Photographer: Chris Ratcliffe / Bloomberg
Photographer: Chris Ratcliffe / Bloomberg
The UK expects to sign a continuity agreement with Turkey on Tuesday to roll over tariff-free trade deals worth £ 18.6 billion ($ 25 billion) last year.
“It will provide security for thousands of UK jobs in the manufacturing, automotive and steel industries,” said Trade Secretary Liz Truss in an email. “We are now looking forward to working with Turkey to an ambitious tailor-made trade deal between the UK and Turkey in the near future. “
The deal, which will be the first since the UK reached a trade agreement with the European Union on Dec. 24, will be signed this week subject to approval by the bloc, which has a customs union agreement with Ankara, the office said. Truss.
Continuity agreements
EU trade pacts don’t apply to the UK from January 1, so it replicates those deals
Source: UK Department for International Trade
