All news

Erdogan pledges to introduce exemptions for Russian entrepreneurs

Turkey and Russia are looking for new opportunities to bring trade turnover to $100 bln

MOSCOW, April 8. /TASS/. Turkish President Recep Tayyip Erdogan has pledged to introduce various exemptions for Russian businessmen willing to invest funds in the country’s economy.

"Turkey and Russia are looking for new opportunities to bring trade turnover to $100 bln," he said at a meeting with Russian counterpart Vladimir Putin and representatives of Russian and Turkish business circles on Monday. "We do not view your firms as foreign or Russian, we view them as our own," President said, adding that "Russian entrepreneurs willing to invest in Turkey will be provided with various exemptions."

Erdogan noted that he "had tasked all departments of the country with making every effort to ease trade ties with Russia."

President also said that he hopes that "Russia and Turkey would shift to settlements in national currencies" soon.