Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Ebola virus : Liberia shuts most border points

Read more

MEDIAWATCH

"What would you do?"

Read more

DEBATE

Too Late for Sanctions? Pressure Mounts on Russia over Ukraine (part 2)

Read more

DEBATE

Too Late for Sanctions? Pressure Mounts on Russia over Ukraine

Read more

FOCUS

As France’s Carrefour pulls out, what next for India’s retail market?

Read more

#TECH 24

Internet of Things

Read more

THE WORLD THIS WEEK

The World This Week - July 25th, 2014 (part 2)

Read more

REPORTERS

Halal tourism on the rise

Read more

THE WORLD THIS WEEK

The World This Week - July 25th, 2014

Read more

  • Israel warns of ‘prolonged’ campaign in Gaza

    Read more

  • Washington accuses Moscow of violating arms treaty, toughens sanctions

    Read more

  • Tripoli threatened by out of control blaze

    Read more

  • In pictures: From Gaza to Mosul, bittersweet end of Ramadan for Muslims

    Read more

  • France offers asylum to Iraqi Christians

    Read more

  • Moroccan police arrest French al-Qaeda recruiter

    Read more

  • French mayor files complaint against US father who risked kids’ lives on Mont Blanc

    Read more

  • French footballer Griezmann headed to Atletico Madrid

    Read more

  • Luc Besson’s sci-fi thriller ‘Lucy’ tops US box office

    Read more

  • Video: Slaviansk mourns mass grave victims

    Read more

  • France honours those lost on Air Algérie Flight AH5017

    Read more

  • Video: Ethiopia turns to wine to boost image, economy

    Read more

  • Thousands gather in Marseille in support of Israel

    Read more

  • As France’s Carrefour pulls out, what next for India’s retail market?

    Read more

  • Liberia tightens border controls to curb Ebola outbreak

    Read more

  • The centenary of Austria-Hungary’s calamitous last hurrah

    Read more

  • Nibali joins elite group with Tour de France win

    Read more

Middle east

Turkey announces new sanctions against Syria

Text by News Wires

Latest update : 2011-12-07

Turkey announced a new set of sanctions against Syria on Wednesday, a move that marks a significant deterioration in the relationship between the two former allies over Syria's deadly crackdown on pro-democracy protesters.

AFP - Turkey announced on Wednesday a new set of sanctions against Syria as ties between the two former allies strained further over the Damascus regime's deadly crackdown on opponents.

"We will impose 30 percent tax on goods coming from Syria," Customs and Trade Minister Hayati Yazici was quoted as saying by the private NTV television.

The Anatolia news agency did not give a precise tax rate but quoted the minister as saying that it would be in compliance with the standards set out by the World Trade Organisation (WTO).

"Both they (Syrians) and we are members of the WTO. We will not exceed the standard envisaged by the WTO," Anatolia quoted Yazici as saying.

After suspending a free trade pact with Ankara, Syria began imposing around 30 percent tax on some goods from Turkey, said the minister according to the agency.

The ministry was not immediately available for comment.

On November 30, Turkey announced a raft of punitive sanctions on President Bashar al-Assad's regime for its months-long deadly crackdown on anti-regime protests.

Among the initial measures, Ankara announced an immediate ban on transactions with the Syrian governement and its central bank, as well as a freeze on Syrian government assets in Turkey.

Damascus retaliated by suspending a 2004 free trade agreement reached with Ankara after long negotiations. It also raised import duties at the customs, increased fuel oil prices and delayed truck transports.

"Syria will pay a high cost for these sanctions," Yazici said.

Another measure announced by the minister is a ban on vehicles registered in Syria and over 20 years old.

Turkey has also been seeking alternative routes to bypass Syria for trade with the Middle East.

On Wednesday, Economy Minister Zafer Caglayan said the government was considering three alternative routes through Egypt's Alexandria, Lebanon and Iraq.

"Our Plans A, B, C are all ready," said Caglayan.

Frustrated by Syria's retaliatory measures, Caglayan had also signalled Turkey's additional sanctions could be even more severe.

Date created : 2011-12-07

  • TURKEY - SYRIA

    Turkey slaps sanctions on Syria

    Read more

  • SYRIA-TURKEY

    Turkish PM calls on Syria’s Assad to step down

    Read more

COMMENT(S)