Montreux convention: Satellite image of the Bosporus Strait and Dardanelle strait

Montreux Convention and Canal Istanbul : A Turkish financial and geopolitical bet?

The outbreak of the conflict in Ukraine on the 24th of February 2022 shed light on the strategic role of the Bosporus and Dardanelles straits, as well as the Montreux Convention which governs navigation through the Turkish straits. The purpose of the Montreux Convention of 1936 is to regulate transit and navigation from the Aegean … Continue reading Montreux Convention and Canal Istanbul : A Turkish financial and geopolitical bet?

Canal Istanbul Project

“Canal Istanbul”, dissension among Turkish authorities.

Following Turkey's decision last month to develop a navigation canal in Istanbul similar to the Panama and Suez canals, ten Turkish Admirals were arrested on Monday 29th of March after the publication of an open letter signed by around 100 former officers. In addition, an investigation has been opened by the prosecutor’s office against the … Continue reading “Canal Istanbul”, dissension among Turkish authorities.