By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Turkey Daily NewsTurkey Daily NewsTurkey Daily News
Notification Show More
Font ResizerAa
  • Home
  • Turkey
  • Economy
  • Real Estate
  • Travel
  • Living
  • Culture
  • Health
  • Business
  • Guides
Reading: Türkiye and Canada launch strategic partnership, set $10 billion trade goal and free trade talks
Share
Font ResizerAa
Turkey Daily NewsTurkey Daily News
  • Turkey
  • Economy
  • Real Estate
  • Travel
  • Living
  • Culture
  • Health
  • Business
Search
  • Home
  • Turkey
  • Economy
  • Real Estate
  • Travel
  • Living
  • Culture
  • Health
  • Business
  • Guides
Have an existing account? Sign In
Follow US
Türkiye and Canada launch strategic partnership, set $10 billion trade goal and free trade talks
Turkey

Türkiye and Canada launch strategic partnership, set $10 billion trade goal and free trade talks

Doğan Varlı
Last updated: October 22, 2026 5:27 pm
Doğan Varlı
Published: October 22, 2026
Share
Photo: Thomas George / Unsplash License
SHARE

Türkiye and Canada have raised their relationship to a "strategic partnership" and adopted a three-year action plan. They also signed a defence industry memorandum and agreed to start free trade talks before the end of 2026, President Recep Tayyip Erdoğan said after meeting Canadian Prime Minister Mark Carney in Ankara on Thursday.

Contents
  • Trade target and free trade talks
  • Defence, energy and flights
  • What it means for travellers
    • Sources

The two leaders spoke at a joint press conference at the Beştepe presidential complex after Carney was welcomed with an official ceremony. The visit is the first bilateral visit by a Canadian head of government to Türkiye.

Trade target and free trade talks

Erdoğan put bilateral trade at about $3 billion a year. He said the aim is to lift it to $5 billion first and then to $10 billion. According to Anadolu Agency, he said the sides had decided to begin negotiations on a Free Trade Agreement (FTA) "before the end of the year".

A joint statement published by the Canadian prime minister’s office says the partnership rests on four pillars: trade and investment, energy and climate, defence and security, and government dialogue and people-to-people ties. Foreign ministers will oversee the action plan. The statement commits both sides to work towards concluding an FTA but gives no deadline for the talks.

The Joint Economic and Trade Committee, the two governments’ main economic forum, will meet every year. Türkiye will host the next session in 2027 with private-sector participation, Hürriyet reported. Erdoğan said he would visit Canada with business leaders, and the joint statement says he accepted an invitation to do so at a mutually convenient time.

Defence, energy and flights

A Defence Sector Partnerships memorandum of understanding was concluded between Global Affairs Canada and Türkiye’s Secretariat of Defence Industries (SSB). It is meant to bring Canadian and Turkish defence companies together. The two energy ministers also agreed a joint statement on energy cooperation. It covers liquefied natural gas (LNG), civil nuclear power, renewables and critical minerals.

Erdoğan said an updated Air Transport Agreement would roughly double the number of direct flights between the two countries. The Canadian statement says both sides will ratify the agreement but gives no date. A memorandum between Türk Eximbank and Canada’s export credit agency on joint projects in third countries is due to be signed on Friday, according to Hürriyet.

Carney called Türkiye an "exceptional partner". He pointed to its armed forces, the second largest in NATO, and its fast-growing defence industry. On climate, he said Canada would be a reliable partner during Türkiye’s presidency of the COP31 UN climate summit. The summit is due in Antalya on Nov. 9-20.

What it means for travellers

The joint statement also commits both sides to strengthen consular and migration cooperation and to "explore measures to facilitate travel and mobility". No concrete visa changes were announced.

The visit comes as Turkish manufacturers look for new export markets. Recent examples include rail wagons for Tanzania and electric-car production at Hyundai’s İzmit plant.

Sources

  • Cumhurbaşkanı Erdoğan: Kanada ile ticaret hacmimizi 10 milyar dolara çıkarmayı temenni ediyoruz (AA)
  • Kanada Başbakanı Ankara’da… Cumhurbaşkanı Erdoğan: İlişkilerimizi stratejik ortaklığa yükseltiyoruz (Hürriyet)
  • Statement by Prime Minister Carney and President Recep Tayyip Erdoğan (Prime Minister of Canada)

Photo: Thomas George / Unsplash License, via Unsplash

Drone-damaged tanker Banda runs aground off Istanbul’s Sarıyer in heavy weather
Turkish court acquits 44 of 45 defendants over 2025 Saraçhane protests in Istanbul
Halki Seminary prepares for possible ceremony as reopening talks continue
Libya’s Eastern-Based Parliament Approves 2019 Maritime Deal With Türkiye
Death toll rises to five after partial building collapse in Istanbul’s Maltepe
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Newsletter

The week's top stories from Türkiye, every Monday. Free, unsubscribe anytime.

Thanks! Please check your inbox (or spam folder) to confirm your subscription.

Today in Türkiye
Lira exchange rates
Loading…
Weather now
Loading…
Indicative rates, updated daily (ExchangeRate-API). Weather: Open-Meteo.
Popular News
Fund liquidation: SPK says completed trades are safe as payouts reach 49.7 billion lira
Economy

Fund liquidation: SPK says completed trades are safe as payouts reach 49.7 billion lira

Doğan Varlı
Doğan Varlı
October 22, 2026
Sunny weekend for Antalya and Muğla before heavy rain returns to south coast next week
Canada’s Carney in Ankara on first bilateral visit by a Canadian prime minister
Mortgage rates near 2.7-2.8% a month after rate cut; expert says buyers need more support
Tourism added $170 billion to Türkiye’s economy in 2025, WTTC ranks it 14th
- Advertisement -
Find your home in Turkey with VarturFind your home in Turkey with Vartur

Confirmed

0

Death

0

Categories

  • Turkey
  • Economy
  • Business
  • Real Estate
  • Travel
  • Living
  • Culture
  • Health

About US

Turkey Daily News brings you news, analysis and practical guides from Turkey in English: economy, real estate, travel and everyday life.
Quick Link
  • Contact Us
  • My Bookmarks
  • All News
  • About Us
  • Editorial Policy
  • Terms of Use
  • Corrections Policy
  • Privacy Policy
  • 📲 Get the app
Top Categories
  • Contact Us
  • My Bookmarks
  • All News
  • About Us
  • Editorial Policy
  • Terms of Use
  • Corrections Policy
  • Privacy Policy
  • 📲 Get the app

Get in Touch

News tips and corrections: [email protected]

Turkey Daily NewsTurkey Daily News
📲 Get Turkey Daily News on your iPhone
Tap Share (or ••• then Share), choose Add to Home Screen, then open TDN from your home screen to turn on breaking-news alerts.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?