2/11/2011

Britain to double trade with Turkey by 2015

Hurriyet - Britain aims to double trade with Turkey by 2015, according to the British government’s Trade White Paper outlining the country’s trade and investment strategies.

The paper’s chapter on Turkish-British trade emphasizes Turkey’s EU Customs Union membership and continuous British support for Turkey’s EU accession process. The paper cites reports forecasting Turkey as Europe’s second largest economy in 2050, and calls for increased trade between Britain and Turkey.

“Turkey’s pro-trade approach and its search for trade deals focusing on the Middle Eastern and Caucasian markets offer significant opportunities. Britain aims to double its trade with Turkey,” said the paper.

Trade advisor to the Prime Minister of Britain, Leon Brittan, said that the Trade White Paper endorses improving business relations with Turkey and doubling bilateral trade.
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turkey; britain; turkish-british; trade white paper; turkey customs union; turkey eu accession; turkey britain trade