– Turkey’s potential as a reshoring hub is highlighted by its strategic location and extensive free trade agreements, but it faces challenges such as slowing foreign direct investment, high labor costs, and competition from regions like North Africa and the Association of Southeast Asian Nations (ASEAN). The automotive sector’s growth has decelerated, with production and exports showing mixed trends, and the transition to electric vehicles is crucial for future development. Meanwhile, the UK’s upcoming ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partners...
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