Turkey could restart trade with Israel "if peace is permanent", Nail Olpak, head of the Turkish Foreign Economic Relations Board (DEIK), said on Tuesday.
Turkey severed trade with Israel last year over its war in Gaza © Mena Today
Turkey could restart trade with Israel "if peace is permanent", Nail Olpak, head of the Turkish Foreign Economic Relations Board (DEIK), said on Tuesday.
Turkey severed trade with Israel last year over its war in Gaza with the Palestinian militant group Hamas. This week Israel and Hamas began carrying out a complex ceasefire deal.
Answering reporters' questions in Istanbul, Olpak also said DEIK has heard reports of payment issues for goods exported to Russia via Kazakhstan and Kyrgyzstan, without elaborating.
Western countries imposed record sanctions on Russia after it invaded Ukraine in 2022. Turkish exporters to Russia have since experienced some issues receiving payments.
Olpak also said the board conveyed a request to Finance Minister Mehmet Simsek to reduce or remove the obligation for exporters to sell 30% of foreign currency revenues to the central bank.
In June last year, the central bank lowered the ratio of foreign exchange revenues that exporters are required to sell to it to 30% from 40%, as its reserves continued to rise.
Reporting by Ebru Tuncay
An Israeli airstrike on Sunday killed a senior officer of the Hamas-run Palestinian internal security service in the Gaza Strip and an associate as they travelled in a vehicle through Deir Al-Balah in central Gaza, medics and police officials said.
On Friday, the United Nations General Assembly handed High Commissioner for Human Rights Volker Türk a fresh four-year mandate, ignoring clear opposition from the United States, Russia, and Israel.
President Donald Trump said on Saturday that Israeli Prime Minister Benjamin Netanyahu will visit the U.S. next week.
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