Turkey

October 11, 2024 11:45 AM

Turkey imposes anti-dumping duties on steel imports from China, Russia, India, Japan

Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on Chinese imports. The duties imposed will range between 6.10% to 43.31% of cost, insurance and freight (CIF) prices, the decision said, in a move aimed at preventing "unjust competition" after appeals from domestic producers last year. An investigation into hot rolled steel imports following the local p...

September 13, 2024 10:40 PM

Kremlin says it disagrees with Turkey’s Erdogan that Crimea should return to Kyiv’s control

Russia completely disagrees with comments from Turkish President Tayyip Erdogan that Crimea should return to Ukrainian control, Kremlin spokesman Dmitry Peskov said on Friday. Erdogan said this week that Turkish support for Ukraine's territorial integrity, sovereignty and independence was unwavering, and that the return of Crimea - which Russia seized from Ukraine and annexed in 2014 - was a requirement of international law. Asked about Erdogan's comments, Peskov said the topic of Crimea "fall...

August 12, 2024 5:28 PM

Turkey’s priority is fulfilling NATO responsibilities, defence minister says

Turkey is fully committed to its responsibilities to NATO, its defence minister told Reuters, amid concern amongst some Western allies that Ankara may be tilting away from the West. Last month, President Tayyip Erdogan said Turkey wants to be a partner in the Shanghai Cooperation Organisation (SCO) - a security, political and economic club launched in 2001 by Russia, China and Central Asian states as a counterweight to Western alliances. Defence Minister Yasar Guler said in a written interview...

June 28, 2024 5:09 PM

Turkey removed from FATF money laundering grey list in boost to standing

The international crime watchdog Financial Action Task Force (FATF) removed Turkey from its "grey list" of countries that require special scrutiny on Friday, in a boost to the country's economic turnaround plan. Turkey was downgraded to the "grey list" in 2021 on concerns about money laundering and terrorist financing. The latest move came after an FATF team recently held meetings with Turkish authorities to assess progress in addressing those worries. Turkey has made "significant progress" in...

September 16, 2024 6:34 PM

G7 Summit: PM Modi’s “delightful conversation” with leaders of Turkey, UAE, Brazil; meets Jordan King

On the sidelines of the G7 Summit in Italy, Prime Minister Narendra Modi interacted with the leaders of Turkey, the UAE, Brazil and Jordan and struck a pose for the camera along with them on Friday. PM Modi had a "delightful conversation" with Turkish President Recep Tayyip Erdogan, UAE President Mohammed bin Zayed Al Nahyan, as well as the President of Brazil Luiz Inacio Lula da Silva. All the four leaders also posed for the camera and got a picture clicked at the Summit as well, which PM Mod...

May 3, 2024 1:49 PM

Turkey halts trade with Israel over Gaza crisis

Citing the escalating humanitarian situation in Gaza, Turkey has halted all exports and imports to and from Israel, the Turkish Ministry of Trade announced, as per Al Jazeera's report. "Export and import transactions related to Israel have been stopped, covering all products," the ministry said in a statement on Thursday. "Turkey will strictly and decisively implement these new measures until the Israeli Government allows an uninterrupted and sufficient flow of humanitarian aid to Gaza." The ...

April 9, 2024 3:53 PM

Turkey imposes export restrictions on Israel until Gaza ceasefire

Turkey will restrict exports of a wide range of products to Israel, including steel and jet fuel, until a ceasefire is declared in Gaza, the Turkish Trade Ministry said on Tuesday, in Ankara's first significant measure against Israel after six months of war. Turkey has denounced Israel for its campaign on Gaza, which was launched following Palestinian militant group Hamas' Oct. 7 rampage. Ankara has called for an immediate ceasefire, supported steps to try Israel for genocide, and sent thousand...

September 16, 2024 5:03 PM

Opposition secures major victories in Turkey’s local elections, dealing blow to Erdogan

In a significant blow to President Recep Tayyip Erdogan of Turkey, the main opposition party secured substantial victories in Sunday's local elections, maintaining control over crucial cities and making substantial gains elsewhere, according to preliminary results, The Washington Post reported. The results showcased the Republican People's Party (CHP) retaining its grip on key urban areas, dealing a setback to Erdogan's ambitions of reclaiming control over these pivotal territories. With nearl...