Trade Between Turkey And Russia Should Decline.”- United States Of America

Trade Between Turkey And Russia Should Decline.”- United States Of America

INTRODUCTION

Amidst the prolonged war between Russia and Ukraine, many countries, including Turkey, are assisting either of the nations by providing them arms, ammunition, armored vehicles, and missiles to keep the war going rather than trying to stop it. As the war has been going on for more than 1 year now, the United States of America has applied various sanctions and strict policies against Russia as it invaded Ukraine. These sanctions discouraged international trade to and from Russia with any country in the world.

With the application of these strong sanctions, multiple nations backed out of supplying weapons and other items to Russia and Ukraine, but Turkey didn’t stop and continued assisting Russia with all that it needed in the war as the supply from the Black Sea was not hindered. Despite numerous warnings from the US, Turkey was rigid and didn’t abide by any sanction, rule, or policy.

But now, as the G7 countries put pressure on Turkey, the nation has finally decided to back out of this trade with Russia.

TRADE DROP HAS BEEN NOTICED BETWEEN TURKEY AND RUSSIA – TURKEY TRADE DATA FALLS

As per the statement released by one of the senior US officials, Turkey has now stopped the trade of all the sanctioned goods to Russia. This has become possible only due to the pressure created by Washington and the G7 countries on Turkey. The

A US official also mentioned that constant monitoring would be done of Turkey Trade Data with Russia to make sure that the nation has stopped the trade of all sanctioned and restricted goods.

James O’Brien, who is the head of the US SDOSC, said that the Turkish government is very strict and clear that they will ban the exports of all sanctioned products from Turkey to Russia.

Till the year 2022, as per the Turkey Export Data report, the nation exported total goods worth USD 26.42 billion to Russia, including guns and revolvers, bombs and grenades, gun spare parts, armored vehicles, missiles, etc. worth millions of dollars.

Now that Turkey has agreed to stop the exports of these products to Russia, the dominance of these items will also decrease in Turkey Export Data for the year 2023.

CONCLUSION

At the end of this blog, we would like to state that the US is trying its best to stop this lethal war that has been going on between Russia and Ukraine for more than a year now. The sanctions it levied on Russia are for the betterment of the world and a way to stop this war at the earliest. Third countries like Turkey, Germany, and the UK, which are supplying war-related products to these nations, are fueling the war, which has been stopped to a certain extent now.

A close monitoring process would take place on Turkey Import Data as well as Turkey Trade Data as a whole to check if the nation is still trying to export or import any sanctioned item to and from Russia or Ukraine or not.

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