Canada and Turkiye Launch Strategic Partnership With Three-Year Plan and Free Trade Talks
Sahmino Newsroom | 22 October 2026 | 24 days ago
Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan announced a Canada-Turkiye Strategic Partnership backed by a three-year action plan in Ankara on Thursday, 22 October 2026 (30 Mehr 1405), Al Jazeera reported. The plan rests on four pillars: trade and investment, defence and security, energy, and ties between people. The two sides agreed to work toward a free trade agreement, and their energy ministers will work on liquefied natural gas, nuclear energy and critical minerals.
Source: AFP
Erdogan said bilateral trade now stands at about $3 billion and the aim is to lift it first to $5 billion and then to $10 billion. He said free trade talks will begin before the end of the year, with a first round next month in Ankara. It is the first bilateral visit to Turkiye by a Canadian prime minister, and Carney is seeking to reduce Canada's reliance on the United States amid a tariff war with Washington.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, US Dollar fell 0.7 percent, to 2,699,000 rial.
Over the same days, Tehran Stock Exchange Index rose 3.6 percent, to 8,465,595.
Over the same days, Brent Crude fell 14 percent, to 96.55 dollars.
- US Dollar
- −0.7%
- Tehran Stock Exchange Index
- +3.6%
- Brent Crude
- −14.4%
Prices to the close of 15 November
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