The Free Trade Agreement (FTA) between the Republic of Turkey and the Republic of Moldova was signed on 11 September 2014 in Chisinau and entered into force on 1 November 2016.
In addition to eliminating tariffs and non-tariff barriers, the FTA also regulates numerous subjects such as sanitary and phytosanitary measures, intellectual property, rules of origin, internal taxation, anti-dumping and countervailing measures, safeguards, and balance of payments measures.
In line with the FTA, for industrial goods, Turkey eliminated the customs upon the entry into force of this Agreement. Similarly, Moldova eliminated customs duties upon the entry into force, except for the goods listed in Annex II which allowed gradual elimination of customs duties until 1 November 2020.
Concerning agricultural products, the Parties exchanged mutual concessions for certain products in the form of tariff quotas or on unlimited basis subject to MFN duty reduction or exemption. Reciprocal concession lists for agricultural products are laid down in Annex III of the Agreement.
The products which will benefit from the preferential tariffs should fulfill the rules of origin set out in Annex I of the Agreement.