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Putin pleased with Russia’s trade and economic ties with Turkey

“I would like to emphasize that Turkey is our vital strategic and reliable partner" said Vladimir Putin

MOSCOW, July 18 (Itar-Tass) — Russian President Vladimir Putin said on Wednesday that Turkey was Russia’s vital strategic partner. He added he was pleased with the growth of trade and economic ties between the two countries.

“We held substantive talks and discussed urgent issues of bilateral and international agenda,” Putin said as he summed up the results of his meeting with Turkish Prime Minister Recep Tayyip Erdogan.

“I would like to emphasize that Turkey is our vital strategic and reliable partner. We’ve recently managed to elevate our multi-dimensional interaction to a qualitatively new level. This, above all, is true of our trade and economic ties. 2011 saw the trade turnover grow by 26%. It amounted to almost 32 billion dollars. We have a chance to increase it to 100 billion dollars in the next few years,” Putin went on to say.

“We agreed to hold a third meeting of the high-level Cooperation Council in Turkey this autumn,” the Russian president stressed.