More

    Türkiye confirms all trade halt with Israel over war in Gaza

    The move expands earlier restrictions on exports to Israel. Trade between the two countries was worth $6.8 billion in 2023.

    The World News Herald
    The World News Herald, published by Lausas Group, is a Finnish private and independent source for international news with a conservative perspective. We deliver objective reporting, free from bias, on the most pressing global issues of today. Join the conversation and share your thoughts! #TheWorldNewsHerald #TheWNHfi
    Your Ad Could Be Here

    Turkiye confirmed it would halt all trade with Israel until the country allows an uninterrupted and sufficient flow of humanitarian aid to Gaza after two officials familiar with the matter said the pause went into effect earlier Thursday.

    Turkiye decided to expand last month’s restriction on some Turkish exports to Israel due to the “worsening humanitarian tragedy in Palestine”, the Trade Ministry said in a statement, adding that work was underway to make sure that Palestinians were not adversely affected.

    The move adds to already high-running tensions between the once-close allies over the war in Gaza as President Recep Tayyip Erdogan steps up criticism of the Jewish state and tries to consolidate support among conservative voters at home.

    “The second phase of the measures taken at the state level has been started, and export and import transactions related to Israel have been suspended to cover all products,” according to the statement. “Turkiye will firmly and decisively implement these new measures until the government of Israel allows an uninterrupted and sufficient flow of humanitarian aid to Gaza.”

    Trade between the countries was worth $6.8 billion in 2023, of which 76% was Turkish exports, according to the Turkish Statistical Institute. Israel’s imports from Turkiye totaled $4.6 billion in 2023 making it Israel’s sixth largest source for imports, according to Israel’s Central Statistics Bureau. The main imports from Turkiye were steel, machinery, minerals and fuels as well as fresh produce and food products.

    SourceBloomberg

    Latest articles

    World News Network


    Help Combat Fake News - The World News Herald

    Related articles