London and Ankara will sign free trade agreement
Britain and Turkey are set to sign a free trade agreement on Tuesday, the UK Department of Commerce announced tonight.
It will be the first such deal since Prime Minister Boris Johnson secured a new trade deal with the European Union last week.
The agreement between Britain and Turkey reproduces the current rules governing Ankara-London trade relations, but Minister Liz Tras appeared optimistic that a special agreement would soon be reached between them.
“The agreement we expect to sign this week will key in duty-free trading arrangements and help our trade relationship. “It will provide security for thousands of jobs in the UK, manufacturing, the automotive industry and the steel industry.”
“We look forward to working with Turkey on an ambitious, personalized agreement in the future,” he added.
This agreement is the fifth largest that London has negotiated with individual countries, after those with Japan, Canada, Switzerland and Norway. In total, Britain has concluded trade agreements with 62 countries.