Turkey's Erdogan at UN rails against sanctions 'as weapons'

Image
AFP United Nations
Last Updated : Sep 25 2018 | 10:30 PM IST

Turkish President Recep Tayyip Erdogan on Tuesday sharply criticised the use of economic sanctions "as weapons" in his address to the UN, in an implicit swipe at the United States.

"None of us can remain silent to the arbitrary cancellation of commercial agreements, the spreading prevalence of protectionism and the use of economic sanctions as weapons," Erdogan told the UN General Assembly.

Ties between Washington and Ankara hit a low in August when President Donald Trump announced steep new tariffs on Turkish steel and aluminum in response to the detention of an American pastor in Turkey.

The Turkish lira has taken a beating on the currency market, sparking fears in Turkey of a full-blown economic crisis.

"Nobody wants the world to experience a new economic rupture," said Erdogan.

He did not accuse the United States directly but pointed to "countries that are persistently trying to create chaos." "It is very easy to create chaos but it's difficult to re-establish order, and today some countries are persistently trying to create chaos."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 25 2018 | 10:30 PM IST

Next Story