ISTANBUL: Saudi Arabia formally suspended imports of meat, eggs and other products from Turkey earlier this month, the Turkish exporters’ union said, after a months-long informal boycott of Turkish goods over political tensions between the two regional rivals.
Ankara says it has been told by Riyadh that there is no formal boycott, but the exporters’ union said it had been informed by Turkey’s trade ministry that imports of some Turkish goods had been suspended earlier this month. Turkey’s Exporters Assembly says exports to Saudi Arabia fell 16% in the first 10 months of this year to US$2.23 billion .
Both countries have reason to calm tensions as they brace for change under a new US administration. President-elect Joe Biden, who has sharply criticised Erdogan, will face pressure from Congress to sanction Turkey for buying Russian defence equipment and has pledged to reassess ties with Saudi Arabia.
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