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
Israel said on Wednesday it had killed Hamas's newly appointed armed wing chief in Gaza, days after it killed his predecessor, while intensifying military pressure in Gaza and expanding operations in Lebanon.
Israel said on Tuesday it had attacked Hamas’ new armed wing chief, who it said was appointed just days earlier after Israel killed his predecessor, as it steps up military pressure in Gaza and expands ground operations in Lebanon.
Israel's largest defence contractor is developing hardware to combat explosive Hezbollah drones that have killed Israeli troops in southern Lebanon, including through the potential use of laser-based defence systems, its CEO told Reuters on Tuesday.
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