Straits will rise in price fivefold: Turkey will raise the price for passage through the Bosporus and the Dardanelles

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Straits will rise in price fivefold: Turkey will raise the price for passage through the Bosporus and the Dardanelles
Straits will rise in price fivefold: Turkey will raise the price for passage through the Bosporus and the Dardanelles
30 August, 11:17EconomyPhoto: Соцсети
The passage of merchant ships through the Turkish Bosphorus and Dardanelles will become five times more expensive from October 7 this year

The Ministry of Transport and Communications of Turkey has decided to increase its annual income from $40 million to $200 million in this way, the Turkish newspaper Sabah reports , citing sources in this department.

As you know, Turkey's sovereignty over the Bosporus and Dardanelles. Enshrined in the Montreux Convention of 1936. It preserves the freedom of passage through the straits for merchant ships both in peacetime and in wartime. At the same time, the document limits the stay in the Black Sea of warships of non-Black Sea states for a period of three weeks.

In addition, Turkey has the right to prohibit or restrict passage through the Bosphorus and the Dardanelles in times of emergency. These straits, as you know, are the only way of communication between the Black and Mediterranean Seas, and it is through them that tankers with goods from the Black Sea countries pass. Now they have to fork out, and here's why.

“Former payment system introduced in 1983 and fixing 75% discount will be abolished,” it was reported. Well, in addition, fees for the lighthouse, medical care and evacuation of merchant ships will increase.

Thus, the newspaper notes, the “injustice” that Turkey has faced for 39 years will be eliminated. At that time, the fees were determined in French francs, which amounted to $0.80, over time, inflation and rising gold prices reduced the fees to almost a minimum. That is why the cost of fees was increased five times - up to $4.

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