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Russia and Turkey may again consider setup of joint investment fund

July 25, 21:39 UTC+3 SIMFEROPOL
The economy ministers meeting scheduled to July 26
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© Chris McGrath/Getty Images

SIMFEROPOL, July 25. /TASS/. Russia and Turkey may return to discussion of establishing a joint investment fund at the economy ministers meeting scheduled to July 26, Russian Minister of Economic Development Alexey Ulyukayev said on Monday commenting on forthcoming talks with his Turkish counterpart Nihat Zeybekci.

"We have a piece of work on a preferential agreement for liberalization of services and investments regime and an opportunity of creating a mutual investment one. This is what we started more than a year ago and abandoned because of known reasons [after Turkey shot down the Russian airplane - TASS]," Ulyukayev said.

The parties did not agree in advance issues to be discussed at the forthcoming meeting. "We did not agree upon a specific agenda in advance and will create it in the course [of talks]," the Russian minister said.

The Turkish side may put forward the issue of lifting restrictions on supplies of agricultural products, Ulyukayev said.

"I cannot say definitely because we have no agenda, no program, and we had no contacts for a long time. We have areas [for discussion] pertaining to trading in goods, services, motor traffic, workforce, charter flights and potential tourism development at large," he added.

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