Turkiye announced on Wednesday that it has reached an agreement with the United Kingdom to initiate negotiations aimed at revising their existing Free Trade Agreement (FTA). The discussions, set to take place in Ankara, are part of broader efforts by both nations to bolster their economic ties. The announcement followed a virtual meeting between Turkiye’s Trade Minister, Omer Bolat, and the UK’s newly appointed Business and Trade Minister, Jonathan Reynolds. Reynolds, a member of the Labour Party, assumed his role after the party’s return to government following a landslide victory in the 4 July election, ending 14 years in opposition. Bolat described the talks as productive, with both sides focusing on tangible steps to increase trade volumes, encourage investments and […]
