May 09, 2024 12:03 GMT
Gov't Approves Limited Renewal Of Exports To Israel-Globes
TURKEY
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There appears to have been some movement in Turkey's halt on trade with Israel. The Turkish Trade Ministry announced the cessation of trade less than a week ago in opposition to Israel's action in Gaza, expanding on a previous halt to trade in construction equipment. However, earlier Israel's Globes News reported that the Turkish gov't has approved a limited renewal of exports to Israel for certain companies.
- Israeli Foreign Minister Israel Katz posts on X: "Erdogan backtracked and canceled many of the trade restrictions, and the lesson is clear: We must not surrender to the threats of a dictator, and we must create alternatives and not depend on the Muslim Brotherhood guy who can stop it all at any moment.”"
- Reuters reporting that a Turkish Trade Ministry source stating that Turkey is to "allow companies with Israel deals to export there via third countries for three months after the trade halt", but adds that "a relaxation of the export ban is out of the question."
- Globes reports: "Turkey's Ministry of Trade has sent letters to factories in the local construction industry that worked with Israel until the export ban of 54 items imposed exactly one month ago, and informed them today (Thursday) of a temporary approval to resume supplies to Israel, [...] This is [...] temporary and only for factories that have already worked with Israel." The article claims the shift came following a meeting between the Turkey-Israel Chamber of Commerce and Trade Ministry officials,
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