- Title: Turkey, Russia sign memorandum on lifting trade restrictions
- Date: 22nd May 2017
- Summary: ISTANBUL, TURKEY (MAY 22, 2017) (HOST BROADCASTER POOL) ***WARNING CONTAINS FLASH PHOTOGRAPHY*** BLACK SEA ECONOMIC COOPERATION (BSEC) SUMMIT IN PROGRESS RUSSIAN PRIME MINISTER DMITRY MEDVEDEV (LEFT) AND HIS TURKISH COUNTERPART BINALI YILDIRIM LISTENING (SOUNDBITE) (Turkish) TURKISH PRESIDENT, TAYYIP ERDOGAN, SAYING: (PART OVERLAID WITH SHOTS OF PARTICIPANTS LISTENING) "Of course there can be political or military problems among the countries of the region. The more we can keep the Black Sea cooperation away from these problems, the more effective it will function. I believe that we should take a step further and make this organisation an effective tool to tackle these problems. For this, we should focus on our common (interests) rather than differences without having political discussions that are nonstarters." AUDIENCE LISTENING GREEK PRESIDENT PROKOPIS PAVLOPOULOS SPEAKING SUMMIT IN PROGRESS MEMBER COUNTRIES' REPRESENTATIVES POSING FOR PHOTO (FROM LEFT) PAVLOPOULOS, ERDOGAN, MOLDOVAN PRESIDENT IGOR DODON, YILDIRIM AND MEDVEDEV POSING FOR PHOTO PAVLOPOULOS, ERDOGAN AND DODON STANDING PARTICIPANTS POSING FOR PHOTO YILDIRIM AND MEDVEDEV TALKING PARTICIPANTS POSING FOR PHOTO RUSSIAN DEPUTY PRIME MINISTER ARKADY DVORKOVICH AND HIS TURKISH COUNTERPART MEHMET SIMSEK SIGNING JOINT AGREEMENT IN ATTENDANCE OF MEDVEDEV AND YILDIRIM DVORKOVICH AND SIMSEK EXCHANGING SIGNED AGREEMENTS DVORKOVICH, MEDVEDEV, YILDIRIM AND SIMSEK AND OTHER OFFICIALS POSING FOR PHOTO MEDVEDEV AND YILDIRIM SHAKING HANDS
- Embargoed: 5th June 2017 14:27
- Keywords: lifting trade restrictions Turkey and Russia signing memorandum summit of Black Sea Economic Cooperation (BSEC)
- Location: ISTANBUL, TURKEY
- City: ISTANBUL, TURKEY
- Country: Turkey
- Topics: Diplomacy/Foreign Policy,Government/Politics
- Reuters ID: LVA0016HX8093
- Aspect Ratio: 16:9
- Story Text: Turkey and Russia signed a memorandum on lifting trade restrictions against each other, Turkish presidential sources said on Monday (May 22), after Ankara and Moscow agreed at a meeting this month to settle trade disputes.
The memorandum was signed by Turkish Deputy Prime Minister Mehmet Simsek and his Russian counterpart Arkady Dvorkovich in Istanbul during Black Sea Economic Cooperation (BSEC) summit, the sources said.
The signing marked an important step in normalising and improving economic and trade relations between Turkey and Russia, Turkish presidential sources said.
A diplomatic crisis after Turkey shot down a Russian air force jet in 2015 near the Turkish-Syrian border prompted trade sanctions. Although relations have normalised since, some of the trade restrictions have remained in place.
The dispute brought Russia's grain supplies to Turkey to a virtual standstill.
Turkey is the largest Russian wheat importer after Egypt and Russian wheat is one of the most important sources of supply for Turkish flour millers.
- Copyright Holder: POOL (CAN SELL)
- Copyright Notice: (c) Copyright Thomson Reuters 2017. Open For Restrictions - http://about.reuters.com/fulllegal.asp
- Usage Terms/Restrictions: None