Turkey's inclusion in the EU's Industrial Acceleration Act is an important step for bilateral trade relations, Turkish Trade Minister Omer Bolat said.
The European Commission has presented a legislative proposal to strengthen Europe's industrial base by introducing 'Made in EU' and low-carbon requirements for strategic sectors.
The Industrial Acceleration Act (IAA) targets industries including steel, cement, aluminium, cars and net-zero technologies, while allowing for future expansion to energy-intensive sectors such as chemicals.
Omer Bolat said on social media platform X that recognising the existing customs union within the new industrial policy is a constructive solution for the continuity of investments and competitiveness of European value chains.
The confirmation of Turkey's inclusion in the "Made in the EU" criteria is an important step for trade relations, Bolat added.
The minister stressed that Turkey is an integral and reliable part of European value chains in many critical sectors, especially in the automotive industry.