Turkey Strategy: CAATSA sanctions - Damage assessment, what next?
Following recent media reports (Reuters, 10 December), signalling imminent US sanctions on Turkey for the country’s procurement of Russian S400 air defence systems, last week (14 December), the Trump administration imposed limited CAATSA sanctions on Turkey’s defence procurement agency, Savunma Sanayi Başkanlığı (SSB), its president, Professor Ismail Demir, and three other SSB officials. We note that, recently, the US Senate approved the FY21 US Defence Bill (NDAA), including a specific clause, forcing the US President to sanction Turkey for the S400 acquisition under CAATSA within 30 days of the NDAA’s enactment. We note that the FY21 NDAA has still not been signed by President Trump, and he is threatening to veto it and send back to the US Senate (due to his objections, related to US domestic policy issues); however, given that the CAATSA sanctions have been imposed already, we believe that the FY21 US Defence Bill is not relevant for Turkey’s S400 sanctions case anymore.
Otokar Otomotive Ve Savunma Sanavi is engaged in the import, manufacture, assembly, sale and export of bodies, engines, and all other components of all kinds of land, sea and air defense vehicles, as well as security vehicles, commercial buses, trucks, minibuses, midibuses, panel vans, cross-country vehicles, etc. Co.'s primary focus is on the production of Land Rover 4x4 and minibuses.
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