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The ease of origin for electric vehicles between Turkiye and the UK will last until 2027

The ease of origin provided for the trade of electric vehicles within the scope of the Free Trade Agreement (FTA) between Turkiye and the United Kingdom will continue until 2027.

The international agreement on the subject, approved by President Recep Tayyip Erdogan, was published in the 5th recurring issue of the Official Gazette.

Accordingly, the Turkiye-United Kingdom Free Trade Agreement Joint Committee decided to extend the transition period regarding the rules of origin for electric vehicles. Within the scope of the agreement, the ease of origin provided for the trade of electric vehicles will continue until 2027.

On the other hand, the loan amendment agreement signed between the Republic of Turkiye and the Turkish Republic of Northern Cyprus also entered into force.

Source: AA / Prepared by Irem Yildiz

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