Turkey's Trade Surge with Palestinian Territories amid Israeli Ban

Turkey's exports to Palestinian territories surged sixfold to $571.2 million in the first nine months of the year, following a trade ban with Israel over its Gaza war. The increase happened largely after the ban, with Turkey denying continuing trade with Israel despite media reports suggesting otherwise.

In a significant economic shift, Turkey's exports to the Palestinian territories skyrocketed sixfold to $571.2 million within the first nine months following a halt in trade with Israel, according to recent data.

This dramatic increase, reported by the Turkish Exporters Assembly (TIM), marks a 526% rise in exports following Turkey's protest against Israel's actions in Gaza. Turkish opposition lawmaker Mustafa Yeneroglu has raised queries concerning this export boost and possible continued trade with Israel through Palestinian channels.

Despite allegations of covert trade, Turkey's Trade Ministry reaffirmed the cessation of Israeli trade since May, denying any backdoor dealings through Palestinian entities. Israel's conflict with Hamas in Gaza, involving deadly confrontations, has been pivotal in this economic maneuver by Turkey.

(With inputs from agencies.)