Turkey's exports to UK surge in Q1 following post-Brexit FTA

Turkish exporters have noticed a noteworthy surge in exports to the United Kingdom from January to March this yr adhering to the signing of a post-Brexit cost-free trade agreement (FTA). Exports to the British isles rose by twelve.seven for every cent to attain $2.seven billion, generating it the country’s second-greatest current market in the 1st quarter of the yr, according to figures from the Turkish Exporters Assembly (TIM).

Ankara and London inked the FTA in the last times of 2020 to assistance a trade partnership value close to $25 billion.

The deal grew to become helpful from January 1, when the British isles formally still left the European Union.

The current pact is predicted to be expanded to involve spots this sort of as investments and products and services, according to a report in a Turkish newspaper.

The British isles been given in excess of $1 billion value of Turkish

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