trade volume
AA
Turkish Trade Minister Ömer Bolat

Trade Minister Ömer Bolat said Türkiye and Syria aim to boost bilateral trade to $10 billion, building on a record $3.7 billion volume achieved this year, with both sides reviewing customs duties and accelerating cooperation at border crossings to mobilize commercial potential.

Turkish Trade Minister Ömer Bolat announced on Wednesday that Türkiye and Syria are working to increase bilateral trade volume to $10 billion, building on a historic peak of $3.7 billion reached this year. The target follows high-level talks in Ankara focused on customs cooperation and border facilitation between the neighboring economies.

Customs coordination in focus

Bolat held discussions with Qutayba Badawi, head of the Syrian Customs and Border Crossings Authority, on the margins of the Syria Free Trade and Industrial Zones and Investment Forum at the Trade Ministry. The minister outlined expectations for a comprehensive review of customs duties, accelerated Joint Customs Committee processes, and strengthened cooperation at border gates to streamline commercial flows, according to his statement on the Turkish social media platform NSosyal.

Border regions to anchor expansion

Türkiye aims to mobilize the full commercial potential along its southern frontier, particularly in the Gaziantep and Aleppo corridor, which has historically served as a vital trade artery between the two nations. The focus on these border zones reflects the determination to restore pre-conflict trade levels and infrastructure connectivity.

Regional stability through trade

Officials emphasized that expanding economic integration forms the strongest foundation for lasting peace, stability, and social welfare across the region. Both governments remain committed to close contact and joint efforts to achieve the $10 billion target set by their presidents, reinforcing diplomatic normalization through concrete commercial partnerships.

Page End
Turkey's Accumulation. International Media Group.

Welcome to the news source that sets Turkey's agenda! With its impartial, dynamic, and in-depth journalism, Yeni Şafak offers its readers an experience beyond current events. Get instant updates on what's happening in Turkey and worldwide, with news spanning a wide range from politics and economy to culture, arts, and sports. Access the most accurate information anytime, anywhere with its digital platforms; keep up with the agenda with Yeni Şafak!

Follow us on social media.
Download Mobile Apps

Carry the agenda in your pocket! With Yeni Şafak's mobile apps, get instant access to the latest news. A wide range of content, from politics to economy, sports to culture and arts, is at your fingertips! Easily download it on your iOS, Android, and Huawei devices to quickly access the most accurate information anytime, anywhere. Download now, don't miss out on developments around the world!

Categories
Albayrak Media

Maltepe Mah. Fetih Cad. No:6 34010 Zeytinburnu/İstanbul, Türkiyeiletisim@yenisafak.com+90 212 467 6515

LEGAL DISCLAIMER

The BIST name and logo are protected under a 'Protection Trademark Certificate' and cannot be used, quoted, or modified without permission. All information disclosed under the BIST name is fully copyrighted by BIST and may not be republished. Market data is provided by iDealdata Financial Technologies Inc. BIST stock data is delayed by 15 minutes.

© Net Medya, All right reserved. 2026