Contents tagged with turkey

  • International Economic Forum Russia – Islamic World kicks off in Tatarstan; Taliban, Iran, Turkey among honored guests

    The 15th International Economic Forum "Russia – Islamic World", known as the Kazan Forum, is underway in Tatarstan. The program features 125 thematic sessions across 12 different directions and will continue until 19 May.

    The goal of the 15th Kazan Forum is "to provide a platform for leading international experts in economics and finance from the Islamic world to strengthen ties between member countries of the Organisation of Islamic Cooperation (OIC) and the Russian Federation in economic, …

  • Turkey and China scale back trade with Russia amid sanction fears

    Turkey and China, major trading partners of Moscow, have unexpectedly reduced their goods shipments to Russia due to fears of secondary sanctions from Washington, The Moscow Times reports, citing economic analysts.

    Analysts believe the recent export boom has been deflating not only because of the threat of sanctions but also due to complications in money transactions. The Financial Times and Bloomberg also report a worsening situation for Russia. For China, the Russian market remains secondary …

  • US and Turkey agree on new sanctions enforcement framework against Russian-affiliated companies

    Turkey and the United States have agreed on a new framework for enforcing secondary sanctions aimed at companies cooperating with Russ, reports the Turkish newspaper Hurriyet.

    Under the new agreement, US authorities will inform Ankara of any companies suspected of dubious activities and request information concerning these suspicions. Should Turkey conduct an investigation and report the findings to the US, "measures will be taken if necessary," according to the paper.

    Previously, Washington …

  • Turkey's Foreign Minister: diplomatic solution necessary as Ukraine and Russia have reached war limits

    Ukraine and the Russia have reached the limits of what they can achieve through war; a diplomatic resolution now might be necessary, said Turkey's Foreign Affairs Minister, Hakan Fidan, as reported by Cafe Siyaset.

    The comments were made during the third Antalya Diplomatic Forum, where pivotal issues were discussed by participants from 148 countries—among them 19 heads of state or government, two leaders of special administrative regions, and 52 foreign ministers.

    One topical focus was …

  • Turkey to propose peace talks with Ukraine during Putin's anticipated visit

    During an upcoming visit to Turkey of Russian President Vladimir Putin, Ankara plans to propose to him to begin peace talks with Ukrainian President Volodymyr Zelenskyy, reports the Russian news agency RIA Novosti, citing a Turkish diplomatic source.

    "As you know, our President (Recep Tayyip Erdogan) advocates the position that there will be no losers in a peace process. During the visit, Ankara will express its readiness to arrange a meeting of the leaders to ensure a ceasefire and to prevent …

  • Putin to discuss Ukraine in upcoming Turkey visit

    Preparations are underway for Vladimir Putin’s to visit to Turkey in February, said Yuri Ushakov, the president's aide on international issues. As reported by the Russian news agency Interfax, when asked about the possibility of resuming peace negotiations on Ukraine within the Istanbul format, Ushakov indicated that this issue would be a key subject during the meeting between Vladimir Putin and Recep Tayyip Erdogan. "I can say that the Ukrainian theme will be, perhaps, one of the main subjects …

  • Turkish banks suspend transactions with Russian counterparts amid US sanctions threats

    Turkish banks are universally halting operations with Russian counterparts, reported the newspaper Kommersant, citing financial market sources and foreign trade participants.

    According to the newspaper, Turkish banks have severed correspondent relationships with nearly all Russian financial institutions as well as suspended payment processing without formally terminating the contracts. The only exception has been made for the subsidiaries of foreign banks in Russia.

    Kommersant sources say the …

  • Turkey refuses to allow mine-sweeping vessels gifted to Ukraine by UK to enter the Black Sea

    Turkey will not allow the mine-sweeping vessels, which the UK has handed over to Ukraine, to pass through its straits, reported the Turkish Center for Combatting Disinformation.

    "The claims by some media outlets that the mine-sweeping vessels, gifted to Ukraine by the UK, were permitted to pass through the Turkish straits into the Black Sea do not correspond to reality," the statement reads.

    It is noted that Turkey immediately classified Russia's "special military operation" against Ukraine …

  • Erdogan and Putin meet in Sochi, discuss energy cooperation, monetary policy and bilateral trade

    Turkey's President Recep Tayyip Erdogan held a meeting with Russia's President Vladimir Putin in Sochi, where they discussed various aspects of their bilateral relationship. Putin emphasized the importance of maintaining the positive momentum achieved in the relationship and highlighted potential areas of cooperation in the energy sector. He specifically mentioned the Akkuyu Nuclear Power Plant, which is being constructed by the Russian nuclear agency Rosatom, and stated that its first unit …

  • Putin cancels his visit to Turkey

    Russian President Vladimir Putin decided not to go to Turkey for the opening ceremony of the Akkuyu nuclear power plant. According to the Kremlin news agency RIA Novosti, Putin will participate in the event via a video link.

    Turkish president Tayyip Erdogan announced at the end of March that Putin was going to visit Turkey and take part in this event. As part of this visit, Putin and Erdogan planned to visit the areas affected by the earthquake and discuss the Russian-Turkish partnership in …