Tuesday, May 7, 2024

Informed Comment daily updates (05/07/2024)

 


Turkey Suspends Trade with Israel over Gaza: Solidarity or Politics?

Turkey Suspends Trade with Israel over Gaza: Solidarity or Politics?

Turkey, Israel, boycott, Gaza



excerpt: 

Istanbul (Special to Informed Comment; Feature) – On Thursday, Turkey announced the suspension of all trade with Israel, citing the “worsening humanitarian tragedy” in the Gaza Strip as the reason.

The Turkish Ministry of Trade said: “Export and import transactions related to Israel have been suspended for all products. Turkey will implement these new measures strictly and decisively until the Israeli Government allows an uninterrupted and sufficient flow of humanitarian aid to Gaza.”

This move follows a previous trade restriction announced last month, during which Turkey restricted exports in 54 categories, including iron and steel products, jet fuel, construction equipment, machinery, cement, granite, chemicals, pesticides, and bricks.

In 2023, trade between Turkey and Israel amounted to $6.8 billion, with 76% representing Turkish exports to Israel. According to the Turkish Statistical Institute (TÜİK), Israel ranked 13th on Turkey’s list of export destinations in 2023, with $5.4 billion in exports.

Turkish exports played a crucial role in Israel’s economy. Before the embargo, Turkey had been Israel’s largest steel and cement exporter. Azerbaijani oil and even barbed wire were shipped to Israel through Turkish ports. Additionally, Zorlu Holding, a Turkish company, produced 7 percent of Israel’s annual electricity.

A Move to Regain Domestic Support?

During the campaign for the elections held on March 31, Erdoğan’s governing Justice and Development Party (AKP) faced criticism for maintaining trade relations with Israel despite the ongoing conflict in Gaza.







Romney Admits Push to Ban TikTok Is Aimed at Censoring News Out of Gaza

Romney Admits Push to Ban TikTok Is Aimed at Censoring News Out of Gaza

A conversation between Secretary of State Antony Blinken and the Republican senator offered an “incredible historical document” showing how the U.S. views its role in the Middle East. By Julia Conley ( Commondreams.org ) – A discussion between U.S. Secretary of State Antony Blinken and Sen. Mitt Romney over the weekend included what one critic […]

Media Coverage of Campus Protests focuses on Spectacle, rather than Substance

Media Coverage of Campus Protests focuses on Spectacle, rather than Substance

By Danielle K. Brown, Michigan State University | – Protest movements can look very different depending on where you stand, both literally and figuratively. For protesters, demonstrations are usually the result of meticulous planning by advocacy groups and leaders aimed at getting a message out to a wider world or to specific institutional targets. To […]







Old posts you may have missed

Israel Bans Al Jazeera Journalists, Network, Joining Syria and Iran as Repressive Regime

Israeli Violations against Journalists in Palestinian West Bank Multiply

Why are U.S. Sanctions against Iran’s Oil Exports Ineffective?

Tens of Thousands of Israelis Demonstrate against Netanyahu, Demand Hostage Exchange Deal, New Elections

Why Scapegoating the UN Relief and Works Agency — Which Helps Palestinians — Must Stop

New EPA Rules will force Fossil Fuel Power Plants to cut Pollution

Netanyahu as Lord of the Flies: He has wounded, sickened or starved all 600K Palestinian Children in Rafah




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

POLITICO Nightly: MAGA’s deep divide over spending

By  Ian Ward Presented by The Campaign for Sustainable Rx Pricing MAGA GOP CONTINUE TO PROVE THEIR INABILITY TO GOVERN, JEOPARDIZING THE NAT...