Commenting on the signing of today’s FTA with Turkey, Stephen Phipson, CEO of Make UK, the manufacturers’ organisation said:
The finalisation of today’s trade deal with Turkey is welcome news for industry and manufacturing in particular. Securing preferential tariffs for UK businesses exporting to Turkey and ensuring the continued tariff free flow of goods is vital to protect UK-Turkey supply chains, supply chains which are critical to our automotive industry in particular.
“It is also extremely helpful that both sides have also committed to work towards a more ambitions free trade agreement in the coming months which will deliver a welcome boost to the UK economy as it comes out of the current Covid crisis.
