text: In 2002, Israel agreed to buy 1.75 billion cubic feet of water from Turkey every year for a period of 20 years. The method of transport involved the use of large plastic bubbles that would bring the water to the storage facility. In regards to the talks, the foreign minister of Turkey declared that  this agreement will increase the cooperation between the two countries and also lead to peace and stability in the Middle East. Economically Israel concluded that the cost of importing water would be higher than choosing the desalinization option but chose to import anyway. In addition to hoping to achieve peace the foreign minister  also mentioned that the landmark agreement turns water into an internationally accepted commodity, and that Turkey hopes to sell water to other countries. Turkey canceled the deal after the Gaza Flotilla Raid by IDF commandos  Gaza Flotilla Raid on May 31 2010. During this incident several Turkish nationals were killed by Israeli armed forces.