Balance Sheet Example Essay
Accession of Turkey to the European Union |
Turkey's application to accede to the European Economic Community, a predecessor of the European Union (EU), was made on 14 April 1987. Turkey has been an associate member since 1963. After the ten founding members, Turkey was one of the first countries to become a member of the Council of Europe in 1949, and was also a founding member of the Organisation for Economic Co-operation and Development (OECD) in 1961 and the Organization for Security and Co-operation in Europe (OSCE) in 1973. The country has also been an associate member of theWestern European Union since 1992, and is a part of the "Western Europe" branch of the Western …show more content…
The country first applied for associate membership in the European Economic Community in 1959, and on 12 September 1963 signed the "Agreement Creating An Association Between The Republic of Turkey and the European Economic Community", also known as the Ankara Agreement. This agreement came into effect the following year on 12 December 1964. The Ankara Agreement sought to integrate Turkey into a customs union with the EEC whilst acknowledging the final goal of membership. In November 1970, a further protocol called the "Additional Protocol" established a timetable for the abolition of tariffs and quotas on goods traded between Turkey and the EEC.
On 14 April 1987, Turkey submitted its application for formal membership into the European Economic Community. The European Commission responded in December 1989 by confirming Ankara’s eventual membership but also by deferring the matter to more favorable times, citing Turkey’s economic and political situation, as well its poor relations with Greece and the conflict with Cyprus as creating an unfavorable environment with which to begin negotiations. This position was confirmed again in the Luxembourg European Council of 1997 in which accession talks were started