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Home Latest News

Russia, Turkey trade may reach $100bn by 2023

byCustoms Today Report
17/10/2015
in Latest News
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MOSCOW: Trade between Russia and Turkey could reach $100 billion as joint projects like Turkish Stream and the Akkuyu nuclear power plant become the engines of economic cooperation, says Russian Deputy Foreign Minister Alexei Meshkov.

“Our goal is to achieve trade of $100 billion, and it is attainable, because our economies are complementary, and a lot can be done. And, of course, projects such as the Akkuyu nuclear power plant or Turkish Stream should be engines of development of our trade and economic relations,” he said on Thursday.

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Turkish President Recep Tayyip Erdogan, when meeting President Vladimir Putin last month in Moscow, said he wanted trade between the two countries to reach $100 billion by 2023. He noted positive progress in trade between Turkey and Russia, saying it was estimated to be over $30 billion at the end of 2014.

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