On Thursday, Turkey reportedly made the decision to halt all trade with Israel as a form of protest against the ongoing conflict in Gaza. While the Turkish government, led by President Recep Tayyip Erdogan, has not officially confirmed this action, it has sparked reactions from Israeli officials who are concerned about the potential impact.
In 2023, Israel and Turkey engaged in trade amounting to $6.8 billion, with the majority of goods being Turkish exports, as reported by Bloomberg News. Israeli Foreign Minister Israel Katz criticized Erdogan's actions, accusing him of violating agreements by blocking Israeli imports and exports through ports. Katz described this move as dictatorial and harmful to both the Turkish people and business community, while also disregarding international trade agreements.
