ANKARA: Turkish President Recep Tayyip Erdogan has signaled a possible warming of relations with Israel, saying the entire region would have much to gain from normalised ties. Relations between former allies Turkey and Israel broke down in 2010 after an Israeli naval raid on a Gaza-bound flotilla killed nine Turkish citizens. Turkey has become the strongest critic of Israeli actions in Gaza, and reconciliation efforts between the two have repeatedly failed. Erdogan told journalists during a flight back from Turkmenistan that 'normalisation with Israel' was possible if the sides can reach a compensation deal for the raid's victims and if Israel lifts a blockade against Palestinians. His words were reported by Yeni Safak newspaper on Monday. Erdogan said: 'There is so much the region could gain from such a normalisation process.'