Russia and Turkey lift all trade restrictions

Trade restrictions between Russia and Turkey have been lifted. Vice premiers of the two states - Arkady Dvorkovich and Mehmet Shimshek - signed a relevant agreement on Monday, May 22. It is worthy of note that Turkey is currently hosting the summit of the Organization of the Black Sea Economic Cooperation.

Photo: Source: Government.ru

Russian Prime Minister Dmitry Medvedev and his Turkish counterpart Binali Yildirim attended the ceremony to sign the joint statement on lifting the restrictions.

Medvedev has already held talks with Yildirim; he is now expected to have a meeting with Turkish President Recep Tayyip Erdogan.

It became known at the summit that Russia would allocate about a million dollars for joint projects with countries of the Black Sea Economic Union. The projects will embrace such industries as aircraft building, machine building, chemical industry and metallurgy.

Pravda.Ru

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