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Russian expert: Turkey depends on Russia economically and will not respond to sanctions

November 30, 2015, 21:21 UTC+3 MOSCOW

Russia's business ombudsman Boris Titov says Turkey is 60% dependent on Russian natural gas

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© AP Photo/Hussein Malla, архив

MOSCOW, November 30. /TASS/. Russia is too important for Turkey as a partner in the sphere of energy resources and raw materials and therefore it will not respond to Russia’s sanctions, business ombudsman Boris Titov said on Monday.

"Russia is important for Turkey as a partner from the standpoint of energy resources and raw materials. This country is 60% dependent on our gas. They have already lost the tourist sector. This is really a very strong blow against their economy. I think Turkey will not introduce sanctions, especially that they obviously want to make reparation for wrong; they want to mend relations," Titov said.

TASS reported earlier Russian President Vladimir Putin signed the decree providing for restrictive economic measures against Turkey.

On November 24 an F-16 fighter jet from the Turkish Air Force shot down a Russian Su-24M bomber. Ankara claims the Su-24M bomber violated the Turkish air space in the area of the border with Syria.

However, Russia’s Defense Ministry has said the Su-24M plane stayed exclusively over the Syrian territory and "there was no violation of the Turkish air space."

The crew of the Su-24M bomber managed to eject but one of the pilots was killed by gunfire from the ground. The second pilot was rescued and taken to the Russian air base.

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