HomeEconomyTürkiye leads in annual exports to Palestinian markets: Official

Türkiye leads in annual exports to Palestinian markets: Official

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Türkiye has the most important share in whole annual exports to Palestinian markets when Israel is excluded, a Palestinian official mentioned on Monday.

Rashad Yousef, director of insurance policies and planning on the Ministry of National Economy, advised Anadolu Agency (AA) that commerce with Türkiye has grown considerably during the last 5 years concerning exports and imports.

Over the final 5 years, he mentioned Türkiye has grow to be the second supply of products in Palestinian markets after Israel.

“If we exclude Israel, Türkiye is the largest source of goods and products in the Palestinian market,” the Palestinian official mentioned.

He famous that the Palestinian-Turkish commerce quantity in 2022 exceeded $900 million, representing a 12% improve over 2021 ranges.

“Türkiye doesn’t only lead in exports to Palestine; Ankara also contributed to increasing the share of Palestinian products in the Turkish market,” Yousef defined.

He famous that the primary Turkish exports to Palestine are iron, wooden, vegetable oil, tobacco, meals merchandise and gadgets from plastic industries.

Border crossings

On the difficulty of border crossings, the Palestinian official mentioned there is no such thing as a Palestinian management over them, stressing that each one imported items into Palestine should cross by way of Israel.

“Israel has complete control over the border crossings as Palestinian imports arrive at Haifa or Ashdod (Israeli) seaports, and the goods are then transported to Palestinian territories via trucks,” Yousef mentioned.

He mentioned Türkiye is a multi-industry nation that Palestine wants, however “Israeli restrictions and economic agreements restrict partnerships in the trade exchange between Palestine and Türkiye.”

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Source: www.dailysabah.com

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