UK AND TURKEY TO SIGN A TRADE DEAL


28/12/2020




Serhat TUNAR -TDO- The United Kingdom has announced that it will sign its first free trade agreement with Turkey after its agreement with the European Union. A statement from the UK Department of Commerce said the parties would sign next week.

The new arrangement is expected to protect the current trade order between Turkey and the UK, but trade minister Liz Truss added that they wanted to sign a needs-tailored agreement with Turkey in the future.

From 1 January, the United Kingdom, which will be severed from the European Union, renews trade agreements that it is a party to while it is a member of the European Union, as an independent state from the European Union.


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