On 2 July 2026, EU and Turkey held a High‑Level Economic Dialogue (HLED) in Istanbul, co‑chaired by EU Commissioner Valdis Dombrovskis and Turkish Minister Mehmet Şimşek. The meeting reaffirmed both sides’ commitment to deepening economic and financial cooperation, emphasizing shared values such as the rule of law, fundamental rights, and democracy. Turkey informed the EU that it had submitted a letter of intent to join the Single Euro Payments Area (SEPA), a move expected to make cross‑border payments faster and cheaper. Participants reviewed recent economic policies, price and financial stability measures, and strategies for sustainable growth. The HLED was supported by the European Investment Bank, EBRD and CEB, which highlighted investments in clean energy, SMEs, and connectivity projects. A subsequent business dialogue gathered EU and Turkish companies and IFI representatives to discuss trade barriers and new cooperation opportunities. The parties agreed to meet again next year in Brussels.
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