Davies Turner welcomes plans for broader UK-Türkiye FTA

Date Added: 18 July 2023

Davies Turner welcomes plans for broader UK-Türkiye FTA

As the market leader in overland trailer services between Türkiye and the UK, Davies Turner welcomes today’s news that the UK and Türkiye have committed to negotiate an updated Free Trade Agreement (FTA) designed to deepen the trade relationship between the two countries.

We firmly believe that tariff-free arrangements like the one signed in 2020, which was rolled over from when the UK left the European Union covering goods but not areas such as services, digital and data, support the trading relationship between the UK and Türkiye, and bring benefits to UK importers and exporters, as well as the freight forwarding and logistics companies that manage their supply chains.

We hope that a new broader deal will boost trade and help businesses maximise opportunities in this area.

As a major facilitator of trade between the two countries, Davies Turner operates multiple daily two-way overland and multimodal trailer services between the UK and Türkiye in a long-standing partnership with Istanbul-based Ekol Logistic, one of the country’s largest freight and warehousing operators.

There is no doubt that the tariff-free trading agreement signed in 2020, along with the problems in long distance supply chains, which have increasingly prompted traders to turn to Türkiye as an alternative source of supply to countries in Asia, has had a major impact on the uptick in trading volumes between the two countries over the last two years.

In welcoming the news, we would be delighted to speak to anyone who wants to know more about our cost effective and efficient multimodal freight and logistics service between Türkiye and the UK.
Call us now or email sales@daviesturner.co.uk

 

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