In recent developments, Turkey has halted all trade transactions with Israel in response to the ongoing war in Gaza. This decision comes as a significant blow to both countries, given that their commercial exchange amounted to approximately $7 billion last year. The Turkish Trade Ministry announced the restrictions and called on Israel to increase the flow of humanitarian aid into Gaza.
The Israeli government has faced increasing pressure from various quarters to end the war in Gaza. Some countries have downgraded or severed diplomatic ties with Israel, while others have recalled their ambassadors amid public outcry over the rising death toll. The United States, Britain, and Germany have become more openly critical of Israel's conduct and restrictions on humanitarian aid to Gaza.
Colombia, Bolivia, and Belize broke diplomatic ties with Israel during the war. Jordan and Bahrain recalled their ambassadors in protest. The Biden administration has shown no sign of withdrawing military support for Israel but has warned against an Israeli invasion of Rafah.
Turkey is one of the biggest donors of humanitarian aid to Gaza, making it a significant player in the region. The Turkish government's decision to halt trade with Israel follows its accusation that Israeli forces prevented access to essential food, medical care, and supplies for the people of Gaza.
The war in Gaza has resulted in widespread destruction and loss of life. As of May 1, more than 34,600 Palestinians have been killed since the conflict began. Of those killed, about seven in ten were women and children.
Israel launched a military assault on Gaza on October 7 after Hamas militants killed at least 1,200 people in Israel and abducted more than 250 others. The Israeli bombardment has turned neighborhoods into rubble, with the threat of starvation looming.
The Turkish government's decision to halt trade with Israel is a significant development in the ongoing conflict. It remains to be seen how this move will impact both countries and the broader region.
