Turkey aims to boost trade with Russia to $100bn

RT - Debriefer
2019-08-28 | Since 3 Month

Turkish President Recep Tayyip Erdogan has set an ambitious task to increase trade turnover between Turkey and Russia to $100 billion. That is nearly four times more than the current trade volume between the two countries.

Bilateral trade already exceeds $25 billion, but that does not reflect the cooperation potential, according to Erdogan.

Turkish President Recep Tayyip Erdogan has set an ambitious task to increase trade turnover between Turkey and Russia to $100 billion. That is nearly four times more than the current trade volume between the two countries.

Bilateral trade already exceeds $25 billion, but that does not reflect the cooperation potential, according to Erdogan.

The two countries announced they have created a €900 million joint investment fund which “will be extremely important to revitalize Russian-Turkish investment,” according to the CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev.


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