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Russian, Turkish businesses' work must be simplified — minister

July 26, 2016, 13:43 UTC+3

Turkey’s economy minister says Moscow and Ankara should restore the previous level of relations

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MOSCOW, July 26. /TASS/. Russia’s Economic Development Minister Alexei Ulyukayev said that everything should be done to simplify the work of Russian and Turkish businesses.

Speaking at a meeting with the Turkish Economy Minister Nihat Zeybekci the Russian minister said:

"We have a lot of issues for discussion, it will involve our colleagues from other ministries and departments. The last seven months is a serious challenge for our business, for our economic structures, and, of course, we must do everything possible to facilitate the work of businesses," Ulyukayev said.

The minister added Russia is set to work effectively with Turkey to restore trade and economic relations. 

"We have an order from the President of the Russian Federation to resolve (all the issues -TASS) with partners, to remove the obstacles that emerged historically and those that appeared recently, to restore economic relations. I am determined to work with maximum effectiveness in order to fulfil the task by 100%," he said.

Russia, Turkey should restore relations

Turkey’s economy minister told the meeting that Russia and Turkey should restore the previous level of relations by the summit of Russian and Turkish Presidents Vladimir Putin and Recep Tayyip Erdogan scheduled for August 9.

"At our today’s meeting, we need, first of all, to determine basic priorities so that by the day of our presidents’ summit we can already return to the level that existed before November 24 [November 24, 2015 when a Turkish fighter jet shot down a Russian Su-24 bomber]," Zeybekci said.

He confirmed that the two presidents will meet on August 9, 2016, and recalled that the leaders of Russia and Turkey have set the goal to reach trade turnover between the two countries of $100 bln, but did not specify the term.

The minister expressed hope that the current negotiations between Russia and Turkey on tade and economic cooperation will be held in a constructive and productive manner.

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