UK and Turkey to sign trade agreement on Dec. 29

"The deal we expect to sign this week locks in tariff-free trading arrangements and will help support our trading relationship, worth £18.6 billion ($25.25 billion) last year. It will provide certainty for thousands of jobs across the UK in the manufacturing, automotive and steel industries," British Trade Secretary Liz Truss said commenting on the upcoming virtual event.
The deal should provide conditions for similar trade relations between the UK and Turkey after the island country completes the Brexit transition period on December 31. However, London and Ankara are expected to expand the deal within the next two years by negotiating a new relationship in the sectors of digital services, trade, and agriculture.