Britain, Turkey reach post-Brexit free trade agreement
Tuesday, December 29, 2020 | Tag Cloud Tags: Brexit, Britain, EU, Euro, Europe, European Union, News, Trade, Turkey, Washington, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(Worthy News) – Turkey and Britain signed a free-trade agreement Tuesday as the U.K. prepares to leave the European Union’s economic orbit at the start of the new year.
The deal, which will come into effect on Jan. 1, aims to support trade between the two countries which was worth more than $25 billion in 2019. It is one of many post-Brexit trade deals the British government is pursuing with nations around the world and came days after it finalized a trade agreement with the EU.
The U.K. left the EU on Jan. 31 of this year but remained subject to the bloc’s business regulations and within its customs union during a transition period that ends on Dec. 31. [ Source: Washington Times (Read More…) ]
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Tag Cloud Tags: Brexit, Britain, EU, Euro, Europe, European Union, News, Trade, Turkey, Washington, Worthy News