When we look at the trade balances and trends around the world, we see that the center of the global economy is shifting towards the Asian countries as a result of the steady growth of the economies in the Asian continent. These developments show the necessity of many countries to review their existing structures in their medium and long-term trade relations. In this context, since 2010 Turkey has prepared new economic and trade policies, and in line with its strategy of developing relations with the Asia-Pacific countries, announced the Asia Anew Initiative in August 2019.