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Turkiye's Ministry of Trade announces all trade with Israel has been halted
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An official announcement published by the Ministry of Trade of Turkiye on 2 May 2024 states that all import and export transactions related to Israel have been stopped, covering all products. This latest measure is the "second phase" of measures taken by Turkiye against Israel, after an initial restriction on exports to Israel, which included 54 product groups, effective as of 9 April 2024.
With respect to customs operations, it is no longer permitted to register customs declarations in Turkiye where Israel is included as a country of shipment, destination or origin.
Contact Information |
For additional information concerning this Alert, please contact: Kuzey Yeminli Mali Musavirlik A.S., Istanbul
Ernst & Young LLP (United States), Turkish Tax Desk, New York
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Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert. |