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MFA: Turkey, Russia intend to increase trade to $100B

Business Materials 29 March 2019 14:25 (UTC +04:00)
Turkey and Russia intend to increase trade turnover to $100 billion
MFA: Turkey, Russia intend to increase trade to $100B

Baku, Azerbaijan, March 29

By Rufiz Hafizoglu - Trend:

Turkey and Russia intend to increase trade turnover to $100 billion, Turkish Foreign Minister Mevlut Cavusoglu said at a joint press conference with his Russian counterpart Sergey Lavrov in Antalya, Trend reports via Turkish media.

Cavusoglu noted that Turkey and Russia have a large trade potential.

Presently, relations between Turkey and Russia are developing in all areas, he added.

The Turkey-Russia Joint Strategic Planning Group meeting is being held in Antalya. Plans for bilateral cooperation in 2019-2020 will be discussed during the meeting.

According to the Ministry of Trade of Turkey, the country's trade in February 2019 amounted to $30.4 billion.

Turkish imports from Russia in February decreased by 12.18 percent compared to February 2018, and amounted to $1.630 billion.

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Follow the author on Twitter: @rhafizoglu

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