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USA embassy announces end to visa crisis with Turkey
29 December 2017, 12:53 | Tara Lloyd
US Resumes Granting Visa to Turkish Citizens
"In response to assurances from the Turkish side, the US State Department came to the conclusion that the security situation in Turkey is quite good for the resumption of visa services, the embassy officials said".
Turkish stocks and country-specific ETF strengthened Thursday after the USA and Turkey lifted all visa restrictions, ending months-long dispute over diplomatic duties.
The U.S. and Turkey resumed normal visa operations Thursday after Washington said Ankara assured no further U.S. mission staff would be troubled over performing official duties, which followed two detentions that started the friction earlier this year, Reuters reports.
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Turkey responded in kind Thursday, announcing an end to restrictions on visa issuances to USA citizens.
However, the state department also said it still had serious concerns about allegations against its arrested local employees and about cases against USA citizens who have been detained under the state of emergency.
Relations between the two North Atlantic Treaty Organisation allies have become strained in the past year with Turkey angered by what it sees as United States reluctance to hand over Fethullah Gulen, whom Erdogan blames for the coup attempt in July of 2016.
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Turkey, while announcing the end of restrictions on visas to United States citizens, took issue with the USA declaration.
Although the embassy said it still remains concerned for its arrested staff in Turkey, the progress in ironing out differences may ease the perception of political risk, a key reason for the lira's weakness against the dollar in the fourth quarter.
Turkey was pleased by the announcement but hit back regarding the statement issued by the US, saying that it had provided no such assurances in relations to ongoing legal issues. The embassy stressed, however, that the Turkish government has given no assurances to Washington, refuting the US embassy's earlier claim.
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