AI-generated summary
Trade relations between Türkiye and South Korea are developing, and bilateral economic cooperation is strengthened by holding regular ministerial meetings within the framework of G20.
In his post on his NSosyal account, Bolat stated that they had a productive meeting with South Korean Trade Minister Park in Milwaukee, USA, where he was present for the G20 Trade Ministers Meeting.
Stating that they discussed the current course of Turkey-South Korea economic and commercial relations during the meeting and evaluated the steps that will serve balanced trade and cooperation opportunities in investment fields, Bolat noted that they welcomed South Korea's requests to increase its investments in Türkiye.
Bolat also stated that they exchanged views on the latest developments regarding global trade and the topics on the G20 agenda.
Minister Bolat said, "Under the leadership of our President, Mr. Recep Tayyip Erdoğan, we will continue to maintain trade diplomacy with the countries of the world on the basis of mutual benefit." he said.
AI outlook — possibilities, not facts
Türkiye-South Korea trade volume may increase in the short term.
Possible · Within months
The US State Department lifted defense export restrictions to Syria and announced that applications will now be evaluated on a case-by-case basis. This change was implemented under ITAR with the new defense trade policy coming into force on 19 August 2026.
With the amendment made to the International Traffic in Arms Regulations (ITAR), the US State Department removed Syria from the list of countries where licenses for the export and import of defense materials and services are denied. The new policy ensures that licenses are issued on a case-by-case basis.
The EU Commission is considering options for candidate countries such as Montenegro and Albania to send Commission members to Brussels before full membership and to send observers to EU Council meetings after the membership negotiations are completed.
With the amendment made to the International Traffic in Arms Regulations (ITAR), the US State Department removed Syria from the list of countries where licenses for the export and import of defense materials and services are denied. The new policy ensures that licenses are issued on a case-by-case basis.

The US Treasury Department announced new sanctions targeting Iran's large companies in the railway and automotive sectors and international supplier organizations. Additionally, measures were added against the A7 shadow banking network, which is said to be linked to Russia and used by Iran to circumvent sanctions. The sanctions are being implemented as part of the 'Economic Isolation' operation aimed at weakening Iran's financial infrastructure and drying up its sources of income.

The delegation appointed by NEW Party Chairman Özgür Özel made a statement at the Mersin Provincial Directorate after the detention of Mersin Metropolitan Municipality Mayor Vahap Seçer, Mezitli Mayor Ahmet Serkan Tuncer and Yenişehir Mayor Abdullah Özyiğit. Party deputies and executives in the delegation described the operations as a political coup and double law, criticized the trials without detention and arrests without evidence, and emphasized that they continued their democratic struggle.