Turkey Halts All Trade With Israel: Officials
I woke up this morning to the news that Turkey has decided to halt all trade with Israel. This decision, according to two Turkish officials, comes amidst the escalating tensions between the two nations over the conflict in Gaza. It seems that President Recep Tayyip Erdogan is utilizing this move to garner support among conservative voters in Turkey, especially after his party’s recent losses in various mayoral elections.
Trade between Turkey and Israel has been significant, with the two countries having a trade worth $6.8 billion in 2023. The bulk of this trade consisted of Turkish exports to Israel, with iron and steel being the most significant export from Turkey to Israel in 2023.… Continue reading