International Trade Relations of Turkey and South Africa: A Historical Perspective

South Africa attracted the attention of the world with its rich natural resources such as gold and diamonds, followed a closed foreign trade policy until the end of the apartheid period in the 1990s. With the transition to democracy, South Africa launched a forward-looking and comprehensive economic...

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Bibliographic Details
Published inJournal of international trade logistics and law Vol. 7; no. 1; pp. 130 - 138
Main Authors Bisharo Ali Mohamud, Koksal, Cihat
Format Journal Article
LanguageEnglish
Published Istanbul Istanbul Commerce Üniversity, Faculty of Social Sciences 01.06.2021
Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)
Subjects
africa
History
International trade
south africa
trade agreements
Trade policy
Trade relations
turkey
South Africa
Turkey
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Summary:South Africa attracted the attention of the world with its rich natural resources such as gold and diamonds, followed a closed foreign trade policy until the end of the apartheid period in the 1990s. With the transition to democracy, South Africa launched a forward-looking and comprehensive economic development by becoming a member of organizations like the World Trade Organization (WTO) and BRICS. Moreover, international trade policies and financial transactions have been liberalized and simplified. In the early 2000s, Turkey began to build and develop its relationships overseas, such as with African Countries. Turkey has a long tradition of involvement in Africa. The aim of this study is to analyze the international trade relations between Turkey and Africa particularly South Africa from a historical perspective. The results conclude important policy recommendations for increasing the trade potential of the two countries under investigation.
ISSN:2149-9748
2149-9748