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President Recep Tayyip Erdogan said Friday that the impact of the ongoing war in the Middle East is spreading far beyond the region, warning that its consequences are being felt across the global economy and international systems.
Speaking at a World Economic Forum meeting held in Istanbul, Erdogan described the conflict as a "senseless, unlawful, unnecessary war" and said its cost is not limited to the parties directly involved.
"The price is being paid not only by those engaged in the conflict but by all of humanity," he remarked.
Erdogan said the war is affecting a wide range of sectors, from energy markets to production, information technology, transportation and trade networks.
He warned that geographical distance no longer shields countries from the fallout, noting that even nations on different continents are likely to feel the effects, particularly through energy channels. "If conflicts continue, the cost will rise, and distance will offer no protection," he highlighted.
Erdogan stressed that diplomatic engagement remains the only viable path to reducing tensions, adding that efforts to undermine dialogue carry consequences for the entire international community.
"When diplomacy and dialogue offer common ground, the burden of sabotaging these paths is borne by all of humanity," he said.
The Turkish president also pointed to broader global economic trends, saying recent risk assessments indicate a shift toward a more competitive and fragile international system.
He said challenges such as weakening supply chains, concerns over energy security, and the erosion of global trade norms are increasing vulnerabilities. Protectionist policies, he added, are further complicating the outlook and reducing the number of stable economies worldwide.
The meeting in Istanbul brought together senior executives from leading global companies alongside Türkiye’s economic officials, with discussions focused on the country’s economic outlook and its position in future corporate strategies.
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