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Trade turnover between Russia, Turkey down almost by one third — Russia’s ambassador

Russia-Turkey trade turnover topped around $19 bln and is expected to drop by $800 mln in 2016

© AP Photo/Emrah Gurel

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MOSCOW, February 8. /TASS/. The trade turnover between Russia and Turkey is falling steadily impacted by the crisis in relations between the two countries, Russia’s ambassador to Ankara Andrey Karlov said in an interview aired by the Rossiya-24 TV news channel on Tuesday.

"We’re following our trade turnover, which has dropped substantially. Whereas in 2014 the trade turnover equaled around $30 bln it dropped to $23 bln last year, and the downswing will continue in January," he said, adding that Russia’s "trade with Turkey will further decrease."

Russia-Turkey trade turnover topped around $19 bln and is expected to drop by $800 mln in 2016, Russia's First Deputy Economic Development Minister Alexey Likhachev said earlier.

Relations between Russia and Turkey have been locked in a spat over the downing of a Russian Su-24M bomber on November 24 by the Turkish Air Force’s fighter jet. Ankara claims the bomber violated the Turkish air space in the area of the border with Syria. However, Russia’s Defense Ministry has said there was no violation of the Turkish air space. On November 28, Russian President signed a decree on measures to ensure Russia’s national security and to protect its citizens from criminal and other illegal activities and to impose special economic measures against Turkey.

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