He estimated the volume of trade turnover between the countries at $9.5 billion.
“The events that unfolded between Israel and Palestine are unacceptable. We were forced to take action and took the step that was required. We had a trade turnover of $9.5 billion, now we have stopped it,” Turkish President Recep Erdogan announced.
Today, the Turkish Ministry of Trade announced that export-import operations related to Israel – completely stopped.
The day before, the Turkish Ministry of Commerce announced a complete halt to trade with Israel. The ministry noted that Ankara will “strictly and resolutely implement these measures until the Israeli government allows a continuous and sufficient flow of humanitarian aid to Gaza.”
Israeli Foreign Minister Yisrael Katz accused Erdogan of violating international agreements following the decision to cut off trade with the country.
According to the Turkish Statistical Institute, trade between the two countries totaled $6.8 billion in 2023, of which 76% was Turkish exports. Back in September, Erdogan and Israeli Prime Minister Netanyahu agreed to work to bring it “at least to $15 billion.”
