Turkey and the UK: New best friends?

Turkey and the UK want to maintain a close relationship after the Brexit transition ends. But concluding a trade deal will not be easy, and relations could sour if tensions increase between Turkey and the EU or US.  

 
A UK-Turkey trade deal is “very close”, Turkish Foreign Minister Mevlüt Çavuşoğlu said on a visit to the UK in early July. The importance placed on securing a post-Brexit trade deal reflects the significance of the commercial relationship, particularly to Turkey. In 2018, Turkey exported £10.6 billion of goods and services to the UK, its second most important export market after Germany. But when the UK exits the Brexit transition period at the end of the year, it will also leave the EU’s customs union with Turkey, meaning that the UK-Turkey trading relationship will fundamentally change.

A UK-Turkey trade deal is important for both countries commercially and politically. Bilateral relations have strengthened in recent years just as both countries’ relationships with the EU have deteriorated. Brussels and Ankara have clashed over the erosion of democratic checks and balances in Turkey as well as Turkey’s increasingly assertive foreign policy in Libya and the eastern Mediterranean, especially its drilling off the coast of Cyprus. Tensions have meant that the EU has been unwilling to launch negotiations to modernise the EU-Turkey trade relationship and extend liberalisation to areas such as services and procurement. Meanwhile, Turkey’s relationship with the US has also become increasingly tense, particularly after Ankara purchased a Russian missile system despite US and NATO opposition. The UK is one of Turkey’s few remaining friends in the West, and for Ankara a trade deal would signal a close economic and political relationship with a major European power. For its part, the UK has been keen to cultivate a good relationship with Ankara as part of its ‘Global Britain’ quest for post-Brexit trade deals and political partnerships.

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Πηγή: cer.eu

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