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Faroes ready to take on Norway, Iceland, UK with new FTA with Turkey

Faroes' first free trade agreement in 16 years means it will now face zero duty on seafood exports to Turkey, compared to current rates of 20-45%

By Eva Tallaksen | Dec. 16, 2014 13:30 GMT
Faroes ready to take on Norway, Iceland, UK with new FTA with Turkey
The Faroese prime minister, Kaj Leo Holm Johannesen (left) and Turkey's economy minister Nihat Zeybekçi signed the free trade agreement in Ankara on Dec. 16, 2014
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The Faroe Islands and Turkey signed a free trade agreement this Tuesday, culminating 15 years of negotiations between the two sides [...]

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