Turkey–United Kingdom Free Trade Agreement

The Turkey–United Kingdom free trade agreement (TUKFTA) is a proposed free trade agreement which began negotiations on 14 March 2024. The trade agreement will be the third FTA to cover Turkey–UK trade, and will supersede the Turkey–UK Trade Continuity Agreement, extending the deal to cover services and digital trade.

History
From 31 December 1995 until 30 December 2020, trade between Turkey and the United Kingdom was governed by the European Union–Turkey Customs Union, while the UK was a member of the European Union. Following the withdrawal of the United Kingdom from the European Union, the UK and Turkey signed a continuity trade agreement on 29 December 2020, based on the EU free trade agreement; the agreement entered into force on 1 January 2021.

Negotiations
On 18 July 2023, Turkey and the United Kingdom announced their intentions start talks on a modernised free trade agreement; the agreement will supersede the goods-only Turkey–United Kingdom Trade Continuity agreement. The UK opened up a trade consultation from 2 November 2023 and close on the 5 January 2024. Trade negotiations formally opened on 14 March 2024. The practical negotiations are scheduled for after the UK general election on 4 July.