Türkİye, Middle East

Turkish, Palestinian ministers ink protocol on economic cooperation in Istanbul

Framework for allowing uninterrupted flow of goods into Palestine approved

Emir Yıldırım  | 07.06.2024 - Update : 07.06.2024
Turkish, Palestinian ministers ink protocol on economic cooperation in Istanbul Turkish Trade Minister Omer Bolat (R) meets with Palestinian Economy Minister Mohammed al-Amur (L) in Istanbul, Turkiye on June 07, 2024.

ISTANBUL 

Turkish and Palestinian ministers inked a protocol on economic cooperation in Istanbul, according to a statement from Türkiye’s Trade Ministry on Friday.

Trade Minister Omer Bolat and Palestinian Economy Minister Mohammad Alamour agreed to establish more frequent visits under the High Council for Economic Cooperation and free trade between the two countries.

A framework within the signed protocol will allow the uninterrupted flow of goods into Palestine from Türkiye, and the duty-free quota for date exports was increased to 5,000 tons, according to the statement.

Bolat said that Türkiye has completely halted trade with Israel since May 2, and the situation will persist until a permanent and immediate cease-fire is achieved, and uninterrupted humanitarian aid is allowed into the war-torn region.

The two ministers will meet once again in three months as per the protocol and review the developments on the agreed-upon issues.

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