The purpose of this chapter is to study the trade and foreign exchange regime in Turkey as it took shape in 2000. Section 1 describes the main developments in the trade and foreign exchange regime of Turkey, and Section 2 the market access issues for industrial commodities. Section 3 considers the market access issues for agricultural commodities. Non-tariff barriers are studied in Section 4; Section 5 considers the market access issues for services; Measures affecting exports are analyzed in Section 6 and the foreign exchange regime in Section 7.