Turkiye has announced it is halting all import and export transactions with Israel citing the “worsening humanitarian tragedy” in Gaza. Israel’s seven month military offensive in Gaza has left over 34,500 people dead, most women and children. “All import and export transactions related to Israel, including all products, have been stopped,” Turkiye’s trade ministry said […]
Kemi Badenoch returned from a visit to Turkiye optimistic the UK could further strengthen bilateral trade ties with Turkiye following a raft of positive meetings and announcements. The British Business and Trade Secretary met with her Turkish counterpart, Minister for Trade Ömer Bolat, and also visited Turkish Airlines, whose new Airbus contract is worth billions […]
British businesses, individuals and other stakeholders have been invited to share their views on what they would like to see in a revised Free Trade Agreement (FTA) between the United Kingdom and Turkiye. The Department for Business and Trade (DBT) launched its public Call for Input on Thursday 2nd November, allowing people to share their […]
A Royal Navy air-defence destroyer was put to good use during its recent five day visit to Istanbul, hosting a series of events, including an exclusive reception and ‘Industry Day’ on board the ship for senior Turkish officials and business leaders, to promote Global Britain. Organised together with the UK’s Department for International Trade (DIT), […]
Relations between Turkey and neighbouring Azerbaijan continue to strengthen and deepen. Passport-free travel between the two countries commenced on Thursday, 1 April. The following day, Turkish Trade Minister Ruhsar Pekcan and Azerbaijan’s Economy Minister Mikayil Jabbarov (both pictured above) signed an electronic business agreement in Baku, pledging to bring “trade relations to a new level.” […]
A Conservative politician in the House of Lords has sought to highlight inconsistencies in the British government’s policies on trade relations with states it doesn’t formally recognise. Lord Richard Balfe tabled a series of questions about the government’s use of trade envoys, asking what the criteria was in determining which countries have a trade envoy, […]
Amidst international concerns over Brexit and new strains of coronavirus, a major milestone has failed to make global headlines in the way that it should. On 19 December, a freight train from Turkey to China embarked on its maiden voyage that took a fortnight to complete, travelling along 5,400 miles (8,670 kilometres) of continuous rail […]
Global clothing brands who produce garments and accessories in Turkey are having to rethink their operations after Saudi Arabia imposed a ban on all goods made in Turkey. Mango, M&S, and H&M are among those affected by the ban, according to a report by the Financial Times. A spokesperson for Spanish retailing giant Mango told […]
A whirlwind visit to Britain by Turkey’s Foreign Minister Mevlüt Çavuşoğlu last week was followed by news that the two countries are “close to finalising” a free trade agreement (FTA). Mr Çavuşoğlu told the Financial Times that negotiations between the two countries on key areas were progressing well: “If you look at the volume of […]
Negotiators from the United Kingdom and Turkey have met again today to discuss a Free Trade Agreement between the two countries. It is the eighth time the bilateral Trade Working Group is meeting, according to a tweet by Judith Slater, Britain’s Consul General in Istanbul and its Trade Commissioner for Eastern Europe and Central Asia. […]
