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Business Matters: Turkey says it is stopping trade with Israel over the war in Gaza

Turkey says it is stopping trade with Israel over the war in Gaza

03/05/2024 GMT

BBC World Service - Business Matters, Turkey says it is stopping trade with Israel over the war in Gaza

Trade Ministry has said that all imports and exports will be suspended

Turkey says the reason for them halting any trade is because of the worsening humanitarian situation in the Palestinian territory.

Last month, Ankara introduced partial restrictions citing being refused permission to drop aid into Gaza. Their response was to introduce restrictions on trade. Now, it appears that all imports and exports from Israel have been blocked. The country’s Foreign Minister, Israel Katz said this was "how a dictator behaves" "and they will lose."

Also, in the programme, we look at Pandemic-era fitness darling Peloton is showing more signs of trouble, as the CEO steps down and announcing staff redundancies.


(Picture: Turkish President Erdogan addresses his supporters ahead of the local elections in Istanbul. Picture credit: Reuters)

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Turkey says it is stopping trade with Israel over the war in Gaza

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