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ARTICLE · 07 APRIL 2021

Turkey Publishes Economic Reforms Action Plan

On March 23, 2021, the Ministry of Treasury and Finance published the Economic Reforms Action Plan ("Plan").

TurkeyInternational Law

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Recent Developments

On March 23, 2021, the Ministry of Treasury and Finance published the Economic Reforms Action Plan ("Plan"). The Plan contains a number of action plans concerning various fields, including domestic trade and market surveillance and inspection, which will be implemented by the end of March 2023.

What's New?

Facilitation of Domestic Trade

According to the Plan, the Ministry of Trade will enact new laws to eliminate unfair commercial practices in retail trade and to implement a fair and better functioning system until the end of 2021. When establishing the system, the Ministry of Trade will refer to the relevant regulations of the European Union (EU).

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