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Analysis: Bilateral Trade and Investments Between Turkey and Austria Decreased Slightly
According to the office of the Commercial Counsellor of the Turkish Embassy in Vienna, Austria is Turkey’s 34th largest goods export market with exports worth US$ 1 billion.
Bilateral Trade and Investment Decreased Slightly / Picture: © Turkish and Austrian crossed flags by Vindobona
Economic and Technical Cooperation Agreement (1954), Double Taxation Prevention Treatment (1970), Bilateral Investment Promotion and Protection Agreement(1998) and Mutual Agreement on the Formation of Joint Economic Commission (1996) constitute the legal framework of bilateral commercial and economic relations between Turkey and Austria.
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