The threat of a hard British exit from the European Union looms large over a cou...
ISTANBUL/BRUSSELS - The threat of a hard British exit from the European Union looms large over a country that has a big stake in the process but no official say: Turkey.
Exports are considered vital to Turkey’s recovery from recession after last year’s lira crisis knocked some 30 percent off the value of the currency. If Britain leaves the bloc without a replacement trade deal, Turkey, covered by the EU’s customs union, would lose open access to the UK market. In 2017, Ankara and London formed a working group on trade deals and, according to industry officials, talks continued this year. Nearly a year ago, both countries expressed optimism that a free trade deal will be reached, though it was unclear how it would address a hard Brexit.
Piri said there was an opportunity to revive modernisation talks after European Parliament elections in May. But even so, under a hard Brexit, any Turkish-British free-trade deal to restore the status quo would only be possible after London struck a new deal with Brussels.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
May to ask Merkel and Macron for Brexit extensionBritish Prime Minister Theresa May will meet with German Chancellor Angela Merkel and French President Emmanuel Macron on Tuesday, as the UK leader prepares to request another Brexit extension from the European Union
और पढो »
Brexit-distracted Tories lose voter trust on core issues: pollAs the U.K.'s Conservatives struggle to deliver Brexit, an exclusive poll for POLITICO suggests the party has lost the trust of voters on core issues
और पढो »
Theresa May seeks help from Merkel and Macron ahead of critical Brexit summitU.K. Prime Minister Theresa May traveled to Berlin and Paris Tuesday for talks with the German and French leaders in a bid to secure backing for a second delay to Brexit.
और पढो »
Brexit: How Is The Lingering Uncertainty Impacting Financial Institutions?With the current impasse over Brexit and the inability of politicians in the U.K. to agree on a way forward, are there any clues as to what an actual exit from the European Union (EU) will look like, apart from disorganized? And, how is all the ongoing uncertainty affecting financial institutions?
और पढो »
EU open to Brexit extension but PM May needs clear planEuropean Union ministers said on Tuesday the bloc was ready to grant Britain a s...
और पढो »
Theresa May begs EU leaders for Brexit delay as Conservatives prepare to fight European electionsThe prime minister will head to Berlin and Paris on Tuesday to secure support for another delay to Brexit.
और पढो »
Parliament approves Brexit law forcing May to consult on delayBritain's parliament approved legislation on Monday that gives lawmakers th...
और पढो »
UK parliament approves Brexit law forcing May to consult on delayBritain's parliament approved legislation on Monday that gives lawmakers th...
और पढो »
Theresa May to ask Merkel and Macron for Brexit delayBritish Prime Minister Theresa May will meet German Chancellor Angela Merkel and...
और पढो »
Theresa May to ask Merkel and Macron for Brexit delayBritish Prime Minister Theresa May will meet German Chancellor Angela Merkel and...
और पढो »