A devastating impact on Turkey's economy The 'Made in Europe' policy has caused a series of negative consequences for Turkey's economy. Additionally, the EU introduced a requirement of 70% European components for cars, excluding battery production. This means that only 27% of cars sold in the EU are produced within Europe.

Here are some specific facts:

- Turkey's share of imported cars in the EU market was $30.1 billion (€26.8 billion). - If we had an 'EU Made in Europe' issue in our economy, it would be a serious loss for exports to the EU and sales. - The original project did not apply to electric vehicles, plug-in hybrids, or fuel cell models, which represented only 27% of new car registrations in the EU. - Fully assembled cars can be sold until 2035 but will be subject to 'Made in Europe' rules. - Turkiye-produced fully assembled cars with fewer European components could be excluded from 'Made in Europe'. - Another reason why Iraq, Ethiopia, Saudi Arabia, and Georgia should be excluded is that they have enjoyed continuous access to the EU markets.

Since 1990, Tommaso Paidi, director of education GERPISA and a senior researcher at CNRS, has noticed that the requirement of 70% is "remarkable". "If we take an average French vehicle and remove the battery, we will find that approximately 83% of its parts come from Europe." The agreements between France and Germany could have devastating effects on Turkish production.

Moreover, AI would have a negative impact on European competitions compared to China, adding: "Our trade with the EU is 73% towards the EU, if we encounter an 'EU Made' embarrassment, it would cause great harm to our exports to the EU and sales." President of the Turkish Economic Foundation (IKV), Ayhan Zeytingol has emphasized that "73% of our trade with the EU goes towards the EU" and that "if we encounter an 'EU Made' embarrassment, it would cause great damage to our exports to the EU and sales."