Feedback | Wednesday, May 29, 2024

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)

Copyright © 2024 DD News. All rights reserved
Visitors: 2178461
Last Updated: 29th May 2024