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Main » 2015 » November » 25 » Relations between Turkey and Russia are spoiled, who suffer the most?
Relations between Turkey and Russia are spoiled, who suffer the most?

Before the unfortunate incident, the Turks shot down a Russian bomber violated the airspace of the country had extensive economic ties and grandiose plans for the future. Now they are threatened.



The tourist business. The first hit tourism sector, the Foreign Ministry has recommended to give Russian citizens from traveling to Turkey, tour operators suspend the sale of vouchers. It is worth recalling that the flow of Russian tourists is around 12 per cent of the total number of tourists, which in monetary terms is nearly 3.5 billion US dollars.


The sphere of trade. In 2014, Turkey ranked sixth among foreign trade partners of Russia, while Russian exports it took fifth place, while imports - the thirteenth. A Turkish imports Russia took first place in the export - the sixth. Recall, Turkey is one of the few refused to impose sanctions against Russia and only strengthened trade links with Russia.

Recently, countries have been planned to create a free trade zone, as well as to increase until the end of 2020 the mutual trade volume of 100 billion US dollars, these plans are now a big question.


Gas relations. Turkey - the second largest consumer market for gas, so in 2014, exports amounted to 27.4 billion cubic meters. m.

The "Turkish Stream" is in jeopardy at the moment the authorities have not commented on this topic.

Eurasian Economic Union. Before the incident with Russia, Turkey going to join the Eurasian Economic Union, now it has become almost impossible.


It is worth noting how the situation commented on Russian President Vladimir Putin, he said that the incident will be carefully analyzed, but it is clear that the event will have serious consequences for Russian-Turkish relations. 

A source

According to the materials WELTRADE


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