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In a sign of its pivot away from U.S. advertising, Turkish telecommunications giant Turk Telekom and a local digital advertising firm have signed an agreement, Turk Telekom announced on Wednesday.
"Taking the lead in the 'No ads in America' campaign, Turk Telekom has cut its advertising budget that was set aside for American global ad companies," Turk Telekom said in a press release announcing its signing with Turkey’s Admatic.
The campaign suggests that its ads are being pulled from U.S. platforms such as Google, Facebook, YouTube, Twitter, and Instagram.
Hamdi Ates, Turk Telekom's corporate communication head, said on Monday that the company has told advertising agencies not to include its ads in U.S. outlets.
"[Turk Telekom] continues to develop and utilize local and national platforms as part of the digital advertising solutions that the company provides," it added.
Paun Doany, Turk Telekom CEO, said: “Everyone must do their own part against the economic sanctions brought against Turkey."
He stressed: "We signed a collaboration agreement with the Admatic Group, a local Turkish technology platform. Thanks to this collaboration … we have started a new movement that will be an example for the sector in the sense of utilizing and developing local and national platform alternatives."
Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on two government ministers for not releasing American Pastor Andrew Brunson, who faces terrorism-related charges in Turkey.
Last Friday President Donald Trump ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminum and steel imports.
The Turkish Ministry of Environment and Urbanization on Tuesday announced that Turkey will boycott U.S. construction materials.Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on Interior Minister Süleyman Soylu and Justice Minister Abdülhamit Gül for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.U.S. President Donald Trump on Friday ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminum and steel imports to 20 percent and 50 percent, respectively.Details to follow.Erdoğan says Turkey will boycott US electronic products
Turkey to boycott US construction materials
Turkey will continue to take steps to protect Turkish lira's value in international trade, Treasury and Finance Minister Berat Albayrak said on Tuesday.Speaking at a symposium in capital Ankara, Albayrak said: "The U.S. dollar has been turned into a tool for diplomatic punishment. The U.S. dollar has lost its credibility."The minister said Turkey will take steps keeping in view the free-market to reduce currency risk of companies.European bank 'remains committed' to Turkey"We will determine companies affected by rising foreign currencies and we will continue to put them at ease," he added.He also said tangible and effective reforms will be the most important part of Turkey's economic policy in the coming period.Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on Interior Minister Süleyman Soylu and Justice Minister Abdulhamit Gül for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.U.S. President Donald Trump on Friday ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminum and steel imports to 20 percent and 50 percent, respectively, causing the lira to lose value against the dollar.Pakistanis launch ‘buy Turkish products’ campaignEP Forum slams US tariffs on TurkeyWorld leaders slam Trump’s sanctions, express support for TurkeyTurkey faces speculative attack, not crisis: BankerUS sanctions hurting its own reputation: Turkish FM
US dollar has lost its credibility: Turkish FinMin
A second border gate between Turkey and Iraq will benefit both countries, President Recep Tayyip Erdoğan said on Tuesday.Speaking at a joint news conference with Iraqi Prime Minister Haider al-Abadi in capital Ankara, Erdoğan said: “The border gate, which is set to open, will be beneficial for our country and Iraq.”The president said both sides also discussed the reopening of consulates in Mosul and Basra.European bank 'remains committed' to TurkeyHe praised the bilateral cooperation, adding the two countries agreed to boost their trade volume.The two sides also discussed other issues, among them water, electricity, health, industry, investment, military, security, economy and culture, Erdoğan said.Recalling Iraq’s May 12 elections, Erdoğan said Turkey supports Iraq’s sovereignty and political unity.EP Forum slams US tariffs on TurkeyHe said Turkey stands with Iraq without discrimination based on religion or language.Erdoğan said they also discussed the fight against Daesh and PKK terror groups."We are determined to wipe out these organizations and its extensions from our region," he said."We will continue together with Iraq to fight against terror organizations."World leaders slam Trump’s sanctions, express support for TurkeyTurkey faces speculative attack, not crisis: BankerUS sanctions hurting its own reputation: Turkish FM
Erdoğan: Second border gate to benefit Turkey, Iraq