ISTANBUL, June 28 (Xinhua) The Belt and Road Initiative (BRI), inspired by the global vision of the Communist Party of China (CPC), has bolstered the living
© Provided by Xinhua More and more Chinese companies have been investing in Turkey, supporting its development, especially in infrastructure, transport
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.”