09/04/24 | 3:53 pm | Gaza | Israel | Palestine | Turkey

Print

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 thousands of tons of aid for Gazans.

However, Ankara also maintained commercial ties with Israel despite its strong rhetoric, prompting a domestic backlash.

In a statement following Ankara’s announcement that it would be taking measures after Israel rejected its request to take part in an aid air-drop, the ministry said the restric tions would take effect as of Tuesday.

It said the measures would apply to the export of products from 54 different categories, including iron, marble, steel, cement, aluminium, brick, fertilizer, construction equipment and products, aviation fuel, and more.

“This decision will remain in place until Israel, under its obligations emanating from international law, urgently declares a ceasefire in Gaza and allows the unhindered flow of sufficient humanitarian aid into the Gaza Strip,” it said.

Shortly after the Israel-Hamas war started, Turkey and Israel pulled back their ambassadors. Tuesday’s move is the first significant measure taken by Ankara against Israel since the start of the conflict. President Tayyip Erdogan has faced growing criticism over his government’s commercial ties to Israel.

Police detained dozens of protestors demanding an end to the trade with Israel in Istanbul on Saturday. Authorities suspended two police officers involved in the incident, as the government works to restore popular support after a thumping opposition win in March 31 local elections.

Erdogan’s stance toward Israel and the conflict in Gaza was a key factor for some of his party’s losses in the vote, with the Islamist New Welfare Party (Yeniden Refah) increasing its support on the back of a more hardline stance on Gaza.

According to the data published by the Turkish Exporters Assembly (TIM), while trade with Israel has fallen since Oct. 7, exports to Israel have increased each month in 2024 so far, and were worth $423.2 million in March.

Total exports in the first quarter of the year amounted to $1.1 billion, down 21.6% year-on-year, TIM data showed.

(Reuters)

RELATED ARTICLES

4 hours ago | Bank Branches

Majumdar Calls for Faster Banking Expansion as 73% of Identified Northeast Villages Are Covered

Of the 9,479 identified villages in the Northeast, 6,905 (around 73 per cent) are now connected to a bank branch or India Post Payments Bank (IPPB), while 2,574 remain to be covered, Union Minister of State for Development of North Eastern Region and...

5 hours ago | bilateral cooperation

Jaishankar meets Georgian counterpart in Abu Dhabi, discusses trade, connectivity and regional developments

External Affairs Minister S Jaishankar on Wednesday met his Georgian counterpart Maka Botchorishvili in Abu Dhabi and discussed ways to deepen bilateral cooperation in areas including business, connectivity and culture. The meeting came as Jaishanka...

6 hours ago | Asian Cultural Ties

India’s Civilisational Journey Has Been a Story of Cultural Exchange: PM Modi

Prime Minister Narendra Modi on Wednesday said that India’s civilisational journey has, for centuries, been a story of cultural exchange, with centres of learning such as Nalanda facilitating the exchange of knowledge across Asia and Buddhist monks...