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.
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.
Erdogan has come under notable pressure from the opposition for not curtailing trade with Israel. Contrary to opposition claims, trade with Israel did not increase after hostilities began in 7 October.
Some ultra-Islamist groups are pushing the administration further, clamoring for a total trade ban, as well as boycotts against multinational with Jewish shareholders.
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