Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what his Department expects the impact to be on UK GDP from an upgraded UK-Republic of Turkey agreement.
It is too soon to presume on the final outcomes of FTA negotiations; we are making strong progress with a fourth negotiation round scheduled next month.
Turkey is an important trading partner for the UK, with bilateral trade worth £28 billion in the 12 months to September 2025, doubling in current prices over the past decade. The current agreement ensures tariff free trade on over 99% of goods but does not include any services provisions. This new deal will focus on the UK’s strengths in services, which account for 81% of GDP.
Once an upgraded UK–Turkey FTA is signed we will publish detailed information, alongside an impact assessment, including trade impacts.