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.
BMW is recalling more than 720,000 vehicles in the U.S. over a fire risk, warning owners to park outside and away from buildings until repairs are ...
Tajikistan has urged the international community to increase funding to protect shrinking glaciers and help mountain communities adapt to climate c...
A new study in mice suggests the brain’s protective barrier does more than block harmful substances. It also delivers essential proteins from...
European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and energy high on the agenda. Azerbaijani President Ilham Aliyev held talks focused on peace, trade and regional cooperation.
Iran will not let a single particle of its enriched nuclear material leave the country, and any new U.S. attack would be met with strikes on distant American bases, Iranian security chief Mohsen Rezaei has said.
Nvidia chief executive Jensen Huang is stepping down amid reports linking him to a woman suspected by U.S. authorities of spying for China, throwing the future of the $4 trillion chipmaker into uncertainty.
Kazakhstan’s security service has arrested Nurlan Zhakupov, CEO of Samruk-Kazyna, the country’s sovereign wealth fund, on suspicion of corruption. Yelzhas Otynshiyev, Chairman of KTZ, Kazakhstan’s national railway firm has also been detained.
Eight people have been killed and at least 17 injured after an apartment building collapsed into a neighbouring construction site in Brooklyn, New York, as rescuers continued searching the rubble for possible survivors.
BMW is recalling more than 720,000 vehicles in the U.S. over a fire risk, warning owners to park outside and away from buildings until repairs are completed. The recall follows 10 reported fires involving cars previously repaired for the same fault.
The United Nations Children’s Fund (UNICEF) says 3.7 million children in Afghanistan are suffering from acute malnutrition, as worsening drought and funding shortages threaten to deepen the crisis amid the COP31 climate summit in Türkiye.
A consortium of Türkiye’s Limak and Qatar’s HBK Contracting has won an international tender to build and operate a new airport terminal in Bukhara, Uzbekistan, under a 23-year public-private partnership, with the project potentially costing up to $300 million.
Spain’s parliament has approved a government package aimed at easing the country’s housing crisis, a day after workers staged the first general strike in 14 years over soaring housing costs.
Here's your AnewZ Technology Daily Brief for the 13th of November. This week, a Microsoft outage hit Australian agencies, Google restricted mapping data in South Korea, a lawsuit targeted advanced AI development, and Nvidia faced a leadership crisis after Jensen Huang's resignation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment