Turkiye cuts off all trade ties with Israel

Ankara: Turkiye has halted exports and imports to and from Israel, the Turkish Ministry of Trade says, citing the “worsening humanitarian tragedy” in Gaza.

“Export and import transactions related to Israel have been stopped, covering all products,” the ministry said in a statement on Thursday.

“Turkiye will strictly and decisively implement these new measures until the Israeli Government allows an uninterrupted and sufficient flow of humanitarian aid to Gaza.”

The announcement came after Israel’s foreign minister said Turkish President Recep Tayyip Erdogan was breaking agreements by blocking ports from handling Israeli imports and exports.

“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 said he instructed the Ministry of Foreign Affairs to work to create alternatives for trade with Turkiye, focusing on local production and imports from other countries.

The two countries had a trade volume of $6.8bn in 2023.

Turkiye last month imposed trade restrictions on Israel over what it said was Israel’s refusal to allow Ankara to take part in airdrops of aid for Gaza and for Israel’s war on the enclave.

Asked about Turkiye’s ongoing trade with Israel despite the harsh rhetoric from Ankara, Erdogan said last month that Turkiye no longer continued “intense trade” with Israel, adding, “That is done.” He did not indicate Ankara had cut off all trade with Israel, however.

SOURCE: ALJAZEERA