Topol ballistic missile test launched from range in Russia's southMilitary & Defense September 26, 19:59
Greek airline Ellinair ready to repatriate VIM-Avia passengers at its own expenseBusiness & Economy September 26, 19:04
Toro Rosso confirms Pierre Gasly to stand in for Daniil Kvyat for Malaysian Grand PrixSport September 26, 18:41
Russian Foreign Ministry says there is no legal ban on Iran’s missile testsRussian Politics & Diplomacy September 26, 18:38
Remote city in Russia's Arctic receives fiber optic link to InternetBusiness & Economy September 26, 18:29
US Senate Committee approves Huntsman as ambassador to RussiaWorld September 26, 18:17
Twitter pledges to move personal data of users to Russia by 2018Business & Economy September 26, 18:15
Putin relieves Russian Aerospace commander-in-chief of his dutiesRussian Politics & Diplomacy September 26, 17:57
German ex-chancellor Schroeder approved as Rosneft board chairman — sourceBusiness & Economy September 26, 17:21
MOSCOW, February 8. /TASS/. Russia’s restrictions imposed against Turkey in response for hostile actions may cause losses for the country’s economy exceeding $11 bln in 2016, Russia’s ambassador to Ankara Andrey Karlov told TASS, adding that tourism and agricultural sectors are likely to be hardest hit.
"We’ve managed to move the needle for bilateral cooperation with Turkey," he said, adding that "in 2014, the trade turnover between the countries exceeded $30 bln while almost 4.5 mln Russians" visited Turkey for vacation time.
According to Karlov who referred to "forecasts made by Turkish think tanks", "the Turkish economy may face losses from restrictive measures imposed by our country in response for Turkey’s hostile actions worth more than $11 bln in 2016." Karlov added that tourism and agricultural sectors will be hardest hit.