Following Turkey’s decision to suspend bilateral trade with Israel, exporters holding firm orders are exploring options to route their goods through third countries, as revealed by four export company owners in discussions with media.
The sudden halt, announced by Trade Minister Omer Bolat, has left exporters surprised and grappling with logistical challenges.
Minister Bolat emphasized that trade will not resume until a lasting ceasefire is achieved in the Gaza conflict, accompanied by unimpeded humanitarian aid to Palestinians.
The stance has left exporters facing disruptions, with goods stalled at customs and the need for alternative transit routes becoming imperative.
Expressing concern, one household goods exporter recounted the ordeal of grappling with customs procedures, noting the abrupt closure of systems prior to the official announcement of the trade suspension.
Similarly, a food exporter highlighted the impact on goods bound for Palestinian territories, which typically transit through Israeli customs. Exploring alternative channels through Egypt, Jordan, or Lebanon is being considered to mitigate the repercussions.
For a chocolate and confectionery exporter, the trade halt poses significant financial losses, particularly with products tailored for the Israeli market. The situation raises uncertainties regarding existing financial transactions with Israeli partners.
Turkey’s decision marks a significant development, as it becomes the first major trade partner of Israel to suspend exports and imports in response to the Gaza conflict.
