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Türkiye has denounced Israel's interception of the Freedom Flotilla in international waters as an "act of piracy." The Turkish Foreign Ministry stated it is working to secure the release of detained citizens, including parliament members, and reaffirmed its commitment to the Palestinian cause.Far-right Israeli National Security Minister Itamar Ben-Gvir escorted groups of settlers into Jerusalem's Al-Aqsa Mosque complex under police protection. The incursion occurred during the Jewish holiday of Sukkot, with participants performing religious rituals at the sensitive holy site. Israeli authorities deployed significant security forces around the mosque compound during the controversial visit.President Recep Tayyip Erdogan has emphasized that Gaza must remain Palestinian land under Palestinian governance, revealing that US President Trump specifically requested Türkiye's mediation with Hamas. The Turkish leader confirmed that Hamas responded positively to peace efforts during communications facilitated by Ankara.The Gaza Health Ministry reported Wednesday that approximately 67,183 Palestinians have lost their lives since the conflict began in October 2023. In the latest 24-hour period, 10 fatalities were recorded with 61 additional injuries. The ministry emphasized that many victims remain trapped under rubble as rescue operations face significant challenges.High-level negotiations for a Gaza ceasefire resumed in Sharm el-Sheikh with Türkiye's intelligence chief Ibrahim Kalin participating alongside Qatari, Egyptian, American and Israeli officials. The talks aim to implement a U.S.-backed peace proposal that includes hostage-prisoner exchanges and humanitarian provisions for Gaza, where over 67,000 Palestinians have died since October 2023.
Türkiye has denounced Israel's interception of the Freedom Flotilla in international waters as an "act of piracy." The Turkish Foreign Ministry stated it is working to secure the release of detained citizens, including parliament members, and reaffirmed its commitment to the Palestinian cause.Far-right Israeli National Security Minister Itamar Ben-Gvir escorted groups of settlers into Jerusalem's Al-Aqsa Mosque complex under police protection. The incursion occurred during the Jewish holiday of Sukkot, with participants performing religious rituals at the sensitive holy site. Israeli authorities deployed significant security forces around the mosque compound during the controversial visit.President Recep Tayyip Erdogan has emphasized that Gaza must remain Palestinian land under Palestinian governance, revealing that US President Trump specifically requested Türkiye's mediation with Hamas. The Turkish leader confirmed that Hamas responded positively to peace efforts during communications facilitated by Ankara.The Gaza Health Ministry reported Wednesday that approximately 67,183 Palestinians have lost their lives since the conflict began in October 2023. In the latest 24-hour period, 10 fatalities were recorded with 61 additional injuries. The ministry emphasized that many victims remain trapped under rubble as rescue operations face significant challenges.High-level negotiations for a Gaza ceasefire resumed in Sharm el-Sheikh with Türkiye's intelligence chief Ibrahim Kalin participating alongside Qatari, Egyptian, American and Israeli officials. The talks aim to implement a U.S.-backed peace proposal that includes hostage-prisoner exchanges and humanitarian provisions for Gaza, where over 67,000 Palestinians have died since October 2023.

Turk Telekom uses yuan for trade with China

News Service
15:35, 19/06/2020, Friday
AA
Turk Telekom uses yuan for trade with China
Umit Onal, the CEO of Turk Telekom

Firm used Chinese yuan after Turkey-China swap agreement

Turkey's telecommunications giant Turk Telekom took the first step to trade in local currencies through a new mechanism provided by Turkey and China's new swap agreement on Friday.

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The GSM firm used Chinese yuan for import payments after the swap agreement, which removed the obstacles for using local currencies in bilateral trade instead of a third country's currencies, Turk Telekom said in a press release.

Earlier, the Turkish Central Bank announced that the first usage of the Chinese yuan funding under the swap agreement signed with China was realized on Thursday.

According to the bank, Turkish companies in various sectors paid their import bills from China using yuan through relevant banks.

Umit Onal, the CEO of Turk Telekom, said the use of local currencies for international trade has been increasing day by day.

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