Russia’s Deputy Prime Minister Alexander Novak on Friday acknowledged Moscow used to be seeing additional areas to raise cooperation with Turkey, spearheaded by transport and logistics, as he wired their growing commerce partnership.

Turkey has been for years “a an awfully worthy financial and commerce partner” for Russia,” Novak suggested Anadolu Agency (AA).

“(Russian) President (Vladimir) Putin and President Recep Tayyip Erdoğan are continuously alive to, the tasks on increasing the commerce turnover are being applied,” the professional acknowledged.

The bilateral commerce between the two countries grew by 57% closing yr to $33 billion, he added.

Russia ranked 10th amongst Turkey’s ideal export markets closing yr and came in 2d by manner of imports.

“Gigantic investment initiatives are being applied each in Russia and Turkey – TurkStream, Akkuyu, a automotive plant Gaz, producing trucks, used to be constructed, and heaps different initiatives,” Novak acknowledged.

Russia and Turkey are also tied within the tourism and constructing sectors, he acknowledged.

The 2 countries created special financial zones and supplied enhance to minute and medium-sized companies to make sure the commerce turnover, he added.

“For the time being, we ogle additional niches for the pattern of such enterprise between our countries, in conjunction with constructing a transport-logistics hub in Turkey to raise items to Russia, and also from Russia to Turkey, in conjunction with the deliveries of equipment that is never any longer produced in Russia, localization of production of such equipment in Russia, deliveries from the third countries,” Novak acknowledged.

All of the points are being discussed on the extent of intergovernmental commissions with the Turkish authorities and also on the extent of enterprise to enterprise, he added.

“On the present time, the 2d assembly of the enterprise neighborhood of Russia and Turkey took location, which is terribly drawn to making proposals for the pattern of additional joint cooperation,” he popular.

Russian and Turkish authorities ogle their feature in helping companies by removing administrative obstacles and constructing apt prerequisites so that they’re in a local to implement initiatives and crop back costs, he acknowledged.

Novak additional acknowledged he does no longer ogle any setbacks in supplying Russian grain to Turkey. He acknowledged Russia has continuously been a spacious dealer to Turkey and plans to reduction this space.

“Now we glean continuously been a serious dealer of grain to the Republic of Turkey, so we feature out no longer ogle any explicit considerations here,” he added.

“These are commercial points and (companies) agree amongst themselves, I discover that if now we glean export attainable and resources, sufficient (grain) shall be introduced to patrons.”

Turkey has been amongst the few countries which glean maintained family with each Russia and Ukraine since Moscow’s invasion of its southern neighbor.

Whereas it has criticized Russia’s offensive, Ankara is making an are attempting and steadiness its shut ties and has positioned itself as a impartial web collectively attempting to mediate between the warring aspects.


Please enter your comment!
Please enter your name here