Turkish ship fined $120 million in Pakistan, diplomatic efforts continue
ISTANBUL – Hürriyet Daily News
The crisis between a Turkish company that was running power generating ships in Pakistan and the Pakistani government has deepened after a local court decision demanded $120 million in fines for the seized vehicles, which are worth about $400 million. President Abdullah Gül and Prime Minister Recep Tayyip Erdoğan have intervened in the process to save the ships owned by Turkey’s Karadeniz Holding, Hürriyet newspaper reported on its website.
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