Print

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 decision comes after Israel’s Foreign Minister accused Turkish President Recep Tayyip Erdogan of violating agreements by obstructing Israeli imports and exports from ports.

“This is how a dictator behaves, disregarding the interests of the Turkish people and businessmen, and ignoring international trade agreements,” Israel Katz posted on X.

Katz revealed that he has directed the Ministry of Foreign Affairs to explore alternative trade options with Turkey, focusing on domestic production and imports from other nations.

The trade volume between the two countries amounted to USD 6.8 billion in 2023.

Last month, Turkey imposed trade restrictions on Israel, alleging Israel’s obstruction of Ankara’s participation in Gaza aid airdrops and its military actions in the region.

When questioned about Turkey’s continued trade relations with Israel despite Ankara’s strong rhetoric, Erdogan responded last month by stating that Turkey no longer engages in “intense trade” with Israel, asserting, “That is done.” However, he did not explicitly state that Ankara had completely ceased all trade with Israel.

(Inputs from ANI)

RELATED ARTICLES

10 hours ago | EY IESA report

India’s semiconductor market projected to cross USD 200 billion by 2035: EY-IESA report

India's semiconductor market is projected to grow more than threefold from nearly 64 billion US dollars in 2026 to 200 billion US dollars by 2035, according to an EY-IESA report. The report, titled 'Semicon India 2.0: From capacity creation to ecosy...

19/09/26 | 2:03 pm | Indian Startups

Nearly half of recognised startups based in Tier-2, Tier-3 cities: PM Modi

Prime Minister Narendra Modi on Saturday said India's startup ecosystem is no longer confined to major cities, with youth from villages, towns and smaller cities playing an increasingly important role in the country's new economy. Addressing the 20t...

19/09/26 | 1:13 pm | Central Public Sector Enterprises

NLMC recommends monetisation proposals worth over ₹5,000 crore

The National Land Monetization Corporation Limited (NLMC) has recommended proposals involving assets worth more than ₹5,000 crore for monetisation as part of efforts to accelerate the utilisation of surplus land and building assets owned by Central...