Bank Of Baku

Türkiye loses USD 9 bln annually due to severing trade ties with Israel

Türkiye loses USD 9 bln annually due to severing trade ties with Israel
# 15 September 2025 18:04 (UTC +04:00)

"I believe that Israel should also be subjected to economic pressure. Previous experiences show the effectiveness of such measures," said Turkish President Recep Tayyip Erdogan at the Arab-Islamic summit in Doha, APA reports.

According to him, Türkiye has suspended all trade relations with Israel for a year and a half.

"As a result, we are losing $9.5 billion annually," Erdogan said.

Daryanur Jafarova

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