Business news from Ukraine

Business news from Ukraine

Turkey announced complete severance of economic and trade ties with Israel

30 August , 2025  

Turkish Foreign Minister Hakan Fidan announced at an emergency parliamentary session that Turkey was severing all economic and trade ties with Israel. He also confirmed that Turkish airspace would be closed to government and arms flights from Israel and that Israeli ships would be banned from entering Turkish ports. Turkish ships will also no longer be able to enter Israeli ports.
Fidan stressed that the decision itself is already being partially implemented: Turkish port authorities have begun to require ships to confirm that they are not affiliated with Israel and are not transporting weapons.

Earlier, in May 2024, Ankara suspended direct trade relations with Tel Aviv in response to its actions in Gaza.
In 2023, trade between the countries reached $7 billion. Turkey accuses Israel of genocide in Gaza, which Israel denies. Ankara has also begun preparations for humanitarian flights to deliver aid to Palestine. Fidan made this announcement, emphasizing that the president’s approval has already been obtained and that they are now waiting for permission from Jordan.

Turkey is making a decisive geopolitical shift, completely severing economic and logistical ties with Israel. The actions cover the air, sea, and trade sectors and deepen the rift in relations between the countries, highlighting the growing tensions throughout the region.

 

,