Israel to reopen its economic office in Turkiye

Israel to reopen its economic office in Turkiye Israel said it would reopen its economic and trade office in Turkiye as the countries work to restore diplomatic ties that have been strained for more than a decade, Report informs, citing Reuters.
Region
July 5, 2022 18:11
Israel to reopen its economic office in Turkiye

Israel said it would reopen its economic and trade office in Turkiye as the countries work to restore diplomatic ties that have been strained for more than a decade, Report informs, citing Reuters.

Both governments expelled ambassadors in 2018, though they are now looking to restore representation to the ambassador level. Israel cut back its economic representation as well in 2019.

Despite the years of acrimony, the countries have maintained trade and Turkiye remains one of Israel's most important partners. Bilateral trade was up 30% in 2021, reaching $7.7 billion.

"The reopening of the economic attache reflects Israel's commitment to deepening economic ties with Turkiye," said Israeli Minister of Economy Orna Barbivai. "We intend to soon promote a joint economic conference between the countries, after more than a decade."

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