Turkish-Israeli economic relations in the new normalisation environment

Abstract

Normalization indicates that states have opened a new page in their bilateral relations, and while it does not cover some problematic areas in relations and does not offer a final solution, it serves to create a reasonable basis for dialogue. The concept of normalisation includes the capacity to transform not only the political but also the economic dimension of Turkish-Israeli relations. This article contends that before the normalisation process in the bilateral relationship, the economic and especially the commercial dimension of the relations remained at a certain level and maintained its strong position even during tense diplomatic and political periods. In this context, the article draws attention to the fact that the normalization of Israel-Turkey relations is an ongoing process and aims to indicate that despite the existence of some disagreements, the search for cooperation on specific issues of common interest may continue.