Friday, August 8, 2014

NATO 'Sometimes Ally' Turkey once more in to the breach, hopeful to bust sanctions on Russia


NATO 'Sometimes Ally' Turkey once more in to the breach, hopeful to bust sanctions on Russia.(HD).
President Vladimir Putin ordered his government to adopt the measures to retaliate against Western countries who imposed sanctions on Russia’s defense, oil and financial sectors over its support for rebels waging an insurrection in east Ukraine.
Mehmet Büyükekşi, the head of Turkey’s top exporter, the Turkish Exporters’ Assembly (TİM), said they thought the Russian move “would create an opportunity” for Turkish exporters to increase their trade with the country.

Speaking to broadcaster NTV, he said Turkey had been suffering from some problems in its trade with Russia, particularly in poultry exports, the announcement could help the country recover from the setbacks.

He said fruit, egg and poultry sectors could particularly benefit, as the Turkish Agriculture Ministry has been implementing some restrictions on other food products. Büyükekşi also said the ministry could ease some of its bans.

With the loss of some its major import markets, the Russian government has pledged to compensate the decline in purchases by boosting its imports from other countries, including Turkey, Latin America and ex-Soviet nations. Hmmm.....'Sanctions that benefit II' after Iran now Russia.Read the full story here.

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