June 24, 2022
1 min read

Turkey, Britain to upgrade free trade deal 

Britain recently lifted all restrictions on arms exports to Turkey as the two governments deepened dialogue after the Ukrainian crisis…reports Asian Lite News

Turkey and Britain are working to upgrade their free trade agreement as a means to boost bilateral economic ties, said Turkish Foreign Minister Mevlut Cavusoglu.

The two countries are “working to expand the scope of the free trade agreement. We have started work on the issue,” Cavusoglu told a joint press conference on Thursday with his British counterpart Liz Truss in the capital Ankara, referring to a free trade agreement signed in December 2020.

Britain was the third largest destination of Turkish exports in 2021, following Germany and the US, he added, calling Britain “a strategic partner”.

For her part, the British Foreign Secretary said the two countries, both NATO members, should have better relations, hailing Turkey’s efforts to open a maritime corridor to export grains from Ukraine.

Noting the urgency of the grain crisis, Truss added that the problem will have devastating consequences if not solved within the next month.

Britain recently lifted all restrictions on arms exports to Turkey as the two governments deepened dialogue after the Ukrainian crisis.

Britain previously suspended defence exports to Turkey after the Turkish army launched a military operation in northern Syria against the Syrian Kurdish People’s Protection Units (YPG) in 2019.

Turkey sees the YPG group as the Syrian branch of the outlawed Kurdistan Workers’ Party (PKK).

British Defence Secretary Ben Wallace also visited Turkey on Thursday to promote cooperation in the defence industry, according to the Turkish Foreign Minister.

ALSO READ-Turkey, Israel start work to appoint ambassadors

Previous Story

Choose a pet-friendly vacation spot

Next Story

Southwest Monsoon to cover entire India by July 6

Latest from -Top News

Putin, Trump Hold Call on Ukraine

During the discussions, Trump briefed Putin about the dialogue he had with Ukrainian President Volodymyr Zelensky…reports Asian Lite News Russian President Vladimir Putin and US counterpart Donald Trump spoke by phone on

India’s Healing Touch Reaches Guyana

The initiative, backed by the Indian High Commission in Georgetown, stands as a testament to India-Guyana friendship …reports Asian Lite News Fulfilling Prime Minister Narendra Modi’s pledge, India has delivered artificial limbs

Doval Meets Wang Yi in Delhi

The meetings could see both sides deliberate on a range of key issues, including the border situation, trade and resumption of flight services….reports Asian Lite News National Security Advisor Ajit Doval met

Gang Violence, Khalistan Extremism Put Canada on Edge

gang-driven extortion and Khalistani extremism, threatening public safety, community trust, and bilateral ties with India…reports Asian Lite News Canada is grappling with a nexus of gang-led extortion and Khalistani extremism that threatens
Go toTop

Don't Miss

Britain’s cutting-edge space defence backed by £1.4 billion

This significant investment will help to ensure the UK remains

Britain’s crisis boils over into other markets

Britain’s economic decline is turning into a crises, threatening to