TURKISH TEXTILE EXPORTERS CONTINUE TO SUFFER FROM RUSSIA-TURKEY DIPLOMATIC FREEZE
February 1st, 2016
The ongoing diplomatic row between Turkey and Russia over the Syria civil war continues to take a bite out of Turkish textiles exports, a bilateral trade which had already been declining.
After Turkey downed a Russian jet near its border with Syria in November, Moscow introduced an array of economic sanctions, including tightened custom checks on textile imports. This has resulted in Turkish trucks stuck at the border, unpaid invoices, and order cancellations.
“We cannot export at the moment. They’re not accepting,” said Soykan Gülseçen, general manager ...
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