ANKARA: Turkish President Recep Tayyip Erdogan has stressed the need to develop alternative trade routes to ensure the continuity of global trade amid rising tensions surrounding the Strait of Hormuz.
President Erdogan said the dispute over the Strait of Hormuz has highlighted the growing risks to international trade and energy supplies, making global cooperation and the development of alternative trade corridors increasingly essential.
He emphasized the need for joint efforts to address threats to global energy markets and international trade routes in order to minimize potential adverse impacts on the global economy.
The Turkish president said Türkiye is continuing its efforts to strengthen connectivity between Asia and Europe and develop alternative trade corridors.
Erdogan added that diversifying international trade routes has become essential to ensuring the safe and uninterrupted flow of global commerce.