The following is a summary of recent developments:
- The Constitutional Court has ruled that methods of privatization should be regulated by legislation passed by Parliament and not by administrative decisions.
- Turkey has signed an agreement with the UK on the encouragement and protection of investments and another agreement with Croatia on cooperation in commercial and economic matters.
- Turkey has signed the Agreement on Important International Combined Transport Lines and Related Installations (AGTC).
- The Agricultural Bank of the Republic of Turkey has been permitted by the government to establish a joint venture bank in Macedonia.