Turkish business circles warn Saudi Arabia against blocking exports to it...

Turkish business circles warn Saudi Arabia against blocking exports to it...
Turkish business circles warn Saudi Arabia against blocking exports to it...

ANKARA: Major business circles in Turkey said that the Saudi authorities have stepped up their measures against the country’s exports to the kingdom, warning that this harms global supply chains.

In a statement published on Saturday, the heads of the eight largest Turkish business associations said that they had received complaints from Saudi companies that the kingdom’s authorities forced them to sign letters obliging them not to import goods from Turkey, and complained of excluding Turkish contractors from major Saudi deals.

The Turkish associations referred to the warning issued last month by AB Muller Maersk Group, the largest container shipping company in the world, about a possible disruption in global supply chains, and also to the tweet of Ajlan Al-Ajlan, Chairman of the Council of Saudi Chambers of Commerce, in which he called for a boycott of goods. Turkish.

“This issue has gone beyond bilateral economic relations and has become a problem related to global supply chains,” said the joint statement signed by industry leaders, prominent exporters and businessmen, contractors and trade union officials, reported by Bloomberg News.

The statement added that “any official or informal initiative to disrupt trade between the two countries will have negative repercussions on our trade relations, and will harm the economies of the two countries and their people.”

Turkey has not ruled out resorting to the World Trade Organization. (Dpa)

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