Türkiye and the United Kingdom have agreed to begin the first round of negotiations by the end of July to modernize and expand their Free Trade Agreement, aiming to boost economic ties and reflect evolving trade priorities.
Turkish Trade Minister Ömer Bolat announced that Ankara and London will commence talks by the end of July to upgrade their Free Trade Agreement (FTA), which was initially rolled over when the UK exited the European Union in 2020.
In a post shared on X, Bolat described his meeting in London with UK Secretary of State for Business and Trade, Jonathan Reynolds, as constructive. He said the two sides had signed sections of the FTA covering the motor vehicle and chemical sectors - an "important step in the modernization process."
The FTA review conducted in 2023 by both countries concluded that there was significant potential to improve and expand the agreement, which currently focuses primarily on goods trade.
Bolat added that both sides have also agreed to hold the 8th session of the Türkiye–United Kingdom Joint Economic and Trade Committee in London later this year. That meeting will serve as a broader platform to assess and deepen overall trade relations.
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Chinese tech giant Baidu has filed a patent application for a groundbreaking artificial intelligence system capable of translating animal sounds and behavior into human language, according to a report by the South China Morning Post.
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U.S. President Donald Trump is expected to announce a major trade deal with the UK on Thursday, marking Britain’s second deal in a week and potentially lowering tariffs on steel and autos, according to sources cited by the New York Times.
On May 8, 2025, the United States proudly commemorates the 80th anniversary of the Allied victory over fascism and the end of World War II in Europe- a defining triumph for freedom and democracy.
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
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U.S. President Donald Trump is expected to announce a major trade deal with the UK on Thursday, marking Britain’s second deal in a week and potentially lowering tariffs on steel and autos, according to sources cited by the New York Times.
On May 8, 2025, the United States proudly commemorates the 80th anniversary of the Allied victory over fascism and the end of World War II in Europe- a defining triumph for freedom and democracy.
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
Chinese tech giant Baidu has filed a patent application for a groundbreaking artificial intelligence system capable of translating animal sounds and behavior into human language, according to a report by the South China Morning Post.
According to Israel’s Channel 11, direct talks between Türkiye and Israel are scheduled to take place in Baku on 8 May. The discussions are expected to focus on regional security issues, particularly in the context of the situation in Syria, where the interests of both countries often intersect.
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