Image Credits - Murat Centimuhurdar/PPO via Reuters
Kremlin Spokesman Dmitry Peskov has emphasized that all aspects of trade relations between Russia and Turkey will be addressed during Russian President Vladimir Putin’s forthcoming visit to the country.
Speaking at a briefing, Peskov confirmed that discussions during the visit will surround a wide range of issues, including concerns related to payments, potential agreements to establish a Russian-Turkish bank, and the roadmap for creating a gas hub. He also assured that trade and economic relations in all dimensions will be thoroughly examined.
“Turkey is our important trade and economic partner, and, of course, all details of those relations will be on the agenda,” Peskov stated, underlining the significance of the bilateral ties between the two nations.
The statement comes amid escalating economic cooperation between Russia and Turkey, strengthening their trade relations in recent years. Both countries are involved in several joint projects and initiatives, particularly in the energy sector.
The creation of a Russian-Turkish bank and the establishment of a gas hub have been key topics of discussion between the two nations. These initiatives aim to enhance economic collaboration and facilitate smoother trade transactions.
President Putin’s visit to Turkey emphasizes the commitment of both Turkey and Russia to further deepen their economic partnership. The discussions during the visit are expected to pave the way for increased cooperation and the implementation of mutually beneficial agreements. The timing of the visit is notable, considering the evolving geopolitical landscape and the economic challenges posed by global uncertainties. By addressing trade and economic issues comprehensively, Russia and Turkey seek to underpin their economic resilience and foster sustainable growth.
Through a diplomatic source, TASS reported that Ankara planned to discuss the issues related to the gas hub construction and the discount on Russian gas during the visit of Putin to Turkey. Among all the possible topics one of the most important is the problems that Russian companies face regarding the payment through Turkish banks. The sides will also shed light on the situation in Syria and Palestine and the construction of the Black Sea Grain Corridor and Akkuyu NPP.
The upcoming discussions reflect the mutual interests of Russia and Turkey in promoting trade and investment opportunities. Both nations acknowledge the importance of maintaining robust economic ties and are committed to exploring new avenues for collaboration. As per the Turkish media, the forthcoming visit is potentially planned for February 12. The outcomes of the visit are likely to have far-reaching implications for the bilateral relationship and regional economic dynamics.