Pursuit for strategic foreign trade market

With the end of the Cold war and dissolution of the Soviet Union caused the termination of the trade structure between Turkey and Soviet Union. After the Soviet Union era, the newly independent states- that are out of planned economy- in Eurasia region and the trade relations that are kept with central-ized management for many years started to be carried out with different states. This change affected trade relations that Turkey had with this region. Several unions were tried to be formed over the region for the past 20-year-period. However, because of several reasons, these unions failed. Nevertheless, EURASEC that was decided to be established in 2000, has become a constitution of customs union among 3 members. In 2012 a common market will be formed among these 3 countries that increase the economy by 2 trillion U.S. Dollars and trading volume by 1 billion U.S. Dollars. Therefore, this paper argues that EURASEC including especially Russia, Kazakhstan and Belarus common economic space would be a strategic foreign trade market for Turkey. Hence, this paper tries to analyze the goods specified trade opportunities of this market for Turkey's export potential. This paper is based on the historical analyze method and also the statistical goods specified foreign trade data of relevant countries.

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Economic Integration ,

Trade Forecasting ,

EURASEC ,