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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The Ashgabat forum in Turkmenistan brought together Russian President Vladimir Putin, Turkish President Recep Tayyip Erdoğan, and Iranian President Masoud Pezeshkian, raising questions about whether Russia remains connected to regional partners despite Western sanctions.
A bulk carrier struck during a Russian attack on Ukraine’s southern coast on Friday is owned by a Turkish company, a source familiar with the incident told Reuters.
Chinese Foreign Minister Wang Yi has begun a multi-nation diplomatic tour of the Middle East, showing Beijing’s deepening engagement in a region undergoing conflicts, shifting alliances and major geopolitical realignments.
Pakistan and China are conducting a joint counterterrorism exercise, Warrior IX, to strengthen military cooperation. The drill comes at a time of renewed regional instability, with analysts saying it underscores both countries’ determination to deepen security ties.
A former estate of drug lord Pablo Escobar, now a wildlife park in Colombia, has marked Christmas by setting animals festive feeding challenges designed to boost their mental and physical health.
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