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Turkey for development of cooperation with Russia

May 30, 2012, 21:42 UTC+3

About 380 enterprises have Turkish assets or are partners with Turkish companies

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ANKARA, May 30 (Itar-Tass) —— Turkey is for development of cooperation with the Russian Federation as a whole and with Tatarstan in particular without any limitations, Turkish Foreign Minister Ahmet Davutoglu said on Wednesday at the meeting with Tatarstan’s President Rustam Minnikhanov, on a visit in Ankara.

“Our interaction in the political aspect is at the highest level. The exchange of visits increased significantly with the lifting of visas. A strong impetus was also given to the development of our economic relations,” the minister said. Meanwhile, he said, because of the world financial crisis trade turnover between Turkey and Tatarstan dropped from 3 billion dollars to 800 million dollars. “I hope that thanks to measures the presidents will take cooperation in this area will reach the highest level,” Davutoglu said.

Minnikhanov, in his turn, pointed out that some 70 Turkish companies function in Tatarstan. “About 380 enterprises have Turkish assets or are partners with Turkish companies,” he said. Tatarstan’s president recalled that two major projects for the construction of factories are implemented in Tatarstan now. One more project on the same scale is about to be started. “Each of them costs 200-300 million dollars. There are many projects but we still must increase their number by at least five-ten-fold,” Minnikhanov said.


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