Putin opens Russian market to Turkish ‘partners’
In a showcase of economic solidarity and a sign of further consolidating their ties, Russian President Vladimir Putin announced on Monday the opening of his country’s market to Turkish “partners” during a joint press conference with his counterpart Tayyip Erdogan.
In 2013, Rosatom won a $20 billion contract to build four reactors in what was to become Turkey’s first nuclear plant, but construction was halted after Turkey shot down the Russian jet.
On Syria, Putin, meanwhile, said he agreed to allow aid to enter the divided Syrian city of Aleppo.
Relations between Russia and Turkey soured in November 2015, after the downing of a Russian fighter jet by the Turkish military.
They have since have made progress towards restoring ties, with Turkish President Tayyip Erdogan and Russian President Vladimir Putin holding talks. The two leaders were due to meet again on Monday in Istanbul at World Energy Congress meeting.
Zeybekci made the announcement at a ceremony to sign a joint declaration on establishing the fund after meeting Russian Economic Development Minister Alexei Ulyulkayev in Istanbul on Sunday, Anadolu said.
Zeybekci was reported as saying Turkish and Russian investment funds would both provide $500 million each for the establishment of the fund and its capital could be increased beyond $1 billion if needed.