UK and Turkey sign trade deal in 29 December
UK and Turkey sign trade deal in 29 December for tariff-free trading arrangements, which will support our trading relationship worth £18.6 billion in 2019, and committed to working towards a more ambitious trade agreement in the future.
- The UK and Turkey secure trade agreement in major win for UK automotive, manufacturing and steel industries.
- Today’s deal supports a trading partnership worth £18.6 billion last year.
- The agreement lays the groundwork for a more ambitious UK Turkey trade relationship in the future.
The UK-Turkey Free Trade Agreement was signed today as International Trade Secretary Liz Truss and Turkey’s Minister for Trade, Ruhsar Pekcan, met on a video call.
The deal will secure existing preferential tariffs for the 7,600 UK businesses that exported goods to Turkey in 2019, ensuring the continued tariff-free flow of goods and protecting vital UK-Turkey supply chains in the automotive and manufacturing sectors.