Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 30, 2020

Saudi Arabia Goes Sour on Turkish Goods Amid Spat

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
MSCI World
--
SAB Events & Governance Now Media Ltd.
--

Turkey's exports to Saudi Arabia fell 15% in September versus the same period last year, the third straight month of declines, amid an unofficial boycott of Turkish goods by authorities in the kingdom. Preliminary data from the Turkey Exporters' Assembly suggests October's drop in shipments was even bigger. A late November phone call between President Recep Tayyip Erdogan and Saudi Arabia's King Salman signaled a possible thaw in ties, and interviews in Riyadh suggest curbs on the sale of products made in Turkey are being eased.

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search