Turkey's Erdogan to take economic measures against Israel over Hamas war
Sanctions include the removal of Israel from Turkey's list of export destinations.
In a notable shift from its primarily diplomatic anti-Israel stance, Turkey has decided to take direct economic actions against Israel. While Turkey's President Recep Tayyip Erdogan had previously targeted Israel in the diplomatic arena, the latest move involves the removal of Israel from Turkey's list of export destinations, Hebrew media reported on Sunday.
Since the onset of the Israel-Hamas war after October 7, Turkey's anti-Israel steps were concentrated in diplomatic spheres, with Erdogan regularly criticizing Israel. The recent development, however, goes beyond rhetoric, with Ankara now actively affecting trade between the two nations.
The significant implication of this decision is that Turkey will discontinue subsidizing trade and withdraw support for businesses engaged in operations with Israel. Furthermore, it serves as a clear message to Turkish business owners that state assistance will not be provided if they choose to engage in trade with Israel.
This strategic move follows Israel's placement as 13th on Turkey's list of exports in 2023, despite the war's impact, accounting for goods valued at $5.42 billion, approximately 2.1% of total exports. This marks a noticeable decrease from the $7 billion worth of exports in 2022.
Erdogan's anti-Israel rhetoric
This economic decision comes in the wake of Erdogan's strong anti-Israel rhetoric, with explicit support for Hamas and accusations of Israeli war crimes.Turkey's role as a safe haven for Hamas leadership, along with recent incidents like the detention of Israeli soccer player Eden Kartsev and the deportation of Sagiv Yehezkel, showcases the intensification of tensions between the two nations.
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