Turkey’s Ministry of Commerce has announced that it has proceeded to the second phase of its measures taken against Israel, which has continued its attacks on Gaza in Palestine since October 7, 2023, halting imports and exports of all product categories with the country. The ministry stated that the measures will remain in effect until Israel allows an uninterrupted and adequate flow of humanitarian aid to Gaza. In 2023, the countries had a trade volume of $6.8 billion.
Meanwhile, the Ministry of Commerce and the Palestinian Ministry of National Economy continue to cooperate to ensure that occupied Palestine is not affected by these restrictions.
Referring to its previous measures against Israel announced in April, the Ministry of Commerce stated, “Although we emphasized that restrictions would remain in effect until Israel declared a ceasefire in Gaza and allowed a sufficient flow of humanitarian aid, Israel continued its aggressive stance".
As of April 9, Turkey’s Ministry of Commerce has restricted the exports of 54 product groups, including rebar, wire rod and flat steel products, as well as steel pipes and fittings, profiles, iron and steel construction materials, iron-steel wire, cement, aviation and jet fuel and metal processing machinery, to Israel, as SteelOrbis previously reported.