Turkey, Syria, Jordan, Lebanon on first step to set up Mideast's 'EU'

First step to establish a free trade zone among Turkey, Syria, Jordan and Lebanon was made on Sunday.

Turkey, Syria, Jordan, Lebanon on first step to set up Mideast's 'EU'

First step to establish a free trade zone among Turkey, Syria, Jordan and Lebanon was made on Sunday.

Foreign ministers of Turkey, Syria, Jordan and Lebanon decided in a meeting on June 10, 2010 to set up "high-level quartet cooperation council" to strengthen the existing cooperation, develop long-term strategic partnership and solidarity, and further improve the economic integration. They also decided to establish a zone among the four countries where there is free movement of products and people.

In line with the targets in question, a four-way meeting took place in Istanbul on Saturday. Turkish State Minister Zafer Caglayan hosted the meeting which was attended by Syrian Economy and Trade Minister Lamia Assi, Jordanian Minister of Industry & Trade Amir al-Hadidi and Lebanese Economy and Trade Minister Mohammad Safadi. The participants decided to establish "Close Neighbors Economic and Trade Partnership Council (CNETAC)".

Caglayan released a written statement on the issue and said, "the attending countries discussed alternatives towards the target to form an economic integration among Turkey, Jordan, Lebanon and Syria."

Caglayan said, "we have agreed to hold CNETAC ministerial meeting in Syrian capital city of Damascus in December. We also decided to establish a committee comprising of the authorized representatives of related countries to sketch a road map and to determine priorities regarding areas of cooperation. This committee will have its first meeting in September in Amman".


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Last Mod: 01 Ağustos 2010, 15:22
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