Turkey and Russia intend to increase trade to $100B | Eurasia Diary - ednews.net

26 June, Wednesday


Turkey and Russia intend to increase trade to $100B

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Turkey and Russia intend to increase trade turnover to $100 billion, Turkish Foreign Minister Mevlut Cavusoglu said at a joint press conference with his Russian counterpart Sergey Lavrov in Antalya, Trend News Agency reports.

Cavusoglu noted that Turkey and Russia have a large trade potential.

Presently, relations between Turkey and Russia are developing in all areas, he added.

The Turkey-Russia Joint Strategic Planning Group meeting is being held in Antalya. Plans for bilateral cooperation in 2019-2020 will be discussed during the meeting.

According to the Ministry of Trade of Turkey, the country's trade in February 2019 amounted to $30.4 billion.

Turkish imports from Russia in February decreased by 12.18 percent compared to February 2018, and amounted to $1.630 billion.

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