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“Israel” will abolish free trade agreement with Turkey, says Smotrich

“Israel” will abolish free trade agreement with Turkey, says Smotrich

 


Israel's finance minister says Erdogan's suspension of imports to “Israel” constitutes a “declaration of economic boycott.”

  • Smotrich
    Israeli politician Bezalel Smotrich gestures as he speaks during a conference in occupied Al-Quds, Sunday, March 7, 2021. (PA)

“Israel” would end its free trade agreement with Turkey and impose 100% tariffs on other Turkish imports in response to Turkish President Recep Tayyip Erdogan's decision to cease exports to the Israeli entity, Israeli Finance Minister Bezalel Smotrich announced Thursday.

Smotrich said the proposal would be presented to the Israeli cabinet for approval.

Earlier this month, Turkey said it would suspend all trade with “Israel” amid the ongoing Israeli war against Gaza, citing a “worsening humanitarian tragedy” in the strip.

“Exports and imports to and from Israel have been suspended,” the Turkish Commerce Ministry said in a statement, adding that “Turkey will apply these new measures…until the Israeli government allows an uninterrupted flow of humanitarian aid to Gaza.

The Ministry of Commerce clarified that companies have three months to fulfill existing orders via third countries.

Erdogan said the decision was intended to “force Israel to agree to a ceasefire and increase the amount of humanitarian aid coming in” to Gaza.

“We have only one objective here, that of forcing the Netanyahu government, which has become uncontrollable thanks to the unconditional military and diplomatic support of the West, into a ceasefire,” he stressed.

The Turkish president also explained that “if a ceasefire is declared and an adequate amount of humanitarian aid is allowed to enter Gaza, the objective will be achieved.”

In a statement, Smotrich said that “Erdogan's announcement to stop imports to Israel constitutes a declaration of economic boycott and a serious violation of international trade agreements to which Turkey is committed.”

He stressed that the Israeli response would only persist as long as Erdogan remained in power.

“If, at the end of Erdogan's term, Turkish citizens elect a sane leader who does not hate Israel, it will be possible to restore the trade route with Turkey,” said the Israeli Finance Minister.

The Association of Israeli Manufacturers supported Smotrich's plan, calling it an “appropriate response” to prevent Erdogan from harming the Israeli economy without consequences.

Read more: Netanyahu's 'genocidal methods' would make 'Hitler jealous': Erdogan

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