( picture: credit, Veterans Today)
Will rising tensions between Israel and Turkey impact economic ties?
According to a piece published by AP, Israeli tour operators have been canceling charter flights to Antalya, a popular Turkish resort town. According to the Jerusalem Post, the Turkish government has been considering introducing visa requirements for Israelis entering the country. A free entry policy into Turkey is currently applied to Israeli tourists. In addition, Recep Tayyip Erdogan, Turkey's prime minister, announced that trade, including defense industry contracts would be suspended. Bilateral trade between Turkey and Israel peaked at $3.442 billion in 2010, reported Hurriyet Daily News. Relations between the two countries have taken a bad turn after Israeli commandos killed nine Turkish activists on a Gaza-bound aid flotilla in May 2010. Turkey- Israel’s primary ally in the Middle East-was angered by Israel's refusal to apologize for raiding the ship.