Contents tagged with turkey
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Turkey's Foreign Minister stresses Ukraine's territorial integrity as path to peace
Turkey's Foreign Minister, Hakan Fidan, emphasized the importance of considering Ukraine's territorial integrity when concluding the ongoing conflict. Speaking in an interview with Hürriyet, Fidan noted that the fatigue of the parties involved in the Russia-Ukraine war could lead to a "new situation" by 2025. Ankara maintains "special relations with both sides," he added. "A fair resolution of the war must be found within the framework of Ukraine's territorial integrity," Turkey's Foreign …
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Russian Foreign Minister Lavrov criticizes Turkey's weapon supply to Ukraine amid ongoing mediation efforts
Russian Foreign Minister Sergey Lavrov has openly criticized Turkey for its ongoing supply of weapons to Ukraine. Lavrov stated in an interview with the Turkish newspaper Hurriyet that Ankara continues its military-technical cooperation with the "Kyiv regime." According to Lavrov, Turkish weaponry is being used by the Ukrainian Armed Forces to target Russian soldiers and civilians.
Lavrov argued that Turkey's actions stand in stark contradiction to its willingness to mediate in resolving what …
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Russian businesses struggle with payment processing through Turkish banks amidst Western sanctions
The Russian news outlet Vedomosti reports that Russian importers and intermediaries are facing challenges with payments via Turkey, whose banks Russian businesses use for transiting transactions to other countries, including Europe. According to the report, European banks have intermittently been refusing payments for goods from Turkish banks sent to Russian business suppliers. Specifically, one businessman ran into this issue in Bulgaria. Additionally, a Vedomosti source claims that Turkish …
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Turkish banks cut ties with Russian-linked companies amid U.S. sanctions threats
Turkish banks are increasingly shutting down accounts of companies engaged in business with Russia due to the threat of secondary U.S. sanctions, according to Russian Ambassador to Turkey Alexei Yerkhov.
"Problems in mutual settlements between the two countries persist. Cases of 'pushing out' companies involved in transiting goods to Russia have become more frequent in Turkish banks. These clients are being actively identified, their transfers are blocked, or their accounts are completely …
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Turkey launches new Ada-class corvette for Ukraine in Istanbul ceremony
In a ceremonious event in Istanbul, the Ada-class corvette "Hetman Ivan Vyhovsky" built for the Ukrainian Armed Forces was launched. Notable attendees included Ukraine's Defense Minister Rustem Umerov, Navy Commander Oleksiy Neizhpapa, and First Lady Olena Zelenska. Representing the Turkish side was Haluk Bayraktar, a member of Turkish President Erdoğan’s family and owner of defense firm Baykar.
Ozgur Guleruz, CEO of shipbuilding company STM, addressed the audience, revealing that the corvette …
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Turkey seeks UN intervention as Russia ignores requests for access to Ukrainian POWs
QIRIM.News reports that Russia is ignoring Turkey's requests to grant access to Ukrainian prisoners of war and disclose the conditions under which these prisoners are held. During a meeting with the families of Ukrainian prisoners, Turkey's chief ombudsman Süleyman Malkaç stated, "I wrote a letter to the Russian Embassy in Ankara on July 5, 2024. In the letter, I mentioned my visit to Ukraine and my inspection of Russian prisoners held there. I also expressed my intent to visit Ukrainian …
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Turkey thwarts major terrorist plot in Moscow after Crocus City mall attack
Turkish special services helped to prevent a second terror attack in Moscow after the assault on the Crocus City Hall shopping center, which militants from the group "Vilayat Khorasan" — banned in Russia — were planning. This is reported by the Turkish newspaper Hürriyet.
It is noted that a crowded shopping center was chosen as the possible target. Turkish intelligence prevented this second major terrorist attack by contacting Moscow, the newspaper writes.
The "Vilayat Khorasan" group is …
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International Economic Forum Russia – Islamic World kicks off in Tatarstan; Taliban, Iran, Turkey among honored guests
The 15th International Economic Forum "Russia – Islamic World", known as the Kazan Forum, is underway in Tatarstan. The program features 125 thematic sessions across 12 different directions and will continue until 19 May.
The goal of the 15th Kazan Forum is "to provide a platform for leading international experts in economics and finance from the Islamic world to strengthen ties between member countries of the Organisation of Islamic Cooperation (OIC) and the Russian Federation in economic, …
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Turkey and China scale back trade with Russia amid sanction fears
Turkey and China, major trading partners of Moscow, have unexpectedly reduced their goods shipments to Russia due to fears of secondary sanctions from Washington, The Moscow Times reports, citing economic analysts.
Analysts believe the recent export boom has been deflating not only because of the threat of sanctions but also due to complications in money transactions. The Financial Times and Bloomberg also report a worsening situation for Russia. For China, the Russian market remains secondary …
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US and Turkey agree on new sanctions enforcement framework against Russian-affiliated companies
Turkey and the United States have agreed on a new framework for enforcing secondary sanctions aimed at companies cooperating with Russ, reports the Turkish newspaper Hurriyet.
Under the new agreement, US authorities will inform Ankara of any companies suspected of dubious activities and request information concerning these suspicions. Should Turkey conduct an investigation and report the findings to the US, "measures will be taken if necessary," according to the paper.
Previously, Washington …