Due to the ongoing crisis in Gaza, tensions between Israel and Turkey have reached a breaking point, and both nations have imposed trade restrictions on one another. This intensification begs the question: Is Israel and Turkey about to go to war?
The Trade War:
On April 9, 2024, Turkey announced restrictions on 54 types of products exported to Israel, including aluminum, steel, construction materials, jet fuel, and chemical fertilizers This move came in response to Israel’s military actions in Gaza, which Turkey strongly condemned as “war crimes” and “genocide”
Israel retaliated by preparing a ban on products from Turkey This tit-for-tat trade war is a significant development, as it marks a further deterioration in relations between the two countries.
Domestic Pressure:
The imposition of trade restrictions by the Turkish government is probably the result of internal pressure. The ruling party of President Recep Tayyip Erdoğan is under fire for continuing trade ties with Israel while denouncing its actions in Gaza, despite suffering defeats in local elections last month.
Following the Gaza offensive, Erdoğan, a vocal critic of Israel’s treatment of Palestinians, has increased his criticism. He has demanded an international intervention to put an end to the violence and accused Israel of “massacring” Palestinians.
Economic Impact:
Both Turkey’s and Israel’s economies are predicted to be significantly impacted by the trade war. Turkey exported $5. 4 billion worth of goods to Israel in 2023, and Turkish businesses will suffer if this market disappears.
Israel is also likely to suffer from the trade restrictions, as Turkey is a major market for its agricultural products. The economic consequences of the conflict could further strain relations between the two countries.
The Risk of War:
While the trade war is a serious development, it is not necessarily a precursor to war. However, the escalating rhetoric from both sides and the increasing domestic pressure on Erdoğan could increase the risk of a military confrontation.
International Concerns:
The world community is keeping a close eye on the situation because they fear that the conflict could turn into a larger regional war. The US, a significant ally of both Israel and Turkey, has urged both parties to exercise moderation.
The trade war between Turkey and Israel is a worrying development that could have serious consequences for both countries and the region. The risk of war cannot be ignored, and the international community must continue to urge both sides to exercise restraint and find a peaceful resolution to the conflict.
Additional Information:
- On April 14, 2024, Iran reportedly informed Turkey that it would support its operation against Israel. This development could further escalate tensions in the region.
- The ongoing conflict in Gaza has resulted in the deaths of thousands of Palestinians and hundreds of Israelis.
- The international community has repeatedly called for a ceasefire, but efforts to end the violence have so far been unsuccessful.
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