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Turkey under President Erdoğan is actively pursuing a dual-track foreign policy, engaging with Trump's Gaza peace initiatives while deepening security cooperation with Syria against Kurdish groups, as domestic infrastructure projects and Black Sea security missions advance.
January 2026
Week of Jan 26, compared to 12-week average
The economy is advancing major infrastructure projects and attracting foreign investment. Ground was broken on a new offshore Black Sea airport, and BlackRock's fund is steering towards Turkish stocks with a 10% exposure. Turkish Airlines also reported a record passenger year for 2025.
Turkish foreign policy is intensely focused on Gaza diplomacy and managing relations with the US and Iran. President Erdoğan and Foreign Minister Fidan are engaged in talks with Hamas and Iranian officials, while also participating in Trump's proposed Gaza peace board, a move that has caused tension with Israel.
Security posture is defined by a military partnership with Syria against the PKK/YPG and a naval mission in the Black Sea. Turkey welcomed Syria's operations against the PKK and has deployed radar in Syria, while its navy began a mission in the Black Sea amid regional drone attacks.
The dominant societal tension revolves around state control over Kurdish-majority areas and related humanitarian access. Authorities banned rallies in a Kurdish-majority city and blocked an aid convoy to a besieged Kurdish town in northern Syria, actions reported by an NGO and an MP.