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Ismail Demir, a long-time loyalist of Turkish President Recep Tayyip Erdogan and sanctioned by the US, has been appointed chairman of the board of directors of Turkey's leading iron and steel manufacturer. Demir, listed under the US Countering America's
Turkey has decided to place the long-range S-400 missile system it purchased from Russia's arms export agency Rosoboronexport in a storage facility rather than activating it and deepening the rift it faces with the US and risking further sanctions. The
Sanctions and export restrictions imposed on Turkey's ambitious defense industry have taken a toll on the development of sophisticated military hardware, which suffers from the lack of domestically produced components, in particular critical engines and
Greece welcomes US sanctions against Turkey for purchasing Russian missile system Search for: “Greece, a member-state of NATO, is observing with satisfaction today’s announcement of the US Department of Treasury related to sanctions against the Turkish Republic’s Directorate of Defense Industry, the directorate’s president, as well as other officials, in application of Section 231 of the Countering America’s Adversaries Through Sanctions Act (CAATSA),” the Foreign Ministry said in a press release. Specifically, the targeted individuals are İsmail Demir, Mustafa Alper Deniz, Serha...