Turkish olive oil output from British, the UK

Published 2022년 6월 15일

Tridge summary

British Prime Minister Boris Johnson is considering lifting taxes on olive oil imported from Turkey, as part of efforts to reduce costs for businesses and consumers following Brexit. Despite Turkey's food exports to the UK reaching $615 million in 2021, the country has a small share in the UK's total food imports. The potential abolition of duties on products not produced in the UK could increase competition, particularly with countries like Spain, Italy, and Greece. Turkey currently exports only 50 tons of olive oil to the UK, a country that consumes 82 thousand tons, but lifting these taxes could potentially allow Turkey to compete more effectively and increase its exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

British Prime Minister Boris Johnson signaled that taxes on olive oil imported from Turkey could be lifted. British Prime Minister Boris Johnson, in his statement last week, "Why is there a tax of 93 pence per kilo on Turkish olive oil?" He signaled that taxes on olive oil could be abolished. Johnson is preparing for regulations that will reduce costs for businesses and consumers by using the freedoms given by Brexit. Among the anticipated steps is the abolition of duties on products not produced in the UK and dependent on imports. Although Turkey's total food exports to the UK have reached 615 million dollars by 2021, Turkey has a small share in the UK's total food imports. Turkey exports the most vegetables and fruits to England in food. Increasing cooperation in the target food field Work continues to develop cooperation between the parties. Speaking at the press conference held in London last week, Akif Çağatay Kılıç, Chairman of the Foreign Affairs Committee of the Grand ...
Source: Gidatarim

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