Russia and Turkey will reach $100 bln worth of trade turnover, says Putin

Russia and Turkey will reach $100 bln worth of annual trade turnover, Russian President Vladimir Putin said.

“I would like to say that Russia is going to have the trade turnover of $100 bln that President (of Turkey Recep Tayyip Erdogan) just talked about, with China this year. Why should it be smaller with Turkey? We will reach the same result with Turkey, no doubt about that,” Putin said when commenting on Erdogan’s words about plans to bring the trade turnover of the two countries to the mentioned level.

Earlier reports said that the Russian-Turkish trade turnover soared by 40.5% to $22.1 bln in 2017 compared with the previous year. In January-August period of this year, the two countries’ mutual trade turnover gained another 30% year-on-year.