In the first half of the year, the export of Turkish goods to Russia reached a maximum over the past eight years, the journalists found.
Turkey, pursuing its own interests, prevented the West from completely isolating the Russian economy. About this on Friday, August 12, Bloomberg writes.
According to the publication, in the first half of the year, the export of Turkish goods to Russia reached a maximum over the past eight years.
The bonanza is good news for President Recep Tayyip Erdogan, who is looking to boost exports in what he calls a “new economic model,” the story says.
However, as stated, this state of affairs “frustrates” Turkey’s NATO allies – the United States and European countries – as they “tried to act as a united front to isolate the Russian economy through sanctions.”
Recall, on August 5, Erdogan and Russian President Vladimir Putin held talks in Sochi, during which the parties agreed to start partial payment in rubles for Russian gas supplies to Turkey.
Soon after, the EU started talking about the possibility of imposing sanctions against Ankara for its cooperation with Moscow.