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Turkish President, Recep Tayyip Erdogan has said that the country’s decision to stop trade with Israel had one singular purpose, to compel the Israeli government into a ceasefire in the Gaza Strip.

In the presidencys website, Erdogan made the remarks on Friday during a meeting with the board of directors of the Independent Industrialists and Businessmen Association in Istanbul.

The president also explained that the government will coordinate and consult with the business community to manage the consequences of halting trade with Israel.

According to the Turkish Trade Ministry, the country on Thursday halted all trade activities with Israel due to the latters non-stop violence against Palestinians in the Gaza Strip.

Erdogan also remarked that this decision would set a precedent for other countries unsettled by the current situation.

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