British Prime Minister Boris Johnson has called on the nation's business groups and leaders for ideas on how to change regulations to boost the United Kingdom's economy, a move that may alarm European Union officials.
| UPDATED: 14:08, Fri, Jan 8, 2021
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The Government has opened a bidding process for the creation of up to 10 new freeports, promising they are a simple way to “turbo-charge” the economy, especially in deprived areas. The country has had freeports before, but those – established in the Eighties and Nineties in ports like Liverpool and Tilbury – eventually withered and died. All they could offer was freedom from customs duties, and this was not enough on its own, as more or less the same benefits could be gained by importers
Ankara, Turkey – The post-Brexit trade deal between Turkey and the United Kingdom has safeguarded $25bn worth of business between the nations that find themselves two of the largest economies on the fringes of the European Union.
Turkish President Recep Tayyip Erdogan described it as “the most important trade deal” since Ankara signed a customs union with the EU in 1995, while the UK’s International Trade Secretary Liz Truss said it would lead to a “new, more ambitious deal with Turkey in the near future”.
Ruhsar Pekcan, Turkey’s trade minister, said: “Without a deal, about 75 percent of Turkish exports to the UK would be subject to tariffs, causing the loss of about $2.4bn; this risk is now gone.”
Global Britain (Opinion) Saturday, January 2, 2021 IWK Bureau
The recent bonhomie between India and the UK during the continuing Covid-19 pandemic indeed comes as a real surprise. The Indo-UK bilateral ties during the recent times cant be labelled as one very strong or warm. One reason for this might be due to the wrong decisions or priorities set by the continuing British governments. During the last 25 years or so, at the cost of India, the British have preferred to pamper and strengthen its ties with China. Or as seen by the Indian establishment they have not been offered an equal seat at the table.
LONDON: The government has signed a deal which will allow British businesses to continue trading with Turkey on the same terms after Brexit.The deal between Ankara and London will roll over the.