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Moscow, Ankara addressing removal of problems with banking transactions — Russian envoy

The problem with bank transfers between Russia and Turkey, which "occurred late last year as a result of tightening of anti-Russia sanctions by the US Treasury Department’s Office of Foreign Assets Control," still exists and is "very serious," Alexey Yerkhov said

MOSCOW, February 19. /TASS/. Moscow is addressing the removal of problems with banking transactions together with the Turkish authorities, Russian Ambassador to Turkey Alexey Yerkhov said in an interview aired by the Rossiya-24 TV news channel.

The problem with bank transfers between Russia and Turkey, which "occurred late last year as a result of tightening of anti-Russia sanctions by the US Treasury Department’s Office of Foreign Assets Control (OFAC)," still exists and is "very serious," the diplomat said. "On our part we are working with the Turkish authorities to prevent those measures from doing harm to fair participants of foreign economic activities, both Russian the Turkish. The work is underway," he said.

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