The UK sees Turkey “as a fast-growing market for exactly the kind of exports that British governments are always trying to encourage, namely cars, machinery and pharmaceuticals, all of which generate jobs in areas where elections are won,” said Marcus Chenevix, an analyst at TS Lombard. But he added that Turkey could become “a bigger part the UK’s supply chain, especially in terms of machinery and parts”, mainly thanks to being cheaper and a “very able supplier of manufactured goods”. The UK “needs Turkey more than ever as an economic and geopolitical partner”, said Mr Chenevix.
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