Business

Russia set to start lifting Turkey sanctions

Russia set to start lifting Turkey sanctions

Russia set to start lifting Turkey sanctions Anadolu Agency Photo

Russian Deputy Prime Minister Arkadiy Dvorkovich said Wednesday that he expects all the documents needed to end the sanctions imposed against Turkey to be ready this week.

"I believe we can make all the arrangements this week. The agreements that were announced in Sochi with [Turkish President Recep Tayyip] Erdoğan have been articulated, they are now included in the documents, almost 99 percent are there," Dvorkovich said.

The Russian deputy prime minister disclosed that his country's government was preparing the paperwork in full swing.

"Drafts of the executive acts are ready, and as soon as protocols are signed the present limitations will be lifted," he said.

Following a May 10 meeting with his Turkish counterpart, Russian President Vladimir Putin announced that Moscow would lift almost all the sanctions on certain Turkish industries, including service, textile and construction.

Despite lifting sanctions, Turkish citizens will still need to acquire a visa in order to enter Russia.
Russia's ban on tomato imports from Turkey remains another significant issue, which was addressed by both presidents during their joint press conference May 2 in Sochi.

Source: Daily Sabah

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GoodMorningTurkey.com is your online news source about Turkey which has become one of the most closely followed and frequently discussed countries in the world. Turkey is increasingly becoming involved in world affairs, with its positive economic developments and intercultural interactions. Being strategically located between Asia, Europe and Middle East, geographically Turkey is playing an important role in the world affairs. Turkey has become world focus, and a role model country for many surrounding neighbors as a result of the recent developments and changes in the region.

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