On Wednesday, Israeli President Isaac Herzog is scheduled to arrive in Ankara on a two day-trip for the first time after a decade. The meeting will address potential areas of cooperation and explore ways to deepen bilateral relations.
Turkey and Israel will seek ways to mend once close relations and overcome years of strained ties and discuss steps to improve cooperation. Trade links between the countries remained high throughout the years of tension and even reached a record level last year despite the tension.
The two leaders are expected to review all aspects of Turkish-Israeli relations and discuss ways to enhance cooperation, notably in energy, trade, and security. Both presidents will discuss recent international and regional developments, including Russia’s invasion of Ukraine, where both nations have intensified diplomatic efforts to mediate and end the conflict.
According to official data, trade between Turkey and Israel reached a record $8.4 billion last year, up from $6.2 billion in 2020. Turkish Statistical Institute (TurkStat) reports that exports to Israel increased 35% over the previous year to $6.4 billion, an all-time high. Imports jumped nearly 37% to $2.1 billion.
