https://www.rt.com/news/582344-putin-erdogan-meeting-sochi/
The world is awaiting the outcome of top-level negotiations between Moscow and Ankara, Turkish President Recep Tayyip Erdogan said ahead of his meeting on Monday with his Russian counterpart, Vladimir Putin.
Addressing Putin before talks in the Russian resort city of Sochi, Erdogan said the inclusion of the so-called Black Sea grain deal as part of the agenda meant that there was intense global attention on the meeting.
“They are waiting for the outcome. I believe that the statement that will be made during our press conference on the results of our discussions will be a step towards the world, especially the developing African nations,” the Turkish leader stated.
Putin stressed in his welcome speech that Russian-Turkish relations are strong and continue to improve. He also outlined plans for future cooperation, including the creation of a hub in Türkiye for the re-export of Russian natural gas, as well as the Russian construction of a nuclear power plant for Türkiye.
“Next year, if all goes according to plan, we will launch the first reactor block. There are interesting possible variants for continuing our cooperation here,” Putin said.
The Black Sea Grain Initiative was a Türkiye-mediated arrangement that allowed Ukraine to export its grain under safety guarantees provided by Russia.
However, Moscow withdrew from the deal in July, one year after it was initially sealed. Russia accused the UN, which had also helped mediate the scheme, of failing to deliver on its promises to facilitate the export of Russian food and fertilizers. Moscow argued that Russian shipments had faced issues due to Western economic sanctions, despite claims by the US and its allies that this would not be the case.
Moscow has maintained that private companies are reluctant to service Russian ships, fearing US retribution, while Russian exporters have endured payment problems after being cut off from the SWIFT international banking system.
Discussions over possible ways to revive the grain deal are among the main goals for Erdogan during his visit to Russia, according to Turkish media. Moscow has suggested it is willing to allow Ukrainian exports as soon as Russia is granted what it was promised last year.
Kremlin spokesman Dmitry Peskov told journalists that the initial round of Russian-Turkish negotiations, which involved senior officials and lasted about 90 minutes, had been constructive. He added that no agreements were expected to be signed after the talks.
Türkiye proposes national currencies trade with Russia
Turkish President Recep Tayyip Erdogan has underscored the importance of switching to national currencies in bilateral trade with Russia. He made these comments during his meeting with Russian President Vladimir Putin in Sochi on Monday.
“I believe that the fact that the heads of our central banks will meet here today is important from the point of view of a step towards the transition to national currencies in bilateral relations between us,” the Turkish president stated.
Putin, in turn, noted that the pace of trade development between the two nations remains positive and that economic cooperation is diversifying beyond the traditional sectors such as agriculture and energy.
“We are very pleased that the volume of our bilateral trade is currently $62 billion, and we are moving towards our goal of $100 billion,” Erdogan replied.
Despite geopolitical differences, Moscow and Ankara have been trying to deepen economic ties. In April, Putin and Erdogan agreed to encourage mutual investments and help Russian and Turkish businesses enter each other’s markets.
Last year, Türkiye and Russia signed a roadmap for economic cooperation that envisages bringing bilateral trade turnover to $100 billion annually. The two nations have also agreed to introduce the Russian ruble as a settlement currency in bilateral trade, including payment for Russian natural gas supplies.
Kim Jong-un, the leader of North Korea, plans to travel to Russia this month to meet with President Vladimir V. Putin to discuss the possibility of supplying Russia with more weaponry for its war in Ukraine and other military cooperation, according to American and allied officials.
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