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Germany, Qatar extend support for Turkey amid US pressure

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Germany, Qatar extend support for Turkey amid US pressure

Qatar pledges $15bn in investment in Turkey

German Chancellor Angela Merkel and Qatari Emir Sheikh Tamim bin Hamad Al Thani have expressed their support for Turkish President Recep Tayyip Erdogan after escalation of tensions between Ankara and Washington.

Turkey’s official Anadolu news agency reports that in a Wednesday phone conversation with Erdogan, the German chancellor expressed her country’s commitment to strengthening its cooperation with Turkey through reciprocal visits at the highest levels.

Read More: Erdogan arrives in Qatar to discuss bilateral and regional issues

The two leaders discussed Erdogan’s forthcoming visit to Berlin scheduled for late September, and a meeting between Turkey’s Treasury and Finance Minister Berat Albayrak and Germany’s Economy Minister Peter Altmaier, due to be held in shortly.

According to US based Bloomberg network, “Germany wants Turkey to avoid a financial meltdown and can’t allow the country to descend into chaos, according to a person familiar with Merkel’s thinking who asked not to be identified discussing government deliberations. In an overture that signals normalizing relations after a series of diplomatic clashes, Germany plans to host Erdogan for a state visit on Sept. 28”.

Read More: Saudi Arabia and UAE were about to attack Qatar

Bloomberg report further says that Germany is Turkey’s biggest economic partner by far, accounting for some 37 billion euros ($42 billion) in bilateral trade last year.

About 6,500 partly or wholly-owned German companies operate in Turkey while it ranks 16th among Germany’s export markets, ahead of Japan and many smaller EU countries.

According to the sources who spoke on condition of anonymity, Merkel also underlined her country’s concern for a strong Turkish economy, repeating her Monday comments that Turkey’s economic prosperity “serves Germany’s interests”.

Read More: Iranian-Qatari leadership discuss Yemen, regional conflicts

Her remarks come as US President Donald Trump’s punitive measures against Turkey have pushed its lira into freefall and sent shudders through its financial markets.

Germany, Qatar extend support for Turkey amid US pressure

Meanwhile, the emir of Qatar Sheikh Tamim bin Hamad Al Thani also arrived in Turkey on Wednesday on a “working” visit aimed at strengthening mutual cooperation. The emir discussed bilateral relations and ways to expand the existing strategic ties between the two sides in various fields.

Read More: Qatar’s emir: Saudi Arabia want “regime change”

According to Aljazeera and some German news networks, Qatar’s emir pledged $15 billion in direct investments in “Turkey’s financial markets and banks”, Turkish officials said.

Read More: Qatar removes products from Saudi-led quartet from market

On August 10, US President Donald Trump announced that his administration was doubling steel and aluminum tariffs on Turkey. This was considered to be the US’ reaction to Turkey´s two-year-long detention of an American pastor over terrorism charges.

In retaliation, Turkish President Recep Tayyip Erdogan raised tariffs on some American commodities, and called on Turkish people to boycott US-made electronic goods, including Apple’s iPhones.

Germany, Qatar extend support for Turkey amid US pressure

In a related development, Russian foreign minister Sergei Lavrov, while addressing a news conference with his Turkish counterpart in Ankara, on Wednesday, said that Russia has been exploring for some time using national currencies to settle bilateral trade deals with Turkey and other countries.

He said, “Identical processes have been happening in our relations with Iran. Not only with turkey and Iran, we’re also arranging and already implementing payments in national currencies with People’s Republic of China.”

On Saturday, Turkish President Recep Tayyip Erdogan had announced that his country was preparing to conduct trade through national currencies with China, Russia and Ukrain.

Iran and Trukey came forward to help Qatar after Saudi Arabia, Bahrain, UAE and Egypt severed their ties with Qatar in June 2017. Closure of Turkish military base in Qatar was one of the demands put forwarded by the Saudi-led quartet.

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Iranian President Pezeshkian at UN says Iranians have been victims of US terrorism

Iranian President Masoud Pezeshkian said at the UN General Assembly that Iranians had been victims of US terrorism and insisted that Iran had acted in self-defence.

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Iranian President Masoud Pezeshkian accused the United States of subjecting Iranians to what he described as terrorism while addressing the United Nations General Assembly on Wednesday.

Pezeshkian said Iran had defended itself against attacks and rejected the characterisation of the country as a terrorist actor. His remarks came during a rare wartime appearance at the UN as tensions between Iran and the United States remain high.

Pezeshkian accuses US and Israel of attacks

Speaking at the General Assembly, Pezeshkian said Iranian civilians had been targeted by attacks and described the actions against his country as aggression.

“We have only defended ourselves. We are not terrorists,” he said, according to the report.

Pezeshkian also accused the United States and Israel of attacking Iran, while maintaining that Tehran’s response was an act of self-defence.

The Iranian president displayed photographs of former Supreme Leader Ali Khamenei and more than 150 schoolchildren who, according to his account, were killed during the early days of the conflict.

Iran’s message at the UN

Pezeshkian’s address came against the backdrop of the ongoing conflict between Iran and the United States and heightened tensions in the region.

Iranian officials had indicated ahead of the UN visit that they intended to highlight what Tehran considers attacks against its people and raise concerns over the international response to the conflict.

The Iranian delegation’s visit to New York also comes amid restrictions imposed by the United States on the delegation’s movement and other aspects of its stay, according to reporting ahead of the address.

Pezeshkian says Iran defended itself

Pezeshkian’s central message at the UN was that Iran’s military actions should be viewed as a response to attacks rather than terrorism.

His description of the conflict and the allegations against the United States and Israel represent the Iranian government’s position. They should therefore be attributed to Pezeshkian rather than presented as independently established facts.

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PM Modi’s Canada visit could help wrap trade talks, says Canada PM Mark Carney

Canadian PM Mark Carney said he is looking forward to hosting PM Narendra Modi, with both countries aiming to conclude their ongoing trade negotiations.

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Canadian Prime Minister Mark Carney has said he is looking forward to hosting Prime Minister Narendra Modi, as India and Canada continue efforts to advance their bilateral relationship and conclude ongoing trade negotiations.

The two countries have been working towards a Comprehensive Economic Partnership Agreement (CEPA), with both sides previously setting a target to conclude the negotiations in 2026.

Carney and Modi have held discussions on strengthening economic ties between India and Canada, including trade and investment. Their engagement has gained momentum following Carney’s visit to India earlier this year.

India-Canada trade talks

India and Canada formally resumed efforts towards a broader trade agreement after a period of strained bilateral ties. The two sides have committed to advancing negotiations on a CEPA covering their economic relationship.

In June, Carney and Modi reviewed progress in bilateral economic cooperation during their meeting on the sidelines of the G7 Summit in France. They expressed satisfaction with the progress in CEPA negotiations and reaffirmed their shared objective of concluding the talks in 2026.

During Carney’s visit to India in March, the two leaders had also agreed to accelerate negotiations on the CEPA and work towards finalising the agreement during 2026.

Modi’s proposed Canada visit

Carney had invited PM Modi to visit Canada in 2026, and the two leaders agreed to remain engaged through diplomatic channels to work towards a mutually convenient date for the visit.

The proposed visit comes as New Delhi and Ottawa seek to build on renewed diplomatic and economic engagement, with trade negotiations remaining a key part of the relationship.

The focus on completing the trade talks comes as both countries look to expand commercial ties and establish a broader economic framework through the proposed CEPA.

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Trump issues fresh Iran warning at UN General Assembly, signals deal after midterms

US President Donald Trump issued a fresh warning to Iran during his UN General Assembly address, saying he faces a choice between a deal and further escalation.

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US President Donald Trump used his address to the United Nations General Assembly on Tuesday to outline what he described as a major decision over Iran, putting the possibility of a deal against further military escalation.

Speaking at the UN in New York, Trump said he had a “big decision” to make. He questioned whether the United States should pursue an agreement that would allow Iran to rebuild or instead take further action against the Islamic Republic.

Trump later indicated that he believed an agreement with Iran could be reached after the US midterm elections, which are scheduled for November 3.

Trump says deal with Iran remains possible

During his speech, Trump presented two possible paths. He said a deal could allow Iran to rebuild and become a stronger country, while also raising the possibility of destroying the Islamic Republic if an agreement was not reached.

Trump said he believed a deal could eventually be reached, arguing that Iran was waiting to see the outcome of the US midterm elections.

His comments came amid the continuing US-Iran conflict and renewed diplomatic activity surrounding the confrontation. Trump’s UN appearance came as Washington was also engaged in discussions with multiple international leaders over the Iran conflict and other global issues.

Iranian delegation walks out during Trump’s speech

The Iranian delegation reportedly left the General Assembly chamber as Trump began describing the military confrontation with Iran.

According to the report, only one person from the Iranian delegation remained seated as Trump spoke about the conflict and the military strikes of the past six months.

The walkout came as tensions between Washington and Tehran remained high, with both sides facing pressure over the continuation of the conflict.

Trump’s latest warning follows earlier comments

Trump’s UN remarks came days after he said he was approaching a major decision over whether to intensify military action against Iran or pursue another route.

He had also indicated before his UN appearance that he could be open to meeting Iranian President Masoud Pezeshkian during the UN General Assembly in New York.

The possibility of renewed negotiations comes against the backdrop of continuing military and diplomatic tensions between the two countries.

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