India and Turkey have signed a social security agreement that will benefit the citizens of both countries. The agreement is aimed at helping workers who are employed in one country but are citizens of the other country.
The social security agreement between India and Turkey was signed on 7th February 2020 in New Delhi. The agreement was signed by India’s Minister of State for External Affairs, V Muraleedharan, and Turkey’s Minister of Family and Social Policies, Zehra Zümrüt Selçuk.
The agreement is expected to benefit Indian workers who are employed in Turkey, as well as Turkish workers employed in India. Under the agreement, workers will be able to avail of social security benefits such as old-age pension, disability pension, and survivors’ benefits.
With this agreement, Indian workers in Turkey will no longer have to contribute to the Turkish social security system. Instead, they can continue to contribute to the Indian social security system while working in Turkey. Similarly, Turkish workers in India can continue to contribute to the Turkish social security system while working in India.
The social security agreement between India and Turkey is expected to enhance economic cooperation and strengthen the bilateral relationship between the two countries. It will also provide social security protection to the workers of both countries and create a more conducive environment for cross-border investment and employment.
The agreement is especially significant given the increasing number of Indians working in Turkey. According to recent data, around 7,000 Indian workers are currently employed in Turkey, with many of them working in the construction and textile sectors.
Overall, the social security agreement between India and Turkey is a positive development that will benefit the citizens of both countries. It is a reflection of the growing bilateral relationship between India and Turkey and their commitment to promoting economic cooperation and social welfare.