News: UK and Türkiye Advance Toward a Modernised Free Trade Agreement
- SADIK ISLER
- Jul 15
- 2 min read
The first round of negotiations for an Enhanced Free Trade Agreement (FTA) between the United Kingdom and Türkiye took place in Ankara from 23 June to 2 July 2025. This development marks a significant step forward in strengthening the trade and economic relationship between the two countries.
Trade between the UK and Türkiye amounted to approximately £28 billion in 2024, positioning Türkiye as the UK’s 16th largest trading partner. With Türkiye’s growing economy and a population of over 86 million, this agreement has the potential to create new trade and investment opportunities across sectors.
The initial round of negotiations focused on establishing a shared understanding and baseline positions in key areas, including trade in goods, digital trade, financial and professional services, sustainability, regulatory alignment, and labour rights. Constructive dialogue took place on mutual priorities such as Women’s Economic Empowerment, SME participation, and consumer protection.
At CCS Law, we actively observe and support the legal and commercial dimensions of UK-Türkiye trade relations. As a firm with offices in both London and Istanbul, we advise multinational corporations, SMEs, and investors navigating cross-border transactions between these two jurisdictions. We believe this enhanced FTA has the potential to unlock significant value for UK and Turkish businesses alike, particularly in underutilised service sectors and digital trade.
Currently, the existing FTA replicates the EU-Türkiye Customs Union framework, fully liberalising industrial products and partially liberalising agricultural goods. The enhanced agreement aims to go further by incorporating more comprehensive provisions on services, innovation, and fair competition.
CCS Law expects that once finalised, the enhanced FTA will contribute to a more balanced and modern trade environment, reduce barriers, and provide clarity on market access, particularly for service providers, investors, and tech-driven enterprises.
We continue to monitor the progress of negotiations and look forward to the second round of talks, anticipated for autumn 2025.
