Thanks to the existing preferential regime organized under the FTA, total trade amounted to .5 billion in 2005 with EFTA countries, with .2 billion in exports and .3 billion in imports.
In this way, Turkey's vision of high value-added and medium-high technology production and exports has been put forward, and a strong system has been established between EFTA states and Turkey in terms of mutual protection and continuity of innovations.
Within this framework, regulations beyond the WTO rules were adopted in fields such as patent trademark and the protection of geographical indications.
Total foreign trade at $6.5BThe Turkey-EFTA FTA, which was signed in Geneva on Dec.
10, 1991, and entered into force on April 1, 1992, was the first FTA concluded by Turkey.
The Annex on Trade Facilitation, which facilitates customs transactions and operations, has become part of the agreement.