Middle EastTurkish exporters re-route goods to dodge unofficial Saudi trade blockade, traders say
Marwa RashadCeyda CaglayanNadine AwadallaMarwa Rashad
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The Maersk Line container ship Maersk Batam sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey August 10, 2018. REUTERS/Murad Sezer
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Some Turkish exporters are re-routing food, clothing and other goods to circumvent a months-long unofficial blockade by Saudi Arabia that has reduced trade between the regional rivals to record lows, according to exporters and traders.
Production in nearby countries allows exporters to obtain customs documents and ditch Made in Turkey product tags, allowing goods to enter Saudi Arabia, exporters, traders and a diplomat told Reuters.
10 Apr 2021 / 09:00 H. Exporters act to ditch Made in Turkey tags Unofficial boycott began last year on political grounds Turkish-Saudi tensions worsen since 2018 Khashoggi murder Ankara raised boycott issue at WTO meeting this week (Adds WTO meeting, trade data in March, Bulgaria and Serbia role)
By Nadine Awadalla, Ceyda Caglayan and Marwa Rashad
DUBAI/ISTANBUL, April 1 (Reuters) - Some Turkish exporters are re-routing food, clothing and other goods to circumvent a months-long unofficial blockade by Saudi Arabia that has reduced trade between the regional rivals to record lows, according to exporters and traders.
Production in nearby countries allows exporters to obtain customs documents and ditch Made in Turkey product tags, allowing goods to enter Saudi Arabia, exporters, traders and a diplomat told Reuters.
UPDATE 1- Black market emerges to dodge unofficial Turkish-Saudi trade blockade thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
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DUBAI/ISTANBUL/RIYADH (Reuters) - Some Turkish exporters are rerouting food, clothing and other goods to circumvent a months-long unofficial blockade by Saudi Arabia that has sent trade to record lows, exporters and traders said.
FILE PHOTO: The Cosco Shipping Danube, a container ship of the China Ocean Shipping Company (COSCO), sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey August 11, 2018. REUTERS/Murad Sezer
Production in nearby countries allows exporters to obtain customs documents and to ditch “Made in Turkey” product tags, allowing goods to enter the kingdom, exporters, traders and a diplomat told Reuters.
Turkish exporters re-route goods to dodge unofficial Saudi trade blockade, traders say leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.