Saturday, May 4, 2024 - The Republic of Turkey says it will not resume trade with Israel, worth $7 billion a year until a permanent ceasefire and humanitarian aid are secured in Gaza.
With this move announced Friday, May 3, Turkey becomes the
first of Israel's key partners to halt trade over the conflict.
"We decided to stop
exports and imports to and from Israel until a permanent ceasefire is achieved
(in Gaza) and humanitarian aid is allowed without interruption," the
minister Bolat said.
Turkey is negotiating "with our Palestinian brothers on
alternative arrangements to ensure that they are not affected by this
decision", he added while announcing April trade figures.
Israel's Foreign Minister Israel Katz criticised Turkish
President Tayyip Erdogan's move, saying it breaks international trade
agreements and was "how a dictator behaves".
The militant group Hamas, which rules Gaza, praised the
decision as brave and supportive of Palestinian rights.
Last month, Turkey curbed exports of steel, fertiliser and
jet fuel among 54 product categories over what it said was Israel's refusal to
allow Ankara to take part in aid air-drop operations for Gaza.
All remaining trade, which amounted to $5.4 billion in
Turkish exports and $1.6 billion in Israeli imports last year, is now halted.
Top Turkish exports to Israel are steel, vehicles, plastics,
electrical devices and machinery, while imports are dominated by fuels at $634
million last year, Turkish trade data show.
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