Erdogan Opens Huge Suspension Bridge Linking Europe and Asia

Turkish President Recep Tayyip Erdogan attends opening ceremony of the 1915 Canakkale Bridge over the Dardanelles, in Canakkale, Turkey March 18, 2022. (Presidential Press Office/Handout via Reuters)
Turkish President Recep Tayyip Erdogan attends opening ceremony of the 1915 Canakkale Bridge over the Dardanelles, in Canakkale, Turkey March 18, 2022. (Presidential Press Office/Handout via Reuters)
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Erdogan Opens Huge Suspension Bridge Linking Europe and Asia

Turkish President Recep Tayyip Erdogan attends opening ceremony of the 1915 Canakkale Bridge over the Dardanelles, in Canakkale, Turkey March 18, 2022. (Presidential Press Office/Handout via Reuters)
Turkish President Recep Tayyip Erdogan attends opening ceremony of the 1915 Canakkale Bridge over the Dardanelles, in Canakkale, Turkey March 18, 2022. (Presidential Press Office/Handout via Reuters)

President Recep Tayyip Erdogan opened a massive suspension bridge across Turkey's Dardanelles Strait on Friday, the latest in a series of major infrastructure projects which he has prioritized during his two decades in power.

Connecting Turkey's European and Asian shores, the 1915 Canakkale Bridge was built by Turkish and South Korean firms with an investment of 2.5 billion euros ($2.8 billion). It has the longest main span - the distance between the two towers - of any suspension bridge in the world.

Such mega projects have been central to Erdogan's achievements since his AK Party first came to power in 2002, including a new Istanbul airport, rail and road tunnels beneath Istanbul's Bosphorus strait, and a bridge over it.

"These works will continue to provide profit for the state for many years," Erdogan said at an opening ceremony on the anniversary of a 1915 Ottoman naval victory against French and British forces in the Dardanelles during World War One.

"These projects have a large share in putting our country ahead in investment, workforce and exports," he said.

Last year he launched what he previously called his "crazy project": a $15 billion canal in Istanbul intended to relieve pressure on the busy Bosphorus Strait. However critics have questioned the project's viability given Turkey's economic woes, environmental risks and public opposition.

Costly

Ahead of national elections scheduled for 2023, opinion polls have shown a slide in the popularity of Erdogan and his AK Party, boosting the opposition's prospects of ousting him.

The main opposition CHP has criticized the potential cost of the bridge to the public purse, with media reports saying the build-operate-transfer agreement includes an annual payment guarantee of 380 million euros ($420 million) to the operators or a total 6 billion euros over the duration of the accord.

Erdogan said the price for passenger vehicles to use the bridge would be 200 lira ($13.50).

Work on the Dardanelles bridge project was launched in March 2017, with more than 5,000 workers involved in the construction.

The 2,023 meter (1.25 mile) length of its midspan is an allusion to the Turkish Republic's 100th anniversary in 2023.

It is the fourth bridge linking the European and Asian shores in Turkey, alongside the three built in Istanbul.

Its towers are 318 meters (347.8 yards) high and the total length of the bridge is 4.6 km (2.9 miles) including the approach viaducts.

Until now, vehicles traveling between Anatolia and the Gallipoli peninsula had to cross the Dardanelles in a one-hour ferry journey, which including waiting time amounted to as much as five hours. The journey will now take around six minutes.



US Issues New Sanctions Targeting Chinese Importers of Iranian Oil

FILE PHOTO: A 3D-printed miniature model of Donald Trump and the US and Iran flags are seen in this illustration taken January 15, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A 3D-printed miniature model of Donald Trump and the US and Iran flags are seen in this illustration taken January 15, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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US Issues New Sanctions Targeting Chinese Importers of Iranian Oil

FILE PHOTO: A 3D-printed miniature model of Donald Trump and the US and Iran flags are seen in this illustration taken January 15, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A 3D-printed miniature model of Donald Trump and the US and Iran flags are seen in this illustration taken January 15, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

The United States on Wednesday issued new sanctions targeting Iran's oil exports, including against a China-based "teapot refinery", as President Donald Trump's administration seeks to ramp up pressure on Tehran.
The US Treasury Department said in a statement the action would increase pressure on Chinese importers of Iranian oil as Trump seeks to restore his "maximum pressure" campaign on Iran, which includes efforts to drive its oil exports down to zero, Reuters reported.
The action comes as the Trump administration has relaunched negotiations with Iran over its nuclear program this month, with talks in Oman last weekend and a second round expected in Rome this weekend.
The Treasury on Wednesday said it imposed sanctions on a China-based independent "teapot" refinery it accused of playing a role in purchasing more than $1 billion worth of Iranian crude oil.
Washington also issued additional sanctions on several companies and vessels it said were responsible for facilitating Iranian oil shipments to China as part of Iran's "shadow fleet".
Iran's mission to the United Nations in New York and China's embassy in Washington did not immediately respond to requests for comment.
China does not recognize US sanctions and is the largest importer of Iranian oil. China and Iran have built a trading system that uses mostly Chinese yuan and a network of middlemen, avoiding the dollar and exposure to US regulators.
"Any refinery, company, or broker that chooses to purchase Iranian oil or facilitate Iran’s oil trade places itself at serious risk," Treasury Secretary Scott Bessent said in the statement.

"The United States is committed to disrupting all actors providing support to Iran’s oil supply chain, which the regime uses to support its terrorist proxies and partners."
The Treasury on Wednesday also updated guidance for shipping and maritime stakeholders on "detecting and mitigating Iranian oil sanctions evasion," warning, among other things, that Iran depends on a vast shadow fleet to disguise oil shipments.
The Treasury said it was the sixth round of sanctions targeting Iranian oil sales since Trump restored his "maximum pressure" campaign on Iran, which includes efforts to drive its oil exports down to zero in order to help prevent Tehran from developing a nuclear weapon.
In his first 2017-21 term, Trump withdrew the US from a 2015 deal between Iran and world powers that placed strict limits on Tehran's uranium enrichment activities in exchange for sanctions relief. Trump also reimposed sweeping US sanctions.
Since then, Iran has far surpassed that deal's limits on uranium enrichment.
Western powers accuse Iran of having a clandestine agenda to develop nuclear weapons capability by enriching uranium to a high level of fissile purity, above what they say is justifiable for a civilian atomic energy program. Tehran says its nuclear program is wholly for civilian power purposes.
"All sanctions will be fully enforced under the Trump Administration’s maximum pressure campaign on Iran," State Department spokesperson Tammy Bruce said in a separate statement on Wednesday.
"As long as Iran attempts to generate oil revenues to fund its destabilizing activities, the United States will hold both Iran and all its partners in sanctions evasion accountable."