Ottawa/IBNS-CMEDIA: Canada and Türkiye have agreed to begin exploratory discussions on a potential free trade agreement (FTA), marking a significant step in efforts to deepen trade, investment and economic cooperation between the two countries.
The announcement followed a meeting between Canada’s Minister of International Trade, Maninder Sidhu, and Türkiye’s trade minister, who reaffirmed their commitment to expanding bilateral economic ties, according to a joint statement released on Sunday.
The move builds on recent discussions between Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan, with both governments seeking to unlock what they described as the full potential of the commercial relationship.
The ministers also welcomed the recent expansion of the air transport agreement between the two countries, saying improved connectivity would support business activity, tourism and exports.
Beyond trade, the two sides identified energy as a key area for future cooperation.
The statement said Canada and Türkiye would explore opportunities in renewable energy and nuclear power, including the potential use of Canadian CANDU reactor technology as Türkiye seeks to diversify its energy mix.
The ministers also discussed expanding collaboration in aerospace, defence and security-related industries, citing opportunities for investment, technology development and industrial partnerships.
Both sides agreed to exchange official visits in the coming months to maintain momentum and identify additional areas of cooperation.
Canada and Türkiye said they would continue working together to strengthen trade, attract investment and deepen economic engagement for the benefit of both countries.
(Reporting by Suman Das)
