Turkish government cuts all trade with Israel
On May 3, the Ministry of Trade of the Turkish government announced the suspension of all trade with Israel, amid the ongoing conflict.
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On May 3, the Ministry of Trade of the Turkish government announced the suspension of all trade with Israel, amid the ongoing conflict.
Turkey ‘stopped all trade with Israel’ as of Thursday, adding to already high-running tension between the once-close allies.
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Ankara says it will stop exports and imports with Israel until it allows uninterrupted humanitarian aid into Gaza
The decision comes after an unexpected hike of 500 basis points last month that increased rates from 45% to 50% as monetary tightening resumed after a one-month pause.