BAKU, Azerbaijan, July 2. Türkiye has
officially notified the European Payments Council (EPC) of its
interest in joining the Single Euro Payments Area (SEPA).
This was stated in a joint statement following the meeting of
the high-level economic dialogue between the EU and Türkiye.
The parties noted that Türkiye's potential participation in the
system will make cross-border payments faster, safer, and cheaper,
and will also facilitate the development of trade and investment
cooperation between Türkiye and the European Union.
The document was adopted on Thursday in Istanbul following a
meeting chaired by European Commissioner for the Economy Valdis
Dombrovskis and Turkish Minister of Finance and Treasury Mehmet
Simşek.
The joint statement emphasizes that, in the context of
increasing geopolitical fragmentation and persistent risks to the
global economy, reliable and mutually beneficial partnerships are
particularly important. The parties also noted that Türkiye remains
a candidate country for EU membership and one of the European
Union's key partners.
