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Turkey s exports to UK surge in Q1 following post-Brexit FTA

10 Pic: Shutterstock Turkish exporters have seen a noteworthy surge in exports to the United Kingdom from January to March this year following the signing of a post-Brexit free trade agreement (FTA). Exports to the UK rose by 12.7 per cent to reach $2.7 billion, making it the country’s second-biggest market in the first quarter of the year, according to statistics from the Turkish Exporters Assembly (TIM). Ankara and London inked the FTA in the last days of 2020 to support a trade partnership worth around $25 billion. The deal became effective from January 1, when the UK formally left the European Union. The current pact is expected to be expanded to include areas such as investments and services, according to a report in a Turkish newspaper.

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